Dartford Company Insolvency Help
The Dartford UK Liquidators team is made up of business recovery professionals and licensed insolvency practitioners dedicated to providing essential support to company directors in financial distress. We offer a free consultation to business owners looking to close their limited company and actionable advice to help put a stop to creditor pressure.
A common route taken by creditors to recoup funds is to issue a winding up petition against your business. This is a serious matter as if the winding up order is granted; your company will be subject to compulsory liquidation. During the liquidation process, the licensed insolvency practitioner overseeing the procedure will liaise with creditors to communicate your financial position. Company assets will be sold to generate funds to repay creditors and your business will then be closed.
Worried about your Bounce Back Loan?
If you are a limited company director worried about how you are going to repay your Bounce Back Loan, we are here to help. As licensed insolvency practitioners we can talk you through your options when it comes to repaying your outstanding Bounce Back Loan, as well as handling all negotiations with creditors on your behalf. Call our team today on 0800 063 9262 .
If you wish to voluntarily take the liquidation route to close your distressed limited company, a Creditors’ Voluntary Liquidation (CVL) may provide an ideal exit route. If you are no longer able to maintain your financial commitments and cannot pay debts when they fall due, your business may be insolvent. A CVL can help you take control of your financial affairs and settle outstanding debts with creditors.
If you are looking to close your solvent limited company, a Members’ Voluntary Liquidation (MVL) may likely provide an ideal exit route which allows you to extract funds in a tax-efficient manner. If eligible, you may also be able to benefit from Business Asset Disposal Relief, previously known as Entrepreneurs’ Relief. To pursue an MVL, your business should present substantial asset value and be able to settle debts within 12 months.
Our Dartford UK Liquidators office forms part of our vast network of offices in the UK, including in London
