Guides for directors
Understand your options before you need them.
Practical guidance on insolvency, restructuring and closing a company, written by our licensed insolvency practitioners.
Liquidation What is a CVL? A guide for UK company directors A Creditors' Voluntary Liquidation is the most common insolvency procedure in the UK. Here is what directors need to know about the process, their duties and what to expect. 
Liquidation MVL vs dissolution: which is right for my company? When closing a solvent company, directors must choose between dissolution and an MVL. The right choice depends on the level of assets and the tax implications for shareholders. 
Director advice Director duties when a company is insolvent: what you need to know Directors of insolvent companies face specific legal obligations. Understanding these duties is critical to avoiding personal liability and potential disqualification. 
CVA What is a Company Voluntary Arrangement (CVA)? A CVA is a business rescue tool that allows a company to reach a binding agreement with creditors while continuing to trade. Here is how it works. 
Director advice Warning signs your business may be insolvent Recognising the early warning signs of insolvency is critical. The sooner directors take action, the more options are usually available to protect the business and its stakeholders. 
Tax and finance How to close a company tax-efficiently using an MVL An MVL can offer significant tax advantages over dissolution when closing a solvent company. Here is how the process works and what directors need to consider. It starts with one conversation.
The first chat is free and confidential, with no obligation. Half an hour with a licensed insolvency practitioner costs you nothing, and getting advice early usually means more options are open to you.