Get the facts on a Creditors' Voluntary Liquidation in Bury St Edmunds

Discover how to close down your business with the proper
insolvency procedure and avoid personal liability
Get a free consultation from McTear Williams & Wood
Call us now on 0800 331 7417

If your company is suffering from financial difficulty then it may seem preferable to avoid the current problems rather than meeting the situation with direct action.  However, a steadfast attitude could be actually impacting your ability to seek effective advice. 

With most directors putting a tremendous amount of effort and energy into their company complications could potentially be impacting your personal and professional life.  This may be time to consider closing down your company with a creditors’ voluntary liquidation (or 'CVL'). 

Regardless of your financial situation by utilising the services of McTear Williams & Wood to help close down your company with a creditors' voluntary liquidation you can effectively end your company.  We take over proceedings and conduct a sale of your remaining assets to pay off your debts. 

Sometimes directors take the option to buy back their old company assets and use them to launch as a completely new venture, free from debt and previous liabilities.  Our expert advisors have helped several companies successfully complete this process.  Talk to our expert advisors and discuss a potential creditors' voluntary liquidation at our offices near Bury St Edmunds.  We can help you explore the best way to proceed. 

How McTear Williams & Wood can help?

  • Free initial assessment - in the first instance, we are able to offer you a consultation appointment that reviews your current situation and provide you with an overview of your choices.
  • Business recovery assessment - are you sure a CVL is the best move for your business? It may still be possible to turnaround your business and there may be better options.
  • Communicating with creditors - McTear Williams & Wood can guide you through agreeing time to pay arrangements and generally keeping creditors on side.
  • Liquidating your company - we manage the process through which your assets are realised and sold to the highest bidder to assure you of a quick and trouble free transaction.

Do you want to sell your business?

If you are looking to sell your business it is advisable to act as quickly as possible to ensure that you achieve maximum value.  Don’t run your company into the ground when suppliers and customers lose confidence in your ability to deliver, which could impact your long term reputation.

McTear Williams & Wood can give you a free consultation which will cover all your options including a creditors' voluntary liquidation at our offices near Bury St Edmunds, taking around 1 to 2 hours of your time.   Book your appointment with McTear Williams & Wood today - call now on 0800 331 7417