Our qualified Insolvency Practitioners offer over 100 years combined knowledge and experience. A Creditors' Voluntary Liquidation (CVL) formally brings to an end the operation of an insolvent company in a quick and cost effective way. Administration is an alternative to receivership or liquidation, providing legal protection from your creditors whilst a restructuring plan is put together.
A Company Voluntary Arrangement (CVA) is an insolvency procedure designed to rescue through restructuring of its liabilities to creditors. Where a company is experiencing some form of financial difficulty or its future prospects are uncertain we can provide support to the directors via a formal Independent Business Review (IBR).
A Company Voluntary Arrangement (CVA) is an insolvency procedure designed to rescue through restructuring of its liabilities to creditors. Where a company is experiencing some form of financial difficulty or its future prospects are uncertain we can provide support to the directors via a formal Independent Business Review (IBR).
Services
Administration is an alternative to receivership or liquidation, providing legal protection from your creditors whilst a restructuring plan is put together. A Creditors' Voluntary Liquidation (CVL) formally brings to an end the operation of an insolvent company in a quick and cost effective way.
A Members' Voluntary Liquidation (MVL) offers significant tax savings, allowing funds distributed to shareholders to be treated as capital gains receipts rather than dividends.If you're a Sole Trader, or a Director with personal guarantee concerns, we can help deal with any debts you are personally liable for.
A Members' Voluntary Liquidation (MVL) offers significant tax savings, allowing funds distributed to shareholders to be treated as capital gains receipts rather than dividends.If you're a Sole Trader, or a Director with personal guarantee concerns, we can help deal with any debts you are personally liable for.
The consultation is usually carried out via a video call or face-to-face meeting, although a standard phone call is fine also if that is preferred. During this call we will explore the key issues, and it would also be helpful if you can provide us with any recent accounting information plus details about sales, costs, financing and creditors.
A CVL is the most common form of liquidation in use in England and Wales and formally brings to an end the operations of a company. If your company's debts have become unmanageable, you face increasing creditor pressure and you ultimately know the business cannot continue to trade, then this is an option available to your company.
If your company is in severe financial distress and insolvent, an administration order could provide legal protection from your creditors and give you breathing space, whilst the financial position is assessed and a restructuring plan is put together. The administration procedure is an alternative to receivership, or liquidation with its primary purpose being the survival of the whole company, or of part of its operation as a going concern.
Reviews (2)
Gsl Bargains
Jul 02, 2020
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I would give this company 10 Starts if I could. I have never come across a company where the customer service is of this high standard. The communication is second to none. We used Bridgwood when we decided to voluntary liquidate our business. The whole process was made so easy. It was quick and a lot more easier than we thought. I would definitely have no hesitation in recommending this company to anyone.
Ted Assheton
Jan 03, 2018
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