If insolvency looms and you take insolvency advice you probably do not need to close your Plymouth based company business. In technical terms you can end the life of your company but retain the underlying business. UK insolvency law allows for creditors to be removed through a restructuring of your company affairs by some form of insolvency process - resulting in a revived but "new" business. If your company is based in Devon and you are looking for a specialist firm of Devon Licensed Insolvency Practitioners (who are also Chartered Accountants & Chartered Tax Advisers) for expert advice on one of the insolvency renewal processes then you may have to search no further.
You will want to know all of the company rescue options. We explain the pros and cons of each alternative restructuring course of action. We offer and provide free telephone advice lasting one to two hours or preferably meet with you free of charge in Devon at your business address or at your accountants offices. Alternatively we can meet at our Plymouth office -
Purnells Licensed Insolvency Practitioners
4th Floor
Salt Quay House
6 North East Quay
Sutton Harbour
Plymouth
Devon
PL4 0HP
Telephone Chris Parkman BSc, MABRP, MIPA Licensed Insolvency Practioner on 01752 358585 for free advice.
Each insolvency process either removes creditors for good or restructures the creditors such that, for example, you might get four years free credit and repay, say, only 50 pence in the pound. You can read more about each type of recovery process on this web site and learn how to obtain these benefits from:
We regularly help businesses in the following Devon County towns with restructuring advice:
Barnstaple, Bude, Bideford, Exeter, Holsworthy, Ivybridge, Kingsbridge, Newton Abbott,. Okehampton, Paignton, Plymouth, Tavistock & Torbay - In other words in all PL and EX post codes.
Purnells Insolvency Practitioners & Chartered Accountants provide free restructuring and insolvency advice, help & support from our offices in Salt Quay House, Sutton Harbour, Plymouth, Devon which results in the removal of your company creditors - phoenix company advice - prepack administration advice - company voluntary arrangement advice - and advice concerning liquidations with or without a restart company.