Menu
Menu
Fully qualified and licensed insolvency practitioners that know how to handle your case.
Hire us to do it safely and in accordance with government guidelines to protect you from any future obstacles.
If you are struggling to pay back your loan then we can handle your case.
Covid-19 created a global pandemic which financially strained businesses and thus the economy. To counter the negative impact on business cash flows, the UK government created the Bounce Back Loan Scheme (BBLS).
The government scheme allowed SMEs to borrow money in the criteria shown below:
The government gave the accredited lenders and partners a 100% government-backed guarantee incase of any outstanding balance of both capital and interest within the facility with tax consultant with us
If, however, you have signed a document giving personal liability, then it is possible that you have in fact borrowed money through the Coronavirus Business Interruption and accountancy services for business Loan Scheme (CBILS) which is only partially backed by the government with regards to its guarantee.
If you are in a position in which your business has been negatively affected by the global COVID-19 pandemic and subsequently you are unable to make repayments on your loan, it is highly viable that your company or business must close down, i.e.: liquidate.
Liquidation mostly refers to the process of closing a company or business and in turn selling it assets or inventory (if any) to generate cash.
If your company or business goes into liquidation while having a Bounce Back Loan, then the following steps take place:
There are various ways to liquidate your company. Each method is initiated differently and have different outcomes regarding the director’s record.
Hire and appoint our licensed insolvency experts who will take care of all the necessary steps to securely and seamlessly dissolve your company or business and thus rid you of any personal liabilities!
Our qualified GDPR specialist will build your legal claim to protect you in order that you may protect others.
Our licensed Accounts professionals will make sure that your company books & financials are in order.
Our clients come from all types of personal and business backgrounds and we cater for them all.
These are some interesting facts and figures surrounding the subject of our services
We would love to work with you. If you’re an Insolvency Practitioner, Accountant, GDPR Specialist, etc, please contact us now!
