Business Recovery & Company Closures
When the going gets tough the tough get going! There are times when businesses can experience financial difficulties and if handled with care can be brought on track. With a proactive and structured approach, we go the extra mile to help you in the time of financial distress. We have a dedicated team of specialists that can advise you on all insolvency matters including restructuring or refinancing and company closures.
DNS Business Recovery and Company Closures team has many years of experience in dealing with limited companies, partnerships and sole-trader clients. Our first priority is to recover the business from debt issues it’s facing, but if this is not possible, we seek to maximise values for all stakeholders. All initial meetings are free of charge, totally confidential and without any obligation.
Company Dissolution and Strike-off
With our fixed fee service and professional approach we ensure the striking-off process is hassle-free. Dissolution service includes all necessary compliance checks, de-registration of taxes, documents filing with Companies House and advice.
Company Voluntary Arrangements (CVA)
A CVA is an insolvency procedure that allows a fundamentally sound company with debt problems to reach an agreement with its creditors to settle all, or part of, its debts over a period of time. With our expertise we can rescue your company by reaching an agreement with your creditors that will aim to serve the best interests of them at the same time allowing your company to continue trading.
Members’ Voluntary Liquidations (MVL)
If your company is capable of paying all it’s debts within a period of 12 months or less a MVL maybe suitable. MVL is used to wind up a solvent business and all the assets are liquidated and distributed firstly to the outstanding creditors and then to the shareholders.
Creditors’ Voluntary Liquidation (CVL)
If your company does not have sufficient assets or funds to pay of debts or liabilities a CVL maybe more appropriate. CVL’s are used to wind up insolvent businesses. The process involves convening a meeting with shareholders and creditors; once they approve the company can be placed into liquidation with the help of an Insolvency Practitioner