Are you, your business or your client struggling with personal debt or business debt? Or looking to retire, sell, close or liquidate your company?

THE INSOLVENCY COMPANY can help.

Yes, we can help. We specialise in providing professional debt advice to Directors of limited companies.

There are a wide range of debt solutions available to limited companies, including debt recovery and debt rescue. We work with Directors to find the most suitable and economical solutions to business or company debt.

We offer a complimentary, fully confidential, no-obligation consultation to learn more about your circumstances, discuss your options and offer free advice and support. You do not need an appointment.

Not usually. The Company is a separate legal entity and holds contracts with people or companies in its own right. Unless a Director has acted outside of his authority, or has given personal guarantees, generally the Director will not be liable for the debts of the Company.

Yes we do. We offer a free, fully confidential, no-obligation consultation either in person, over the phone or via video-conferencing at a time to suit you.

During the session we will listen to you to hear more about your circumstances, talk through your available options and offer advice on the most suitable solution for you. We offer this advice for free.

Should you decide to move forward with our recommendation, we will confirm any costs involved in writing prior accepting your instructions. For business or company debt, you may be able to recover our fees from the business, at no cost to the Directors personally.

Possibly. We offer a free, fully confidential, no-obligation consultation either in person, over the phone or via video-conferencing at a time to suit you.

A Company Voluntary Liquidation (CVL) allows a company to manage their own liquidation, avoiding the stress and risk associated with a compulsory liquidation.

For businesses who act quickly while there is still cash in the company, the cost of liquidation can be funded using the company’s assets. Typical costs for a Company Voluntary Liquidation range between £4,000 and £6,000 (plus VAT and disbursements) and are dependent on a number of factors such as staff numbers, assets, total creditors.

A CVL involves stringent regulation and must be conducted by an Insolvency Practitioner. There are certain costs that are payable such as statutory advertising, insurance, agent fees (e.g. valuers), convening of creditor meetings and reporting costs.

It depends. Liquidators have a duty to obtain the best possible price for the company assets. If selling assets to the former Director, a professional valuation would be needed to show that the price offered is fair. The Liquidator is required to sell the assets for the highest offer received. If your offer is the highest then the assets can usually be sold to you.

We can help. It’s important that you take prompt action to prevent the CCJ being enforced by bailiffs. Ring or email us for immediate advice on how to protect yourself.

Yes, we can help. If bailiffs have been instructed it’s important that you act quickly. In most cases, we can speak directly with the bailiff. Once they are aware of your circumstances, they may allow us extra time so you can decide on the best course of action for your business.