Llandudno Company Insolvency Help
The UK Liquidators office in Llandudno supports company directors in financial distress across the Welsh coastal town and surrounding areas. Our Llandudno team of licensed insolvency practitioners and company rescue experts offer a free consultation to company directors looking to close their limited company. We can advise you on liquidation options for both solvent and insolvent companies.
If your company is viable and can be rescued, our Llandudno insolvency experts will maximise efforts to save your company. If your business is experiencing cash flow problems and creditor pressure, you may experience legal action launched by creditors over unpaid debts. If you receive a winding up petition and fail to take immediate action, your business could be forced into liquidation.
To put an end to creditor pressure and act in the best interests of creditors, you may voluntarily decide to liquidate your business. A Creditors’ Voluntary Liquidation (CVL) is a formal insolvency procedure used to voluntarily liquidate an insolvent business under the guidance of a licensed insolvency practitioner.
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 .
A Members’ Voluntary Liquidation (MVL) is a solvent liquidation procedure that allows you to distribute funds in a cost-efficient manner if your business has substantial retained profits. You may also be able to pay a reduced rate of Capital Gains Tax if you qualify for Business Asset Disposal Relief.
Our Llandudno insolvency practitioners offer a free consultation to business owners. If you are uncertain about your next steps, we can help ascertain the right route for your business. We also have offices in Chester, Stoke-on-Trent and Swansea for your convenience.
