How We Close Your Company Safely

When a Director needs to cease trading, Insolvency Solutions will effect a safely managed closure, by careful and positive management of a Creditors Voluntary Liquidation [CVL].

With a Safely Managed CVL we keep you in control, as Director, but act on your behalf to handle all such key matters as HMRC, Bank, Landlord, Trade Creditors, Customers, Sale, or Retention, of Assets and Debtor Collections. We review company financials with you to ensure regularity and avert any personal liabilities and we arrange appointment of a helpful Liquidator.

Protecting You As Director

Protection of client Directors from personal liability is the first priority of Insolvency Solutions. Before actioning a CVL, we will identify your vulnerability to such claims as wrongful trading, overdrawn directors account or personal guarantees and work with you to remove and prepare to challenge any claims.

Appointing a Helpful Liquidator

All statutory aspects of a Creditors Voluntary Liquidation will be undertaken by a colleague Licensed Insolvency Practitioner, who will circulate Creditors for a meeting to approve appointment of the Liquidator. Normally this will be a Virtual Meeting, conducted purely by telephone with no need for a Physical meeting.

Immediate Holding Action

While awaiting formal appointment of the Liquidator Interco acts immediately as the company’s Closure Manager to defend any hostile action. We become the contact point for Creditors, in your place, act as a Collections manager with Debtors and handle any pressing Customer needs to complete Work In Progress.