Worcester Company Insolvency Help
Welcome to the Worcester office of UK Liquidators. We specialise in providing sound and actionable advice to company directors and individuals struggling under the weight of worsening finances.
Whether you are the sole director of a small company, or you run a large established business with a number of employees, UK Liquidators can help. Our knowledgeable and experienced insolvency professionals can guide you through the business rescue, recovery, and restructuring options that can help get your business back on track. This may take the form of a Company Voluntary Arrangement (CVA), a process which restructures your current liabilities, giving you additional time with which to pay off the money you owe. This option is great for those businesses which have the potential to be profitable as this allows the time to trade out of financial difficulties. If your cash flow is strained, it may be possible to take out some funding for your business to ease your worries.
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 .
Alternatively, if you have decided that your business has come to the end and you wish to shut it down, we can help you understand the closure options. The most common type of this is a Creditors’ Voluntary Liquidation (CVL) which is designed for those businesses which are insolvent, meaning they do not have enough funds or assets with which to pay off their debts. Following the liquidation, any remaining debts are wiped off and the company brought to a close.
If you are experiencing any form of financial difficulty with your company, it is vital that you seek advice as a matter of urgency. The sooner you contact us, the more options will be available. Call our experts today to arrange a free no-obligation consultation.
