Edinburgh Company Insolvency Help
Welcome to Begbies Traynor Group Edinburgh. We are a group of licensed Insolvency Practitioners in Edinburgh offering services to help companies with either rescue or closure options.
From our office in Edinburgh, Begbies Traynor Group is able to deliver exceptionally high quality services and advice to companies and directors facing financial difficulties. We provide expert help where it is need throughout Scotland and the rest of the UK on the basis of our nationwide network of offices.
If your business is being relentlessly pursued by creditors and your financial situation seems to be steadily or rapidly worsening, then you should call one of our experts to arrange a free consultation. We can help establish the basic facts about your circumstance and outline with clarity the options you have available as a result.
It can be difficult to avoid a sense of pessimism when your company is fighting to fend off creditors and struggling to stay afloat but it is important to remember that the choices and the decisions you make as a director really matter. Handling issues around insolvency is not easy or straightforward but with the best advice and guidance, the prospects for positive outcomes can be confidently maximised. Call us today to find out more in a confidential, free initial consultation.
We do have further offices in Scotland which are located in Aberdeen, Dundee, Glasgow and Inverness 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.
