Are you going into business with a third party company?

 

Do you want to carry out due diligence on said company before you enter into business relations with them?

 

If so, we can check whether there is a Company Voluntary Arrangement (CVA) in place beforehand.

 

If a limited company is insolvent, it can use a Company Voluntary Arrangement to pay creditors over a fixed period. If creditors agree, a limited company can continue trading.

 

The insolvency practitioner will work out an ‘arrangement’ covering the amount of debt the company can pay and a payment schedule.