PHOENIX
BUSINESS SERVICES
To protect & save your business, call
0871 245 8800
0871 245 8800
Many fundamentally profitable businesses are weighed down by historical debt. The business and a limited company are two separate entities, and are all too often confused and treated as one. A phoenix company is, quite literally, a new trading entity that arises from the ashes of an insolvent company. The phoenix company carries on the business of the old, insolvent company, with virtually no difference, save that the phoenix company is free of debt, and therefore in a much stronger financial position. The transfer of the business and trading activities is normally virtually seamless.
Insolvency and a debt-free Phoenix company is the best way to protect & save your business...
A phoenix company is perfectly legal, subject to certain conditions being met, a number of procedures being carried out, and the correct paperwork being in place, which we can of course do for you.
Insolvency and a debt-free Phoenix company is the best way to protect & save your business...
A phoenix company is perfectly legal, subject to certain conditions being met, a number of procedures being carried out, and the correct paperwork being in place, which we can of course do for you.
Protecting you and your business... We will work for you, not your company's creditors. You will get give honest, pragmatic advice on the most beneficial options for both you and your business, and we'll guide you through the maze of whichever form of insolvency is most appropriate for your business.
