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  • Established for over 35 Years
  • Fully licensed and qualified team
  • We have helped 1,000's of businesses
Services for Companies & LLP's Services for Sole Traders & Partnerships

Martin Buttriss Insolvency
Practitioner

Carolynn

Richard Simms Insolvency
Practitioner

Richard

Carolynn Best Insolvency
Practitioner

Carolynn

Start Afresh, Business Re-start Fees from £3,000 Fully Inclusive

Want to Start Afresh following insolvency, keep the good bits of your business with confidence of compliance with legislation?

 

What is Start Afresh?

 

A Creditors’ Voluntary Liquidation can facilitate the closure of your company and restart your business afresh. Includes an independent professional valuation.

Start Afresh

Creditors’ Voluntary Liquidation CVL does not need to mean the end of your business. Your existing business can be closed down insolvently and your business can continue through a new company. It’s important that any such transfer is conducted at a fair value and our service will include an independent valuation by national firm of insolvency valuers.

It’s crucial that if a same or similar name or trading style is being for the new business then compliance with section S.216 of the Insolvency Act is achieved. This is easily done and we will highlight all the relevant legislation to you.
Key features are:

  • Low prices – fees from  £3,000
  • Fast response, we can come and see you or meet us at one of our offices across the country
  • Insolvency Practitioner led (advice will come from our Directors who are all Licensed Insolvency Practitioners
  • Legitimate options for asset re-purchase and business continuity, compliance with legislation is key
  • Assistance with finance for on-going business
  • Company employees will be a priority and we will assist with any claims that the directors and staff may have
  • Quick turnaround, if you’re in a hurry we’re the right team for you; want to take your time we’ll discuss all the pressure points that you may be experiencing
  • We are not Brokers, deal direct, don’t pay a brokers fee.
  • We won’t ask you for a personal guarantee for our fees! We know you don’t like surprises.

Don’t forget;

Your advice will come from Licensed Insolvency Practitioners so we will explain all your options to you. So you’ll hear about

Business Rescue, Company Administration and Company Voluntary Agreements.

Contact us for expert advice

Simply contact us for free, no obligation advice.

Early actions can avoid formal insolvency. This is where our Business Rescue package can assist. However, where circumstances dictate the Start Afresh service will uniquely provide a transparent and professional service. We are Licensed Insolvency Practitioners and undertake all of our own work.

The availability of fixed prices help with planning and in particular protect Directors™ personal guarantee position.
How can the prices for the Start Afresh Voluntary liquidation service start from so low?

If you’re looking to close down an insolvent company the question is

“Do you want to start again with a company re-start?”

If the answer is

“no”

then you may be looking for a cost effective service to formally liquidate the company through a Director led Creditors Voluntary Liquidation with, a view to maximising the payment to creditors and minimising the associated costs.

If the answer is

“yes”

then you may be keen to understand how a company re-start works, is it legal or what will it cost me?

If there are assets to sell in any liquidation then they must be sold subject to a valuation. Some advisors may suggest that they will value the assets themselves.

A great idea ….well not when a disgruntled creditor questions the value that your new company has paid for the assets!

The recommendation of the sale to a connected party and the recommended value of the sale are both key to the security of the sale. By creating independence of both us as the Liquidators and you as the directors of both the old and new company then the use of a reputable, independent valuation company is crucial.

There’s no charge to chat on the phone or indeed to meet face to face so feel free to contact us in confidence to discuss your circumstances.

Purchase assets and continue trading with confidence

Compliant with legislation and regulation

Assistance with finance for the new company

All options explained and discussed with you. Contact Us

Start Afresh

F A Simms &Partners Ltd introduce a new, unique service. Start Afresh is a dedicated Creditors’ Voluntary Liquidation and Company Voluntary Arrangement service.

A Creditors’ Voluntary Liquidation doesn’t have to mean the end of the business that operated within the insolvent company. Let us explain your options for continuity of your business.
Key features are:

  • Low prices – fees from £3,000
  • Fast response
  • Legitimate options for asset re-purchase and business continuity
  • Assistance with finance for on-going business
  • Quick turnaround
  • Insolvency Practitioner led
  • We are not Brokers, deal direct, don’t pay a brokers fee.

Early actions can avoid formal insolvency. This is where our Business Rescue package can assist. However, where circumstances dictate the Start Afresh service will uniquely provide a transparent and professional service. We are Licensed Insolvency Practitioners and undertake all of our own work.

The availability of fixed prices help with planning and in particular protect Directors™ personal guarantee position.

How can the prices for the Start Afresh Voluntary liquidation service start from so low?

Contact us for expert advice

Simply contact us for free, no obligation advice.

Our team of professional and friendly advisors will guide you through this difficult time, providing you with advice on all the options.

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