How can we help you and your business?

Here at Insolvency Help we specialise in advising company directors in time of financial distress on solutions such as liquidation, administration, and other critical business rescue arrangements

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Helping you close down your company

Closing down your company can be quite an overwhelming process, especially if certain debts are unpaid. We can assist with both solvent and insolvent company closures.

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Managing your debts

Having a long list of creditors can make decision making very difficult. Knowing how and when to pay them is a key aspect of running a business. With our help you can manage these debts.

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Assistance with your Bounce Back Loan

The Government Backed Corona Virus Support Scheme left a lot of businesses wondering - how can I pay this debt if my company did not manage to get back on track? Fortunately we can help

The type of debts your company might be facing

As a limited company director, you may be facing intense pressure from creditors, particularly HMRC. Company debts can take many forms and we specialise in advising directors on a range of debt-related issues.

Most common questions regarding insolvency

What will happen to me as a Director? Will I have to pay all the debts myself? Can I open another Company?

What are the main Insolvency Procedures?

You might have heard terms like liquidation, company administration, insolvency practitioner, and many more. But what do they mean and what might be the best insolvency procedure for your company?

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LIQUIDATION (CVL)

Creditor’s Voluntary liquidation is a legal process that “winds up” an insolvent company by selling assets and property to repay debts. By the end of the voluntary liquidation process, the company will stop trading and will cease to exist.

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ADMINISTRATION

Company administration is a formal procedure in which an insolvency practitioner is appointed to act as the administrator of an insolvent company with the goal of bringing about a recovery and chance of rescuing the business.

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CVA​

When a struggling business appears to be viable with the prospect of becoming profitable again, and the directors are willing to continue, a company voluntary arrangement (CVA) may be an ideal way to protect against legal actions.

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MVL

A member’s voluntary liquidation, also called a MVL, is a the process of closing down a solvent company in a cost-effective way. This process is more tax-efficient that simply closing down your company via a strike-off and taking out the assets as dividends.

briefcase.svg

LIQUIDATION (CVL)

Creditor’s Voluntary liquidation is a legal process that “winds up” an insolvent company by selling assets and property to repay debts. By the end of the voluntary liquidation process, the company will stop trading and will cease to exist.

briefcase.svg

ADMINISTRATION

Company administration is a formal procedure in which an insolvency practitioner is appointed to act as the administrator of an insolvent company with the goal of bringing about a recovery and chance of rescuing the business.

briefcase.svg

CVA​

When a struggling business appears to be viable with the prospect of becoming profitable again, and the directors are willing to continue, a company voluntary arrangement (CVA) may be an ideal way to protect against legal actions.

briefcase.svg

MVL

A member’s voluntary liquidation, also called a MVL, is a the process of closing down a solvent company in a cost-effective way. This process is more tax-efficient that simply closing down your company via a strike-off and taking out the assets as dividends.

briefcase.svg

LIQUIDATION (CVL)

Creditor’s Voluntary liquidation is a legal process that “winds up” an insolvent company by selling assets and property to repay debts. By the end of the voluntary liquidation process, the company will stop trading and will cease to exist.

briefcase.svg

ADMINISTRATION

Company administration is a formal procedure in which an insolvency practitioner is appointed to act as the administrator of an insolvent company with the goal of bringing about a recovery and chance of rescuing the business.

briefcase.svg

CVA​

When a struggling business appears to be viable with the prospect of becoming profitable again, and the directors are willing to continue, a company voluntary arrangement (CVA) may be an ideal way to protect against legal actions.

briefcase.svg

MVL

A member’s voluntary liquidation, also called a MVL, is a the process of closing down a solvent company in a cost-effective way. This process is more tax-efficient that simply closing down your company via a strike-off and taking out the assets as dividends.

John M. - Ltd Director
John M. - Ltd Director
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Working with the team from Insolvency Help was the best choice for me and my company. After one year, my company has been fully wound up and the debts wiped out.
Andrezj
Andrezj
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Very happy with the services! All documents were translated and explained in my own language.
Andrew Nell
Andrew Nell
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Worked with Michael - recommended me a CVL. Old company is dissolved and I managed to open a new one. Very happy with them!
Mahmood R.
Mahmood R.
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My kebab shop was closed down during the pandemic so I had to take out the Bounce Back Loan. Fortunately Insolvency Help managed to close down my company, with minimal costs.
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Feel free to either reach us directly via phone or email or submit a consultation form, detailing your situation and one of our team members will get back to you as promptly as possible.

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Insolvency Help Experts Contact Info

OFFICE HOURS

Monday – Friday
9AM – 6PM

LOCATION

152-160
City Road
London, EC1V 2NX

Latest Insolvency news that all Company Directors should read!

A comprehensive library of useful articles, guides, tips and advice for company directors.
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Our licensed insolvency practitioners provide industry-leading advice to directors.

If your business is facing financial difficulties, it can be hard to know what to do and where to turn. We specialise in helping company directors navigate this minefield.  We have a team of professionals who have seen pretty much all there is to see in terms of business problems.

If your limited company is currently struggling with meeting its financial obligations, the most important thing to remember is that you are not alone. In fact over one million businesses in the UK experience financial related issues or struggle with paying their taxes every year. No matter how serious you feel the problem is, there is no situation we haven’t seen before, so you can rest assured that there is a solution for you with us.

We appreciate that every business is different, and each industry comes with its own unique challenges. This is why we take the time to understand the background to your problems to help devise a plan of action that works for both you and your company.

Something as important as the future direction of your business requires thorough discussion and careful consideration of all available options. Some company owners want to rescue their business, while others would rather look at exit strategies.  Whichever route you are looking to take, we can provide you with the expert help and guidance you need to achieve this.

As well as offering industry-leading advice to directors of insolvent companies, we also provide a comprehensive advisory suite of services to directors, shareholders, and stakeholder alike. These include restructuring and turnaround options such as working capital management and corporate simplification, as well as specialist advisory offerings including debt advisory and contingency planning.