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A Local Business Supporting Local Businesses in Devon, Cornwall and Somerset
We are licensed Insolvency Practitioners and have over 30 years experience in Business Rescue, Recovery and Liquidation. We offer a free, confidential initial meeting and advice.
How can we help you?
Neville & Co help the Directors lodge a notice of intention to appoint Administrators with the Court and send notices to any bank or third party with a debenture. Once the notice period has passed licesed Insolvency Practitioners of Neville & Co are appointed Administrators over the company.
There are three types of liquidation procedures we offer advice on to Directors:
- Creditors Voluntary Liquidation
- Compulsory Liquidation
- Members Voluntary Liquidation
We can explain the pros and cons of each procedure and which is best suited to you in the current circumstances.
Broadly speaking a Company Voluntary Arrangement (“CVA”) is a legally binding contract between the company and its creditors where the owners want to save the business but cannot afford to pay all of the debts due now.
Broadly speaking an Individual Voluntary Arrangement (“IVA”) is a contract between the individual debtor and their creditors.
Bankruptcy is a procedure available for insolvent individuals who cannot pay their debts.
We understand that personal debt and financial challenges can be difficult. We offer expert advice and will help you find the best solution. We have an information and FAQ area where many of your questions have been answered.
If a partnership or one of the partners is facing financial difficulties there are a few options available that we can discuss with the partners.
Sometimes the owners of businesses, whether that business be a partnership, a limited company or a limited liability partnership, fall into dispute. If you are having problem contact us for help.
A Members’ Voluntary Liquidation (MVL) is the voluntary liquidation process available to solvent companies.
What we offer…
We are based in Plymouth and St. Austell (not a call centre with an anonymous number) and have been in practice here since 2002. I am a licensed insolvency practitioner. If your business is facing financial problems I can help you with clear and impartial advice on your options.
I can discuss with you the pros and cons of liquidation, company voluntary arrangements, administration or whether a time to pay agreement is more appropriate. All information given to me is confidential and I will do the best I can to help.
Professional financial advice for your business
We can provide you with immediate business support. If you’re based in Plymouth or Cornwall, our offices are close by and we offer a free, confidential initial meeting. Access free business recovery advice through our new YouTube channel and Free Guides. Download our Useful Documents for even more Business Rescue and Liquidation support.
Get in touch with us today and meet with us for free:
The sooner we are consulted the sooner we are able to assist you in finding a way through the business difficulties you are facing. The later it is left, the fewer the options will be. The best time to consult is as soon as any financial difficulties become apparent.
As licensed Insolvency Practitioners we have helped over 1,000 business steer a route through their financial problems. Understanding what insolvency means for your business can be daunting and we appreciate that you will have a lot of questions and concerns.