The Enterprise Act 2002 streamlined procedures for Administration, Company Voluntary Arrangements (CVAs) and Administrative Receivership, any of which could be utilised if a limited company is still capable of trading. We can advise the Insolvency Practitioners appointed or the creditors, directors and shareholders involved.
But what if there really is no choice but to wind up the affairs of a limited company? There are two types of liquidation; compulsory and voluntary and two types of voluntary liquidation; members or creditors. Again, we can advise the Liquidator appointed or the creditors, directors and shareholders concerned.
Compulsory liquidation is by order of the Court and we can assist with the process, prepare the Statutory Demand, Petition and advertisement and ensure all the formalities are dealt with and represent you at the Court hearing.
For further information, please contact Justin Sadler or Martin Reynolds who both have extensive experience working with insolvency practitioners across the Thames Valley region. By telephone on; 0118 958 9711 or email to [email protected] or [email protected].