Business Debts Over £10,000? Escape CVA Insolvency Now!

Are you seeking a way to eliminate your company debts without damaging your reputation through liquidation or a CVA? Our legal process offers an alternative cleaner exit from your company’s debts and liabilities.

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Business Debts Over £10,000? Escape CVA Insolvency Now!
Are you seeking a way to eliminate your company debts without damaging your reputation through liquidation or a CVA? Our legal process offers an alternative cleaner exit from your company’s debts and liabilities.
  • Keep your stock , assets , and cash in the company accounts
  • Avoid consequences of insolvency of using a licence practitioners
  • Avoid retrictions on becoming a director again
  • Continue operating your company

Find out more and get a Free consultation

 

Discover how our alternative to liquidation and CVA can help you.

Can't afford to pay back your business debts?

When a company becomes insolvent, directors usually appoint a licensed practitioner for Liquidation, Administration, or a Company Voluntary Arrangement (CVA). However, you may wish to avoid using a licensed practitioner due to potential consequences, such as:

  • Creditors issuing a County Court Judgment (CCJ), a statutory demand, or a petition to wind up your company.
  • Suppliers and customers ceasing their contracts or taking protective measures.
  • Lenders, including banks and other secured creditors, may call in their security.
  • Directors' actions will be scrutinised, with the risk of personal liability for company debts if there is evidence of wrongful or fraudulent trading.
  • Bank accounts might be frozen.
  • Your personal name gets exposed on the insolvency register as well as other public records.

An Alternative Approach to Liquidation and CVA

How it works?

Instead of choosing liquidation or a CVA, consider a better option. Our process allows you to legally transfer your debt and liabilities to us.

Once the transfer is complete, you are no longer responsible for any past or future debts. This option lets you exit your company’s debt obligations smoothly, without facing the consequences of insolvency.

We use a legal process to transfer your company’s debt liabilities to us, a method that may not be familiar to insolvency practitioners or accountants. If you prefer, we can validate this process with them before you proceed.

All creditors and Companies House records are updated with the new transfer notification, absolving you of past and future company debts. You retain ownership of your stock, assets, and cash, and have the option to continue business operations under a newly incorporated company name if you wish.

Unlike in liquidation and CVA’s, with our legal process there are no restrictions on becoming a director again, and your personal details are not published on public records, preserving your reputation.

Compare the difference yourself

If you’re a director seeking an exit strategy that avoids insolvency scrutiny and personal liability, this option offers the easiest and fastest solution. We can assist a wide variety of companies, including retailers, hospitality venues (restaurants, hotels, bars), manufacturers, service providers (such as professional services and contractors), property and construction firms, transport and logistics companies, healthcare providers, and more.

Consequences Insolvency Process Our Process
Loss of Control Yes No
Personal Liability Yes No
Reputation Damage Yes No
Legal Consequences Yes No
Stop you opening a new Company Yes No
Employment Challenges Yes No
Financial Costs Yes No
Public Scrutiny Yes No
Credit Restrictions Yes No
Loss of Assets, Stock, and company cash Yes No

If you're unsure or would like more information about our process, get in touch for a free consultation

If you have questions about our legal process for directors to exit company debt and liabilities without needing a licensed practitioner, our corporate finance and legal team is here to help you every step of the way.
Contact us

Find out more and get a Free consultation

 

Find out more and get a Free consultation

 

Our process works with any type of LTD or LLP Company with unsecured debts

  • Unsecured Loans, Bounce Back Loans (“BBL’s”), Credit Cards, Overdrafts (unsecured)
  • Asset Finance (unsecured)
  • Commercial Rent
  • VAT
  • Business Rates
  • PAYE
  • Corporation Tax
  • Suppliers

Why put your reputation at risk with liquidation or a CVA?

The public nature of insolvency proceedings can expose directors to scrutiny, affecting personal and professional relationships. It is crucial for directors to consider these reputational implications carefully, as they can have long-lasting effects beyond the immediate financial repercussions of insolvency.  

When our logistics company faced financial challenges, we consulted several Insolvency Practitioners who appeared detached from our industry's dynamics and uninterested in the future of our operations. Their primary focus was on locking us into their fee agreements and scrutinising extensive business and personal bank statements from past years. Opting for a company transfer seemed like a far more efficient solution. Within just three days, all paperwork was seamlessly processed. Now, our company's liabilities are no longer a concern, allowing us to continue operating without the weight of financial burdens.
ShirleyDirector
After a terrible experience liquidating our mobile repair store, we knew we didn't want to repeat that with our four frozen food companies. From the start, we didn't get along with the insolvency practitioner. Selling the liabilities of our frozen food companies was the perfect solution to continue our business in the same locations. I feel incredibly relieved.
AmjadDirector
When our bounce-back loan repayments kicked in, we struggled with our finances and accrued £70k in debts to HMRC, banks, and suppliers. I was considering insolvency when I discovered this option. After discussing it with our accountant, we received the go-ahead to proceed and transfer my company's liabilities to Sterlingway
A GrayDirector
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Get more information

If you have any further questions, please contact us. If you are facing insolvency, this option is an obvious choice. Don’t wait until it’s too late—if you have been ignoring your debts, reach out to us today

Does your company qualify?

When our logistics company faced financial challenges, we consulted several Insolvency Practitioners who appeared detached from our industry's dynamics and uninterested in the future of our operations. Their primary focus was on locking us into their fee agreements and scrutinising extensive business and personal bank statements from past years. Opting for a company transfer seemed like a far more efficient solution. Within just three days, all paperwork was seamlessly processed. Now, our company's liabilities are no longer a concern, allowing us to continue operating without the weight of financial burdens.
ShirleyDirector
After a terrible experience liquidating our mobile repair store, we knew we didn't want to repeat that with our four frozen food companies. From the start, we didn't get along with the insolvency practitioner. Selling the liabilities of our frozen food companies was the perfect solution to continue our business in the same locations. I feel incredibly relieved.
AmjadDirectos
When our bounce-back loan repayments kicked in, we struggled with our finances and accrued £70k in debts to HMRC, banks, and suppliers. I was considering insolvency when I discovered this option. After discussing it with our accountant, we received the go-ahead to proceed and transfer my company's liabilities to Sterlingway
A GrayDirector
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Next

Why choose us?

Because our initial consultations are absolutely free, regardless of the number. That’s right, you can engage with our expert team, explore our groundbreaking alternatives to insolvency, and start the journey toward financial recovery.


Our approach offers an easy pathway to restore financial health without the lasting stigma of traditional insolvency processes, opening the door to a brighter future.

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