If your company is struggling then it can be tempting to put off addressing the problem in the hope that something will come along. Often the pressures and obligations of being a company director can take their toll both personally and professionally. In such situations a Creditor’s Voluntary Liquidation (CVL) gives you full control over the situation.
Whether your company is technically insolvent or simply struggling to meet the demands of creditors, a CVL will help you effectively discharge your responsibilities. Assets are effectively liquidated to pay off your company’s outstanding liabilities often by a sale of the business and assets as a going concern. Some directors choose to repurchase their business and restart as a new enterprise, free from the constraints of the previous incarnation. McTear Williams & Wood has a team of experts well versed in this process, helping dozens of businesses find a new lease of life.
Meet with us to discuss your creditors voluntary liquidation in Norwich, at our local offices and you may discover you have more options than you think.
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 company voluntary liquidation in Norwich, taking around 1 to 2 hours of your time.
Book your appointment with McTear Williams & Wood today - call now on 0800 331 7417