Peterborough Company Insolvency Help
Welcome to Begbies Traynor Group Peterborough. We are a group of licensed Insolvency Practitioners in Peterborough offering services to help companies with either rescue or closure options.
Welcome to our Peterborough office – Begbies Traynor Group is the UK’s leading provider of advisory services and support to companies in financial distress.
We offer one-to-one confidential advice and guidance to directors or companies who face an uncertain future and the prospect of being forced into insolvency. Our team in Peterborough is comprised of hugely experienced insolvency practitioners, as well as business recovery and rescue experts.
It is always the aim of our teams, whether in Peterborough or anywhere else, to provide the clearest possible advice where it is needed most. We work closely with individual directors to help them understand as fully as possible all the options available in a given situation. With more than 30 years of experience in the field, we at Begbies Traynor Group understand just how challenging it can be to lead a company in financial crisis and we always have that very much in mind.
To arrange a consultation with one of our local specialists, call our Peterborough office directly. We can meet with you at our office or at any other location of your choosing. The aim of this meeting will be to get a general sense of the problems you’re facing and to outline some of the solutions that might help you move your situation forward.
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.
