Members' Voluntary Liquidations are used as a method of extracting company funds for shareholders to claim Business Asset Disposal Relief - formerly Entrepreneurs Relief. We can help with Administration, Bankruptcy, Business Rescue, Voluntary Arrangements, Liquidation and Member's Voluntary Liquidations.
This section explains some of the options. Understanding what insolvency means for your business can be daunting and we appreciate that you will have a lot of questions and concerns. We cover all of England and Wales and are happy to meet you. Everything to close a business can also be done online or you can visit us at one of our offices.
This section explains some of the options. Understanding what insolvency means for your business can be daunting and we appreciate that you will have a lot of questions and concerns. We cover all of England and Wales and are happy to meet you. Everything to close a business can also be done online or you can visit us at one of our offices.
Services
The firm started in 1992 when David Kirk set up his own practice in Exeter. The firm is still owned by David Kirk and is an independent practice and not part of a national chain. We provide support and advice in rescue, recovery and insolvency. The firm has expanded with insolvency offices now in Exeter, Barnstaple, Poole, Cirencester, Bristol, Hereford, Swansea and Glastonbury.
Are you worried about debt? We will take the pressure off and help you. We can help you save your business by using various legal restructuring tools. Over the last 25 years we have provided insolvency services to more than 10,000 businesses across England & Wales, including a number of successful pre-pack administrations.
Bankruptcy used to have a social stigma attached to it, but this is becoming a thing of the past. It's not a nice thing to have to do, but it is a very good way of creating a clean start and clearing off your debts. You just have to make sure it is the right thing to do in your circumstances, before you do it.
The key to a successful business rescue is taking action early on. That comes from accepting the reality that the business is in trouble. It is sometimes hard for a business owner or board of directors to recognise that soon enough. This is where the business goes through some formal insolvency procedure like a pre-pack administration or liquidation and what comes out the other side looks like the same business.
There is a lot written about company voluntary arrangements (CVA's) on the internet. They sound like a really good idea. You do not need to close and liquidate. You can keep going, keep your bank account and trading name and your creditors can also get something back and not see it all go down the drain in a liquidation and closure.
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