Find out more about a company voluntary arrangement in London
No matter what has caused problems with your cashflow a company
voluntary arrangement will help you meet your
responsibilities and return to profitability
Call us now for a free consultation on 0800 331 7417
Are you suffering with cashflow? Is your valuable time as a director being eroded by constant communications with creditors, suppliers and HMRC? Do you wonder how you can pay back all your debt in the time stipulated by your obligations? If so then you are not lone as a business with many companies struggling at some point during their lifespan. What is the way out of this situation? Well one course of action is taking out a company voluntary arrangement. This allows you to consolidate all your debt into one single outstanding amount, which you will then be able to service with regular monthly repayments.
If you decide to implement a company voluntary arrangement then you will need to use the services of a registered insolvency practitioner to put your accounts into the required order and to gain your creditors consent to the terms of the proposed agreement. Is this the right course of action for you? Discuss the possibilities of a company voluntary arrangement at our London offices. Here you will be able to access the knowledge and experience of one of our expert advisors, giving you the full picture of the options available to you.
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.
Your next step
Time is critical with a company voluntary arrangement. Whilst there is still liquidity left in your business it is easier to put such an agreement in place, however if the situation is allowed to deteriorate then it may be the case that this option is no longer available to you.
Act now to achieve the best result for your business turnaround. Visit McTear Williams & Wood at our London office to discuss a company voluntary arrangement today. Call us now to set up your appointment on 0800 331 7417