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Company Voluntary Arrangement

"What if there was a way we could save our company, get rid of costs and staff, rebuild our sales and profits without closing it? We don't want to see all of our hard work destroyed and have the misery of going bust"!

There is a great solution for your problem and you've found it.....

It's called the Company Voluntary Arrangement or CVA and it is a legally binding deal with creditors. What does CVA mean and how does it work? Well these pages will help you learn all about the CVA tool and how it can help your company!

Company Voluntary Arrangement Benefits (if you use us)!!

CVA's can improve cashflow, quickly. You can cut costs quickly. CVA's can terminate employment contracts, leases, onerous supply contracts and all with NIL CASH COST. No need to consult with employees, simply issue P45's and the employees leave!

We can terminate landlords leases with NIL cost with a company voluntary arrangement Simply walk away from the lease.

We can terminate directors or managers contracts too. Find that interesting???? Then call 0800 9700539 for more details.

FIRST the simple description of a CVA!

It is a deal between the insolvent company and its creditors; this deal places a ringfence around the company and stops creditors attacking you. It allows the company to repay some or all of its historic debts from future profits over a period of time. Directors stay in control and it stops any legal actions if you use a quality advisor.

It has been in UK law since 1986 and is one of the Government's preferred rescue options.

Useful Guides to CVA:

Company Voluntary Arrangement Detailed Guide - all you need to know about CVA's from framing the deal through to creditors' votes.

Company Voluntary Arrangement FAQ's - frequently asked questions from our users. Read these and see if your question is answered.

Company Voluntary Arrangement Flowchart - a fast and unique pictorial view of the process of CVA from start to approval.

Company Voluntary Arrangement Case Studies - over 25 case studies - click now!

CVA Worries. Or common comments like "No, we cannot use the CVA mechanism because our suppliers won't supply": (Not so).

CVA versus Administration? Callers often say they have been told to use Administration. Here we compare it to CVA.

So, isn't that better than seeing the company go bust, close down and every creditor losing their money and an ongoing customer?

CVA's are amazing for rescuing a distressed company when you know it can be profitable in future. You can make employees redundant with no cash cost, you can get out of property leases and problem contracts and make the business profitable again with the CVA and our help!

In the time it takes us to organise the CVA for you, we will freeze your payments to VAT, PAYE and creditors. Then together we offer the creditors a deal over time to pay something back from future profits. This improves the cashflow in your business.

"If it's so great, why doesn't everyone use the CVA if their business gets into trouble"? The answer is because very few people know about this fantastic tool and most companies end up going bust because they are scared of insolvency. And most people don't get help from us!

So why don't people know about CVA's?

Well the insolvency profession does not like them, the DTI (DBERR now) does not advertise them and few people like us know how to use them.

Want proof?

A detailed report into UK Management Attitudes to Company Voluntary Arrangements. By Tim Mocroft (from the DTI).

Tim Mocroft produced this detailed report into the CVA mechanism and the attitudes of Government, the insolvency profession and business managers to restructuring companies. It sheds light on why many people are not aware of the CVA tool and why the insolvency profession is not a great fan of the CVA.

Tim welcomes the opportunity to bang the CVA drum, which is why we have included this report on our site, Tim was asked by the DTI to look at why CVA's were not used more in UK insolvency scenarios. Then they did not publish the report!

"Use KSA to propose your CVA and we will guarantee that it will be accepted by creditors. More than 97% of our client's CVA proposals are accepted by HM Revenue and Customs and trade creditors"!