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
What is an Independent Business Review (IBR) ?
An independent business review (IBR) is when the banks bring in accountants to...
What is a Statement of Affairs?
A statement of affairs (SOFA) is a structured document which provides important...
What Happens If My CVA is Rejected?
A CVA may be rejected by the creditors or shareholders for a number of reasons. ...
Are you owed money?
Does a company owe you a significant amount of money?
If so, there are a couple...
Business and Company Turnaround Advice
What exactly is business turnaround?
If you feel your business is in a rut, not...
Directors Do's and Don'ts
This is not a complete guide to the actions you should and should not take, but...
Business Rescue and Insolvency Services
Business rescue refers to strategic processes which can be taken on by...
What if we can't pay company pensions for employees and employers contributions
What if we can't pay company pensions for employees and employers contributions?...
What Is The Difference Between Liquidation And Administration?
What is the difference between liquidation and administration?
Administration...
Company Cash Flow Problems and How to Solve Them
Many companies are likely to experience cash flow problems at some point. This...
Can't Afford To Make Redundancies - Worried Directors Guide
You may need to make redundancies but cannot afford it. However, if using a CVA...