Preston Company Insolvency Help
Welcome to the Preston office of Begbies Traynor Group. We are a leading professional services consultancy, providing independent expert 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.
Whether you are looking to acquire a new company, accelerate growth in your current venture, restructure an overly complex corporate structure, need insolvency advice, or require property management services, Begbies Traynor Group have you covered.
No matter what your current situation is, our objective is resolute – to secure a positive outcome in an efficient, effective and timely manner for all stakeholders.
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.
