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
Warning Signs of a Struggling or Insolvent Business
If you can recognise too many of the following warning signs then it is likely...
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How to buy businesses in administration from an administrator or liquidator. ...
What is a Validation Order?
My bank account has been frozen and I have been told I need a validation order...
What is Balance Sheet Insolvency? Is there a test for it?
Balance sheet insolvency is when a company’s total liabilities outweigh its...
My Business is failing - What are the options?
If your business is failing the options open to you depend on the unique...
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Compulsory Liquidation is when a company is liquidated by the official receiver...
Late Payment of VAT and Debt Management
Paying VAT late will result in a penalty, known as a "default". If your...
Need to Make Redundancies?
Do you need to make a member(s) of your staff redundant after furlough or...
How to terminate leases in a CVA
Using a company voluntary arrangement (CVA), companies can exit non performing...