Where the size of debts or weight of actions is too great to save the company and continue its trading, or even if you have just “had enough ” Interco will still keep you firmly in control by effecting a “safe closure”….

Avoid Compulsory Winding Up
If you are threatened by HMRC or by a hostile trade creditor with a Compulsory Winding Up Petition (WUP), the upside is that the company will be closed for free ! A heavy downside is the hassle of the legal courts process, detailed examinations by the Official Receiver into why your company failed, and risk of negative consequences from investigating the conduct of its director(s).

Safely Managed Closure
Interco's positive practical approach to managed closure is aimed at maximising realisations from any third parties who owe money to the company and controlling costs while minimising any risks that the Director will be accused of acting wrongfully, disqualified, or made personally liable to pay the company's debts !

The two most common forms of voluntary closure we manage for you are Creditors Voluntary Liquidation (CVL) and a Striking Off Application (Strike Off).

Creditors Voluntary Liquidation (CVL)?

Striking Off the Record?

Whatever route of Voluntary Closure makes best sense Interco Management ensures that pitfalls will be avoided and that the best outcome that can be achieved will be achieved for all company stakeholders.