Glasgow Company Insolvency Help
Welcome to the Glasgow office of Begbies Traynor Group – a leading professional services form. We provide independent advice and solutions across a broad spectrum of areas including corporate and personal insolvency, restructuring, corporate finance, transaction services, forensic services, pensions advisory, capital management, real estate advisory and commercial funding.
Our Glasgow office is one of an extensive network of offices across the UK, including five offices in Scotland. Headed up by Regional Managing Partner, Ken Pattullo, our Glasgow office serves company directors, sole traders, investors, and landlords, providing expert advice and strategic planning across a broad spectrum of areas.
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.
