At APL Insolvency we specialize in helping business owners when their company is facing insolvency. We understand both the challenges and responsibilities directors must deal with including the need to take action when their company is having difficulty paying its debts.
We seek to find solutions that allow your company to overcome financial challenges and continue to trade. Our goal is to always help you take a proactive approach that effectively manages the threat of insolvency and provides the best outcome for all stakeholders.
If your company is experiencing financial difficulty, the team at APL is here to help you understand the options that may be available.
As the name implies, a creditors’ voluntary liquidation is a voluntary liquidation although despite the name, it is an appointment made by the company’s directors and shareholders.
A voluntary administration allows directors to present a proposal to the company’s creditors which, if accepted by a majority of creditors, results in a Deed of Company Arrangement.