A creditors voluntary winding up is often necessary when the company is beyond repair. However many directors think that their company is past it when in reality it could be saved by a Company Voluntary Arrangement.
So always look at a Company Voluntary Arrangement as an option.
Some directors realise too late after they have been persuaded to agree to a creditors voluntary winding up, ie – liquidation, that they could have preserved their business and be thousands of pounds better off.
If you want to compare your options then Call TaxGone on: 01302 815846.
A creditors voluntary winding up will cost from £3,500 plus vat whilst a CVA may cost you nothing.
TaxGone - Company Voluntary Arrangement - CVA Specialists
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