The three formal insolvency options available for a Limited Company are:
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.
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 licensed Insolvency Practitioners of Neville & Co are appointed Administrators over the company.