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 a Phoenix Company And How Do They Work?
A phoenix company is a new company that rises "from the ashes" of a previously...
What about Free Liquidation?
Liquidations are common with 1000s every year. It is just an unfortunate fact...
What is the Spongebob Plan to close a business?
The Spongebob Plan
If you have an insolvent company, and cannot afford an...
The Costs of Voluntary Liquidation
Voluntary liquidation is an effective way to close an insolvent business,...
Can A Director Become Personally Liable For The Company Debt?
Generally, a director is not liable for their company's debts unless they have...
Advice if you supply British Steel
British Steel is in the process of entering compulsory liquidation under the...
Administration or liquidation for Company or LLP Law firms - Plan C
If the debts are very large, your business is no longer viable then the sensible...
Cheapest Way To Liquidate a Company
I need trustworthy insolvency advice not just offers of cheap liquidations or...
A Guide to the Process of Compulsory Liquidation and When it is Likely to Happen
Compulsory Liquidation is when a company is liquidated by the official receiver...
Guide to Liquidation Fees
Typically, when a company is in liquidation, the costs and fees of the process...
Will I get my goods as the company has gone into administration?
Unfortunately, it can happen that a business that supplies direct to the...
What Is The Difference Between Voluntary Liquidation and Compulsory Liquidation?
It’s important to understand what is the difference between compulsory and...