Chester Company Insolvency Help
Welcome to Begbies Traynor Group Chester. We are a group of licensed Insolvency Practitioners in Chester offering services to help companies with either rescue or closure options.
At Begbies Traynor Group we pride ourselves on delivering advice that helps and provides clarity where it is needed most for both individuals and organisations facing financial distress. There will not be easy answers or solutions but there will be options and important choices to make.
You need people you can rely on and whose expertise you can trust. You can call our Chester office to arrange a free initial consultation today.
We do have further offices in the North West region which are located in Blackpool, Liverpool, Manchester and Preston which you may find more convenient for you.
A Members’ Voluntary Liquidation (MVL) is a formal company closure process for solvent companies. Although liquidation is often associated with insolvent companies, this route is designed for healthy, cash-rich businesses with a substantial amount of retained profits. The MVL process consists of distributing funds in a cost-efficient manner to shareholders, and if eligible, you may be able to access Business Asset Disposal Relief, formerly known as Entrepreneurs’ Relief. If you can settle liabilities within 12 months and your business consists of £25,000 or more in retained earnings, an MVL may be the route forward.
