solvent businesses

Solvent businesses

If your business is solvent, we can advise on you the following options:

Members' Voluntary Liquidation (MVL)

The directors ensure that all creditors are paid (hence the company being solvent) and decide to cease trading usually due to bleak future prospects and to avoid the risk of the company becoming insolvent.

We can provide you with advice on the liquidation process and advise directors on the personal risk they are exposed to as result of committing the offence of wrongful trading.

Striking off your company

This is also known as dissolution of the company. We can apply to Companies House to have the company struck off the companies register if certain criteria are met.

We can advise on each stage of the process, assisting with assets, advice on directors' responsibilities, communication with creditors, application to Companies House.

Selling your company

We can assist you to sell or dispose of your company, including providing advice on directors' responsibilities and on the sale contract, implications for staff and mitigating tax.
More information for solvent businesses

Please call or email us for a free initial confidential discussion

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Are you defending :-
Statutory demand
Bankruptcy petition
A possession claim
Have you been made bankrupt
Do you wish to annul
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