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
How To Stop a Winding Up Petition On My Company
You can prevent a winding up petition being served on your business if you act...
A guide for redundant employees
I've been made redundant due to my employer entering CVA, receivership,...
How to terminate leases in a CVA
Using a company voluntary arrangement (CVA) companies can exit non performing...
Starting A New Company Post Liquidation - A guide for directors
Is it legal to start up another company as a director whilst being a director of...
How To Wind Up A Limited Company
A winding up order means the limited company assets will be liquidated by the...
Overdrawn Director's Loan Accounts in Insolvency
An Overdrawn Director's Loan Account occurs when a director owes the company...
Wrongful trading and fraudulent trading: What’s the difference?
Wrongful trading is where an insolvent company has continued to trade in a way...
What is a transaction at an undervalue?
A transaction at an undervalue is referred to as s238 of The Insolvency Act...
Has Promontoria Bought Your Business Debt?
Who is Promontoria?
If your company, LLP or partnership once borrowed money...
What Happens If I Pay Corporation Tax Late - Are there Penalties?
What is corporation tax?
Corporation tax is the tax companies are required to...
What is a Statutory Demand?
A statutory demand is a written claim for a debt against a company or...