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 will put in accountants to...
What is a Prescribed Part?
A prescribed part is the part of the proceeds from realising the assets covered...
Can't Pay Corporation Tax - Worried Directors Guide
Corporation tax is due on the profits of the business. If you can't pay...
I Have Received A High Court Writ…What do I do?
What is a High Court Writ?
A High Court Writ is a formal written order by the...
What are the consequences of a winding up petition?
A winding up petition is when a creditor, who is owed more than £750, puts...
Bankruptcy and No Fault Bankruptcy - Advice for Sole Traders
Bankruptcy: a plain English guide to the bankruptcy option
Only individuals can...
Resigning As A Director Of An Insolvent Company?
Resigning as a director of a company
Directors resign all the time, for various...
Directors Duties in Insolvency and Liquidation
Know the duties of directors in companies. These duties can change once the...
How Do You Get A Winding Up Petition Dismissed Or Adjourned?
In order to dismiss a winding up petition you will need to instruct a lawyer to...
Pre pack Administration Rules and Procedures
A pre pack administration process is where the assets of the company are...
What Is The Difference Between Liquidation And Administration?
The difference between administration and liquidation
Administrations and...
What Is The Difference Between Voluntary Liquidation and Compulsory Liquidation?
It’s important to understand what is the difference between compulsory and...