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.
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. Click here for details of this process.
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. Click here for details of this process.
PHOENIX
BUSINESS SERVICES
Amongst our team we have a former insolvency practitioner who, working for you and not your creditors, can give honest, pragmatic advice on the very best and most beneficial options for you and your business, and can guide you through the maze of whichever form of insolvency is most appropriate for your business.
We work for you and your business, not your creditors
To protect & save your business, call
0871 245 4885
0871 245 4885
Insolvency, & a debt-free Phoenix company, is the best way to protect & save your business...
