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Lines open Mon - Fri 8am - 8pm

HomeHome Is Liquidation right for youIs Liquidation right for you How to Liquidate a Company SuccessfullyHow to Liquidate a Company Successfully The Next Step…The Next Step…

Alternatives to Liquidation

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Finding the right Insolvency Solution for you…

Although it may not seem like it, as a Director of a limited company, you

have options in front of you despite your business being Insolvent. It

helps if you have an over-view of all the options available, so you can have

a better idea of the best path forward for you, and understand the terms

advisors use before picking up the phone.

Your Company has a short term cash (1 year or so) flow issue

A Company Voluntary Arrangement is a way for your company to pay

back it’s debts at an affordable monthly figure. It is not intended to be a

way of solving very serious cash flow problems, but if you have an

otherwise profitable business then your creditors may agree to accept a

Voluntary Arrangement (and usually write off a chunk of their debt) on the

basis that in the long term it will be more profitable for them than

Liquidation would be.

If your Company has a long term cash flow problem

If there is just no way you can sensibly pay off a reasonable amount of

your debt (more than 30% over 5 years) and continue to trade then

Voluntary Liquidation is the path for you. The Company closes, and the

creditors receive a payment (dividend) from the sale of assets (if there are

any). This is by far the most popular solution for an Insolvent

Company. There can usually start up a new company and trade again

within a very short period of time.

If you don’t owe that much money and have few assets.

You may want to look at Dissolution as a path forward. If approached in

the right way, it can be as powerful as Liquidation. Despite the myths,

HMRC has supported Dissolution as an Insolvency solution since

2013, provided it is done correctly.

It is a lot lower cost that Liquidation and on lower debt levels works very

effectively.

Administrative Receivership

You may have heard of Administration or Administrative Receivership, but

it is not a solution to Insolvency in it’s own right. It is a process of

protecting a company from any legal action, whilst an Insolvency

Practitioner decides on the best way forward. As it is such a powerful

mechanism to protect a company, it is quite restrictive on who can have it,

so if you are even thinking about it, you need to be talking to us to make

sure of all the legal implications.

How can we help

Unlike other Liquidation Companies, our entire service is geared

towards helping you as much as possible, without breaking the law .

Our clients find that they:

Have dealt with any issues prior to the meeting of creditors.

Have a headache free Liquidation.

Never need us again.

Can relax, safe in the knowledge we have everything covered.

Make a fresh start today and call 0800 612 94 78

2 TweetTweet 36

19LikeLike ShareShare ShareShare 4

19LikeLike ShareShare ShareShare 4

Learn more about...Learn more about...

Advantages of Liquidation

How to Liquidate a

Company Successfully

Call

0800 612 94 78

so you can

make a

fresh start

today

What our Clients sayWhat our Clients say

I can’t believe I kept

struggling for so long.  If I’d

known about Zennet

Solutions earlier I would

have had a lot less stress.

Mark W, Management

Consultants, Telford

© Zennet Solutions Limited 2014© Zennet Solutions Limited 2014We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OkOk

Generated with www.html-to-pdf.net Page 1 / 2

//Privacy PolicyPrivacy Policy //Cookie PolicyCookie Policy //Contact usContact us

Confidential Advice Line: 0800 612 94 78Mobiles call 0330 088 11 32

Lines open Mon - Fri 8am - 8pm

HomeHome Is Liquidation right for youIs Liquidation right for you How to Liquidate a Company SuccessfullyHow to Liquidate a Company Successfully The Next Step…The Next Step…

Alternatives to Liquidation

2 TweetTweet 36

Finding the right Insolvency Solution for you…

Although it may not seem like it, as a Director of a limited company, you

have options in front of you despite your business being Insolvent. It

helps if you have an over-view of all the options available, so you can have

a better idea of the best path forward for you, and understand the terms

advisors use before picking up the phone.

Your Company has a short term cash (1 year or so) flow issue

A Company Voluntary Arrangement is a way for your company to pay

back it’s debts at an affordable monthly figure. It is not intended to be a

way of solving very serious cash flow problems, but if you have an

otherwise profitable business then your creditors may agree to accept a

Voluntary Arrangement (and usually write off a chunk of their debt) on the

basis that in the long term it will be more profitable for them than

Liquidation would be.

If your Company has a long term cash flow problem

If there is just no way you can sensibly pay off a reasonable amount of

your debt (more than 30% over 5 years) and continue to trade then

Voluntary Liquidation is the path for you. The Company closes, and the

creditors receive a payment (dividend) from the sale of assets (if there are

any). This is by far the most popular solution for an Insolvent

Company. There can usually start up a new company and trade again

within a very short period of time.

If you don’t owe that much money and have few assets.

You may want to look at Dissolution as a path forward. If approached in

the right way, it can be as powerful as Liquidation. Despite the myths,

HMRC has supported Dissolution as an Insolvency solution since

2013, provided it is done correctly.

It is a lot lower cost that Liquidation and on lower debt levels works very

effectively.

Administrative Receivership

You may have heard of Administration or Administrative Receivership, but

it is not a solution to Insolvency in it’s own right. It is a process of

protecting a company from any legal action, whilst an Insolvency

Practitioner decides on the best way forward. As it is such a powerful

mechanism to protect a company, it is quite restrictive on who can have it,

so if you are even thinking about it, you need to be talking to us to make

sure of all the legal implications.

How can we help

Unlike other Liquidation Companies, our entire service is geared

towards helping you as much as possible, without breaking the law .

Our clients find that they:

Have dealt with any issues prior to the meeting of creditors.

Have a headache free Liquidation.

Never need us again.

Can relax, safe in the knowledge we have everything covered.

Make a fresh start today and call 0800 612 94 78

2 TweetTweet 36

19LikeLike ShareShare ShareShare 4

19LikeLike ShareShare ShareShare 4

Learn more about...Learn more about...

Advantages of Liquidation

How to Liquidate a

Company Successfully

Call

0800 612 94 78

so you can

make a

fresh start

today

What our Clients sayWhat our Clients say

I can’t believe I kept

struggling for so long.  If I’d

known about Zennet

Solutions earlier I would

have had a lot less stress.

Mark W, Management

Consultants, Telford

© Zennet Solutions Limited 2014© Zennet Solutions Limited 2014We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OkOk

Generated with www.html-to-pdf.net Page 2 / 2