Just a quick note to say a big thank you to all the staff at KSA, our CVA was passed today by creditors voting in an overwhelming number including HMRC to accept the proposal as prepared by KSA.
The road to reach today’s conclusion has been bumpy, but at each stage your team has supported and guided us through the issues and we have reached a very satisfactory outcome to the benefit of customers, staff, all creditors and shareholders.
Guides
A Guide To The Process Of Compulsory Liquidation
Compulsory Liquidation is when a company is liquidated by the official receiver...
What Are Fixed and Floating Charges
A fixed charge is security over a non-changing asset like property whereas a...
Directors Disqualification Explained
If disqualified, a director may not act as a director or manager in the...
CVA Advice For Landlords
Landlord affected by CVA – Should I Vote For Or Against? Should I Even Vote?
Hi...
What is a Scheme of Arrangement for Creditors
A Scheme of Arrangement is a statutory legal process that allows a company to...
Company Voluntary Arrangements (CVA) - Worries and Mistruths!
These are the common worries about CVAs that we have heard over the last 20...
Wrongful trading and fraudulent trading: What’s the difference?
Wrongful trading is where an insolvent company has continued to trade in a way...
How To Stop a Winding Up Petition On My Company
You can prevent a winding up petition being served on your business if you act...
Company Voluntary Arrangement CVA Moratorium
Under Schedule A1 Insolvency Act 1986 small companies in financial difficulty...
What is a Compulsory Strike Off?
A compulsory strike off, also known as a dissolution, occurs when a company's...
Company insolvency in Scotland
Is there a genuine company rescue culture in Scotland?
There is only one...
What about Free Liquidation?
Liquidations are common with 1000s every year. It is just an unfortunate fact...