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
Can A Director Become Personally Liable For The Company Debt?
Generally a director is not liable for their company's debts unless they have...
What Causes Company Cash Flow Problems and How to Fix Them
Any company is likely to experience cash flow problems at some point. This is...
HMRC 7 Day Warning Letter of Enforcement by Distraint or a Winding Up Petition
HMRC will send a 7 day letter warning of enforcement action or a petition in the...
County Court Judgements (CCJ) and what you can do about them
A County Court Judgement is where an order has been made by the Court to compel...
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...
Insolvency Test for the Sole Trader
Am I, as a sole trader, insolvent?
You may think that being under cashflow...
Sole Trader Lawyers Cashflow problems
I am a very worried solicitor. My legal practice is under growing pressure from...
Sole Trader Lawyers Plan B
I am a worried solicitor practising as a sole trader; What options do I have for...
Individual Voluntary Arrangement For Partners
An individual voluntary arrangement is a formal deal between the individual...
I need help with business debts
Recognizing that you need help with business debt is the first step in ensuring...
Lawyers Partnerships Plan C
There are three options to deal with severe cashflow problems, this page looks...