HBG Advisory specialise in providing support to company directors and their companies when company debt is an issue. HBG Advisory provides cost-effective liquidations to private limited companies throughout the United Kingdom. The team at HBG Advisory delivers outstanding service to our clients, while paying maximum returns to creditors and company shareholders. As well-established Licensed Insolvency Practitioners, we therefore provide various insolvency products, including voluntary liquidations, such as Creditor Voluntary Liquidations and Members Voluntary Liquidations., company administrations, and company voluntary arrangements CVA. Helping company directors balance liquidity with insolvency. Many UK businesses have been affected by the Covid-19 pandemic. Therefore, it is important that we assist companies with Bounce Back Loans and liquidation guidance. The Insolvency Practitioners Association authorises all our Licensed Insolvency Practitioners. Therefore, seeking guidance from a licensed IP is important.
Failure to cease trading when unable to pay creditors may be considered direct or misconduct, allowing creditors to suffer further financial losses. Our Licensed Insolvency Practitioners understand the importance of acting as liquidators of a company, whether in distress or simply wishing to cease trading. They are all members of recognised professional bodies, with many years of experience having passed their JIEB exams with flying colours. It is important to note the duties our IPs carry out are in accordance with the Insolvency Act 1986. Ceasing trading with a solvent company may allow you to claim terminal loss relief.