Insolvency Toolkit for Directors

Published on : 2nd August, 2017
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Worried about your business? Concerned it may be failing? Need help fast but don’t want to meet anybody face to face yet? Get all of our best guides and expert advice on one USB Drive FREE!

This toolkit is available as a discreet USB device ( we do not mention insolvency on the drive itself ). You do not need to be connected to the internet to read all the guides to your options.

What does it cover?

  • The tests for insolvency
  • Establishing if your business is viable.
  • How to ask for time to pay your debts to HMRC
  • Extensive guides on pre pack administrations, liquidation, company voluntary arrangements.
  • A guide to all the legal actions that creditors might take and the issue of personal liability.
  • What is an overdrawn directors account and why does it matter.
  • How to raise finance to ease cashflow pressure.
  • Your duties as a director of an insolvent company.

Just plug in the drive and you can easily navigate to all the menus.

The USB drive also includes

  • Dissolution programme with all the letter templates and resolutions.
  • A time to pay programme with all the letters and information needed to ask HMRC for more time to pay VAT/PAYE
  • Daily cashflow spreadsheet to help you budget.

Order your free toolkit and start taking action to save your business now. Please email robertm@ksagroup.co.uk to receive your complementary copy in the post.

You can also request our FREE 80-page guide for worried directors here. We answer any questions you may have and provide detailed explanations on several insolvency issues.

Shoe Chain Wynsors Looking At A CVA

in A guide for redundant employees in administration or insolvency situations Notice of Intention to Appoint Administrators

Investment firm Modella Capital has reportedly briefed staff on plans for a Company Voluntary Arrangement (CVA) for its recently acquired budget footwear chain, Wynsors World of Shoes, just six months after purchasing it.The restructuring plan is expected to seek rent cuts at 36 of the chain's 47 Northern England stores. It may also lead to select store closures, the shutdown of two distribution centres, and potential job losses for up to a quarter of Wynsors' 400 employees.Modella targets distressed UK retail businesses. While it successfully turned around Hobbycraft, other recent acquisitions—such as Claire’s UK and The Original Factory Shop (TOFS)—collapsed within months of purchase. The firm also owns TG Jones (formerly WH Smith), which is considering store closures, and recently bought Flying Tiger.

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Shoe Chain Wynsors Looking At A CVA

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