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
Directors Disqualification Explained
If disqualified, a director may not act as a director or manager in the...
Will My Bank Issue A Winding Up Petition For A Bounce Back Loan
This is a legitimate question to ask. The moratorium on winding up petitions...
What if I Can't Pay Back My Coronavirus Business Interruption Loan (CBILS)
Directors may worry that they may not be able to pay back CBILS loans that have...
Lloyds Banking Group Closing Companies’ Bank Accounts For Failing To Pay BBLs
In quite an extraordinary development, companies are now receiving letters from...
Personal Liability For Bounce Back Loans
Bounce Back Loans were aimed at smaller businesses and directors would not be...
How to liquidate a company
Company liquidation is when a company's assets are turned into cash. In the...
Does Liquidation Affect My Credit Rating?
This is a question we get asked a lot. It is a legitimate concern for any...
Can I issue a winding up petition?
How do I issue a winding up petition. A guide to procedure and costs of issuing...
A Guide To The Process Of Compulsory Liquidation
Compulsory Liquidation is when a company is liquidated by the official receiver...
I can't pay VAT or PAYE - Will HMRC give me time to pay?
What happens if we can't pay our VAT or PAYE bill to HMRC on time? What can we...
A guide to debt finance and refinancing
Are you running out of cash waiting for the business to make a profit or can't...
Guide to cost cutting for my company to thrive after Coronavirus
Now that we are emerging from the Coronavirus crisis it is important to keep...