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
Employee Rights in Administration or Insolvency
A guide to help employees whose company has gone into administration. Find out...
What is the Enterprise Finance Guarantee Loan?
The Enterprise Finance Guarantee Loan (EFG) is a loan guarantee scheme to...
Business Angel Investors v Venture Capitalists
It is a common confusion for people, regarding Venture Capitalists and Business...
Crowdfunding, what is it? what are the advantages and disadvantages?
What is it?
Funding of projects or ventures, debts included – by the raising of...
Partnership Voluntary Arrangement or PVA
A PVA is formal arrangement between creditors and the partnership, allowing a...
Peer-To-Peer Finance
Peer-to-peer (P2P) finance, also known as crowdlending or social lending, is...
What is an Overdraft?
An overdraft is when you enter 'negative terriotory', of your bank account. It...
A guide for redundant employees
I've been made redundant due to my employer entering CVA, receivership,...
Can't Afford To Make Redundancies - Worried Directors Guide
You may need to make redundancies but cant afford it. However if you use a CVA...
Lawyer Partnership Cashflow Problems
If you are practicing as a partnership you are of course jointly and severally...
Lawyers Partnership Plan A
Cleary, any risk of insolvency or cashflow problems is heightened by the lack of...