Corporate Insolvency

Administration

When Appointed Administrator, the affairs, business and property are managed by the Office Holder who acts as agent of the respective company without personal liability. Administration is a useful procedure for companies which appear to…

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Creditors Voluntary Liquidation (CVL)

The CVL procedure is the most popular mechanism for closing down and winding-up a company that is insolvent and is unable to meet its liabilities as and when they fall due. The procedure is used…

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Members Voluntary Liquidation (MVL)

An MVL takes place when the director(s) swear a statutory declaration stating that the company has sufficient assets to be able to pay all of its creditors in full (together with all costs and statutory…

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Company Voluntary Arrangement (CVA)

A CVA is a legally binding agreement between a company and its creditors. It is often in the best interests of an insolvent company’s creditors and can allow the company to continue trading under the…

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Compulsory Liquidation

Compulsory liquidation occurs when the Court issues a winding-up order, formally requiring a company to be wound up. This order is typically made following a petition presented by an authorised party, most commonly a creditor…

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HMRC Time to Pay

If your business is struggling to meet its tax payments, Valentine & Co can help you assess your position and work with you to seek a manageable Time to Pay arrangement with HM Revenue &…

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Winding-Up Petition Advice

We provide advice and support to businesses that have been served with a winding-up petition. We can assess the circumstances, discuss the options available and help directors understand the most appropriate course of action. This…

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