Creditors' Voluntary Liquidation (CVL)
When a company is insolvent and unable to pay its creditors as and when due or the company has simply run out of cash, it is a director’s duty to cease trading and seek advice about the options to preserve the business or discuss procedures to close the company and distribute its assets. If the company has no viable future then CVL is a process to close the business. We work in association with a trusted licensed Insolvency Practitioner (‘IP’) to undertake this process.
Fees start at around £2,500, but we will work with the IP to be able to give you a fixed quote over the phone or we are happy to arrange a meeting at your convenience. We will discuss the advantages, disadvantages and risks associated with this process and whether this is the right solution for the company.
We work in association with trusted Licensed Insolvency Practitioner's ('IP's) to undertake this process.
Don’t leave it too late, the earlier you contact us the quicker we can help.
Call us now on 07876 478319 for a free consultation.
Saluja Insolvency Solutions is authorised and regulated by the Financial Conduct Authority.
Credit Consumer Licence No: 677004
Credit Consumer Licence No: 677004
