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
Are Directors Liable For The Debt In A Limited Company?
Generally, a director is not liable for their company's debts unless they have...
Does Liquidation Affect My Credit Rating?
This is a question we get asked a lot. It is a legitimate concern for any...
Directors duties & responsibilities in Insolvency and Liquidation
Know the duties of directors in companies. These duties can change once the...
Can I liquidate my company if it is solvent?
Often we hear of liquidation for insolvent companies, by forms of compulsory...
The Costs of Voluntary Liquidation
Voluntary liquidation is an effective way to close an insolvent business,...
What does a liquidator do?
Once a liquidator is officially appointed, they are in charge of closing down...
Company Liquidation Process
Company liquidation is when a company's assets are turned into cash. In the...
What Is The Difference Between Voluntary Liquidation and Compulsory Liquidation?
It’s important to understand what the difference is between compulsory and...
What happens to me if the company goes into voluntary or compulsory liquidation?
What happens to me if the company goes into voluntary or compulsory...
What Is The Difference Between Liquidation And Administration?
What is the difference between liquidation and administration?
Administration...
Football Creditors Rule
If a football club in the League faces an insolvency process such as a winding...
Who are Preferential Creditors?
A preferential (or preferred) creditor refers to a creditor who has the right to...