Company Liquidation in East Anglia

Do you have an insolvent business on your hands?

Can’t work out how to pay your creditors and close down your company? A CVL will allow you to effectively end your business, want to know more?  Let McTear Williams & Wood give you the facts. Call us now 0800 331 7417

Do you have enough assets and liquidity in your business to pay off your creditors? If this is the case then a Members' Voluntary Liquidation is the ideal measure to help you realise your fund and end your affairs with the company. 

 However if your business is technically insolvent, where you cannot meet the demands of your creditors, you will need a company liquidation. This is enacted through a Creditors' Voluntary Liquidation, where all your assets are dissolved in order to raise the money to pay off your debt.

It is always the case that difficult conditions have triggered your need to put a CVL in place. However it doesn’t matter if your situation was caused by money mismanagement or simple changes in the market, you are allowed to choose your own authority to handle your company liquidation. This is where McTear Williams & Wood enters the picture. With our lifetime’s experience helping companies across a wide range of business sectors we are ideally placed to assist you in achieving your ideal result.

How can we help you?

• Free initial appointment - in the first instance we provide you with a consultation session to go through all the implications and obligations necessary for a company liquidation.
• Review options for business recovery - even if you are insolvent, there may still be routes by which you can continue trading. We are able to help you understand how to close down your company and buy it back.
• Calling a creditors meeting - one of the key steps in implementing a CVL is setting up a meeting with your business’s creditors in order to pass the resolution to allow the liquidation and to confirm the choice of liquidator.
• Company liquidation - during the liquidation process McTear Williams & Wood will manage the sale of your assets, handle any legal matters and distribute funds to the creditors amongst other key responsibilities.

Why should you act now?

If you have been declared insolvent it is likely that your company’s value is rapidly depreciating. Through rapid action it is possible to ascertain the best price whilst still retaining your customers.  McTear Williams & Wood is able to provide you with a quick resolution in such circumstances.

Why not find out how a CVL could work for your business?  Arrange a free company liquidation consultation with McTear Williams & Wood at one of our offices in East Anglia and we’ll assist you in understanding the full range of implications.  Call us now on 0800 331 7417