Many companies experience cash flow difficulties and trouble getting bills paid – especially around taxation time with big VAT and corporation bills on the cards. Whatever the reason for the lack of liquidity the sudden pressure on your business could potentially damage your business.
Whatever has caused your poor cashflow one way to restore balance to the company books is a company voluntary arrangement ("CVA"). Restructure all your existing debt into a single cash amount which you can then pay off with regular monthly payments that afford you the vital space to run your business and get operations truly back on track.
Set up a CVA with a company that knows how to get the best results for you. McTear Williams and Wood can handle all the careful negotiation needed to implement all the necessary legal and accounting measures, whilst going after the best deal possible for your business.
Why choose McTear Williams & Wood?
The right facts and figures - you need the right evidence to support your claims that your company can return to profitability and meet the financial obligations of a company voluntary arrangement. We will find this information for you.
Working with creditors - it is essential that your creditors submit to the proposed schedule of repayments stipulated in a company voluntary arrangement. We will put your case to them and help explain why this course of action is in their interests.
Accountancy support - we understand how to present your accounts to your creditors in order to provide them with a fully accurate and transparent picture of your current situation.
Expert consultation - pick up our best advice on how to resolve your situation in a simple one to two hour meeting. If we do not think a company voluntary arrangement is the best for you then we will provide you with some ideas for alternative course of action.
Considering this course of action for your business? Get in touch with McTear Williams & Wood to help you out and talk through a company voluntary arrangement at our Kettering office.
We’ll talk through all the options available to you in a simple 1-2-1 appointment with one of our senior partners.