Company debt

Is your company in debt?  If you could do a deal on your historic debt, even HMRC debt, would that improve things for you?

If so, visit cva.expert and we'll show you how your business can survive and prosper.

Cva.expert

Insolvency Definition

There are many an insolvency definition that suits an inquirer.

For a director it is probably the time at which a director has to tell his family that there is a problem at work!

This is when the booked holiday can’t be paid for or the extension finished or even the mortgage can’t be paid.

This is the result of an insolvency definition in action.

It is when you can’t pay the bills on time and have run out of things to sell. Ouch!

If you think that your business falls into the insolvency definition category then call TaxGone on: 01302 815846 and we will see if there is enough time to put the clock back.

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Frozen Bank Account

A frozen bank account can leave you cold!

You probably never thought that it could happen and you probably never took precautions in case it did.

If the frozen bank account was as a result of an advertised winding up petition, then we can help you.

We can assist you in applying for a validation order that will allow you to access your funds for various purposes.

This will keep your company trading whilst you decide the next course of action for dealing with the winding up petition.

If your frozen bank account is giving you grief then call TaxGone on: 01302 815846 and we’ll try to make life so much simpler for you.

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Insolvency Consultant

Most people will not remember the simple pleasure of a long walk on a seafront. Certainly most will never have known anyone dressing up to have the walk.

Times have changed.

But some things remain the same. An insolvency consultant can really understand your business and especially so if it has a cash flow problem.

Technology may have changed businesses beyond recognition but the problems are the same and many of the solutions have been around for 30 years.

However, as any good insolvency consultant will tell you, liquidations have been sold far too often to directors when the business could actually have been saved.

Call an insolvency consultant from TaxGone today on: 01302 815846 and we’ll show you how to save your company that will allow you to de-stress and take a little time out to smell the roses or even the sea air.

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Thinking About Appointing A Liquidator

There are over 50 directors a day that are appointing a liquidator,  you are not alone. The decision may be based on their accountant’s advice or that of a friend. But there is no doubt that wherever the advice did come from, the decision was not an easy one.

Appointing a liquidator is one of those very simple tasks that can have a complicated outcome for a director. There are always pieces missing out of a jigsaw and those pieces are really the bits you need in order to see the full picture.

The missing jigsaw pieces are probably those that can complicate your life. One piece may be related to what the vat will do on your next company, the other may be related to a director’s loan account, whilst the third missing piece may be about dividends.

These are key pieces that you should have been given before appointing a liquidator. Without these missing pieces it is very likely that you will be in a worse position after appointing a liquidator than before.

Appointing a liquidator is simple. Dealing with the fallout of a liquidation can be difficult. Talk to TaxGone today on: 01302 815846 and we’ll take you through what a liquidation means for your situation.

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Company Debt Problems Help

Feeling trapped by your business debts can be soul destroying, a business is supposed to increase an owners net income not reduce life expectancy. However, when company debt problems arise this is often what happens.

If  directors become more aware of the huge benefits of Company Voluntary Arrangements, the numbers would triple in a year. Any company with a cash flow problem has the potential to be rescued by a Company Voluntary Arrangement.

If your company has a viable future, but current cash flow problems have resulted in mounting pressure from creditors, then a Company Voluntary Arrangement could be just what you need.

Its a low cost insolvency solution that saves businesses and as the company is not closed, the directors are not subject to a liquidator’s investigation into whether they allowed the business to trade on whilst insolvent.

Speak to TaxGone today about the benefits of a Company Voluntary Arrangement and if it’s the right solution for your company debt problems.

 

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Business Going Bankrupt

A bankrupt business can appear from nowhere. Just walking down your local high street and you’ll no doubt find heaps of boarded up shops and outlets, some still littered with their last days closing down sale banners.

You may be running a bankrupt business right at this moment. You may not know what to do.

You could put your business into voluntary liquidation or you could save it. It’s your choice.

We would like to save your bankrupt business because that’s what we do.

We’re company rescue and will talk you through all the options available to you, so call TaxGone on: 01302 815846 and see what we can do for you.

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