Medway Company Insolvency Help
The Medway office of UK Liquidators provides support to company directors in financial distress across the South East of England. If you are considering closing your limited company or your business is subject to a winding up petition, you should seek urgent advice to protect your business and creditor interests. Our Medway office is managed by a reputable team of licensed insolvency practitioners with the first-hand experience required to carefully assess the viability of your business.
A creditor is likely to issue a winding up petition as a final resort if you have failed to repay money owed. If the winding up order is granted by the court, this can have serious repercussions, leading to the forced closure of your business.
If you wish to close your limited company according to your terms, you may turn to a Creditors’ Voluntary Liquidation. This voluntary liquidation procedure consists of raising funds to repay creditors. Any remaining debts may be written off and your company will then be removed from the Companies House register.
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 are looking to close your solvent limited company, a Members’ Voluntary Liquidation (MVL) can help you pursue a cost-efficient exit. An MVL enables you to distribute funds cost-effectively and you may also be eligible for Business Asset Disposal Relief, formerly Entrepreneurs’ Relief.
Our advisors in Medway are on hand to advise you on your options and offer a free consultation to business owners looking to close their limited company. We also have nearby offices in Ashford, Brighton and Croydon.
