Covid 19 business Liquidation Specialists Leeds.

Covid 19 business insolvency and liquidation

Has the Covid 19 pandemic had a negative impact on your business?

Enforced closures due to lockdown restrictions has seen revenues plummet for businesses all over the country. A lack of income and problems with cash flow as a direct result of the coronavirus pandemic has left many companies, partnerships and sole trader businesses in a precarious situation with mounting debts and financial problems.

If you are concerned for the financial future of your company and you feel insolvency might be the only answer, Ellis Breese can help. We will take the time to understand your circumstances and look at the best options available to you.

Our highly skilled team will look at whether there is any Covid 19 support which could improve your financial situation and offer clear and honest advice on the prospect of rescue and recovery. There are a number of emergency finance packages which have been introduced to help businesses survive the crisis and we will make sure you are aware of any help you may be eligible for.

Liquidation

If liquidating your company is the right step for you, we will explain exactly what to expect and we will guide you through every stage of the process. If your creditors are putting pressure on you to pay bills and settle debts, a creditors’ voluntary liquidation may be the answer.

As insolvency experts, we will make sure you understand all the potential routes you can take including Administration, Company Voluntary Arrangement (CVA), for companies and Individual Voluntary Arrangements and Bankruptcy for individuals and sole traders.

Contact us now to arrange a free, confidential, no obligation consultation and find out how we can help.