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
Business and Personal Objectives in Insolvent Situations
Is your Business Insolvent? How to establish your objectives in such...
Disbursements in a Members Voluntary Liquidation
A Members Voluntary Liquidation (MVL) can only to be carried out by a licensed...
Making Employees redundant in a CVA
It is possible to make staff redundant at no cost to the business by going into...
What is a Statutory Demand?
Have you been threatened by a statutory demand?
A statutory demand is a legal...
Insolvency Advisors? Know who you are dealing with!
It should be remembered that there is less legal protection for businesses than...
Can't Pay Corporation Tax Bill
Corporation tax is due on the profits of the business. If you can't pay the...
Compliance with Tax and VAT
All seems to be going well in your business, sales and turnover are up, the cash...
What if I can't pay my employees wages?
The workforce is the lifeblood of any company and if you are facing a situation...
What is a Statement of Affairs?
A statement of affairs (SOFA) is a structured document which provides important...
What is an Independent Business Review (IBR) ?
An independent business review (IBR) is when the banks will put in accountants...
What is a Company Voluntary Arrangement with Hive
When meeting directors they usually like the option of a Company Voluntary...
Company Voluntary Arrangement plus Hive Down
A CVA and Hive Down is a process where a separate company is formed to bid for...