A company winding up order can be a disaster but in years gone by it may have been only part of the action as the director may have ended up in Jail.
This is very rare today but can happen.
When a director loses his business through a winding up order it may seem like the end of the world, especially as that may have been the only source of income for his family.
A winding up order is not always the outcome when a winding up petition is issued.
If the director deals with the debt in a sensible manner then the judge will always want to keep the company trading. Knowing how to go about this is the key to survival.
Call TaxGone on 01302 815846 and we’ll help you to survive.
TaxGone - Company Voluntary Arrangement - CVA Specialists
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