Creditors’ Voluntary Liquidation

 

Sometimes it’s just not practical to revive a business and the best solution for all concerned is to close the doors and start again. We don’t hesitate to provide this advice if we think it’s necessary.

A Creditors’ Voluntary Liquidation (CVL) is often the most civilised, least stressful route to wind up a company. A liquidator is appointed to sell the assets of the business and to then maximise the interests of creditors.

We work with directors of companies in these circumstances to give them the softest financial landing possible and to ensure that dealings with creditors and staff are as amicable as possible.