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For more free information and advice on the insolvency options & alternatives open to rescue your company and to freeze any creditors enforcement actions please contact Chris Parkman by submitting this request or telephone him or one of his colleagues on 01326 240680.

 

Chris will be pleased to arrange a free meeting with you or provide free telephone advice.

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Insolvency Options & Advice for Limited Companies facing cash pressures

Insolvency choices for Companies - Alternative Benefits from Administration, Prepacks, CVA's, Phoenix Businesses

 

This section of the web site addresses the insolvency advice, options and choices open to your limited company. Options are needed if it faces cash or solvency pressures such as an unsatisfied County Court Judgment (CCJ) or a winding up petition.  The available insolvency choices and alternatives can provide different financial benefits - often of a very substantial amount.

 

As you dig deeper into the index on the left hand side of this page (or click on the links below)  you will read the related insolvency law, an explanation and simple Case Studies concerning the insolvency advice & options available to your limited company. You can then learn more about the following insolvency choices available to companies:

  • Limited Company Insolvency Advice. - Option 1 - How to legitimately set up a phoenix company. And how you then benefit from a sharp reduction in the sums of money owing.

 

  • Company Insolvency Advice. -  Option 2 - When a CVA (Company Voluntary Arrangement) might be appropriate. And how you then effectively benefit from your creditors giving your company extended credit over several years and usually a substantial discount (often 50% or more) of the total amount owed.

 

  • Insolvency advice for companies. - Option 3 - How it is sometimes possible to avoid a formal insolvency process altogether. Benefit from much lower costs or no costs at all by using the provisions of Section 1003 to 1009 of the Companies Act 2006. [Formerly section 652 of The Companies Act 1985.] (Not available if a winding up petition has already been issued against your company).

 

  • Company Insolvency Advice. - Option 4 - How to obtain a breathing space from creditors enforcement  actions by using an Administration to freeze those creditors. And benefit from not having your company assets seized. Instead you obtain time to plan a way forward.

 

  • Limited Company Insolvency Advice. -  Option 5 - How to save the underlying business by using a pre pack administration. And benefit from restructuring your company liabilities.

 

 

By contrast any creditor who has obtained a County Court Judgment against your Limited Company also has a series of options open to him to enforce that Judgment. Each of those collection choices could prejudice the continued existence of your Company. If you wish to read about the enforcement options open to any of your creditors who hold a County Court Judgment click here.

 

 

We provide free advice.  Learn the insolvency options and alternatives open to your limited company. Choices and options that we will ensure address the particular financial circumstances of your company. We also advise on your personal objectives. We will assist in rescuing the underlying business of your Company.


 
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