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
My Business is failing - How can I rescue it?
If your business is failing the options open to you depend on the unique...
A guide to Director's Loan Accounts
A director’s loan account (DLA) is the record of transactions between a company...
Warning Signs of a Struggling or Insolvent Business
If you can recognise too many of the following warning signs then it is likely...
Overdrawn Director's Loan Accounts in Insolvency
An Overdrawn Director's Loan Account occurs when a director owes the company...
What is a Statutory Demand?
Have you been threatened by a statutory demand?
A statutory demand is a legal...
Can I Get Out Of A Personal Guarantee For A Company?
A personal guarantee is a guarantee by an individual, to cover, backup or...
My Business Is Making Me Depressed
What can I do if my business is making me depressed?
Depression is a mental...
How Long Does It Take To Liquidate A Company?
Liquidating a company can take anything from 14 days to 2 years. It depends on...
What is a transaction at an undervalue?
A transaction at an undervalue is referred to as s238 of The Insolvency Act...