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
Partnership Bankruptcy
The following guide to bankruptcy cannot be comprehensive, given that it is a...
HMRC and the CVA Process
We have heard that HMRC will not support a CVA?
Now, in 2021 that HMRC has...
Advice if you are concerned about potential business bankruptcy
Business Bankruptcy is a phrase that describes when a business cannot pay its...
What To Do If Your Business Or Company Is In Financial Trouble
If you’re struggling to meet debt payments and cashflow is suffering, don’t...
Bankruptcy and No Fault Bankruptcy - Advice for Sole Traders
Bankruptcy: a plain English guide to the bankruptcy option
Only individuals can...
My Business is failing - What are the options?
If your business is failing the options open to you depend on the unique...
Can’t pay back bounce back loan
Bounce back loans were loans that were 100% backed by the government. You could...
Company Voluntary Arrangement and CVA Voting
If a creditors meeting is to be held then the proposal is accepted if 75 percent...
Business Recovery Services and Business Rescue
Business Rescue and Recovery is a term used to describe the services and legal...
I can't pay VAT or PAYE - Will HMRC give me time to pay?
What happens if we can't pay our VAT or PAYE bill to HMRC on time? What can we...
Putting a business into liquidation in Scotland
In Scotland you need to act quickly if the business is struggling as companies...
Advantages and Disadvantages of a Company Voluntary Arrangement or CVA
The advantages of a CVA are that the Board and shareholders generally remain in...