Wilson Field® - Licensed Insolvency Practitioners Operating …
Wilson Field are Licensed Insolvency Practitioners, providing professional services with free advice and consultations to UK businesses nationwide. We specialise in areas of corporate recovery, insolvency, finance and more.
About Wilson Field® - Licensed Insolvency Practitioners | Business ...
About Us. Wilson Field has been in business since 2001. It has grown to become a leading and respected player amongst the larger independent practices specialising in finance, business turnaround and insolvency. We offer a nationwide service to our clients, meeting with them throughout the UK – distance is never an issue.
How to close a limited company help & advice - Wilson Field
A CVL involves closing a limited company through the realisation of its assets in order to make repayments to creditors on a pro-rata basis. A director may not want to close the company, but there simply isn’t enough cash to pay creditors back, which means the business has no viable future in its current form.
Company debt help & advice - Wilson Field
We are a firm of licensed insolvency practitioners (IP) with years of experience resolving company debt issues for firms of all sizes. We can work with you to fully understand your company’s current situation and guide you through the available options. A thorough analysis will take place to establish whether it’s possible to rescue the ...
Meet The Wilson Field Team - Operating Throughout The UK
Meet the Team. Say hello to the talented Wilson Field team behind one of the leading independent insolvency practices. Our team has grown substantially since the business first started in 2001. From modest beginnings we now offer a nationwide service to all industries, from micro businesses to sizable SMEs. Our team is dedicated to providing a ...
Types of liquidation - Wilson Field
In the UK there are three types of liquidation. Creditors Voluntary Liquidation (CVL) Members Voluntary Liquidation (MVL) Compulsory Liquidation. Each resulting in the closure of a company, and which type is best for your company depends on whether it is solvent or insolvent. An aspect all types of liquidation have in common, is all assets are ...
Voluntary liquidation - Wilson Field
Voluntary liquidation. There are two types of voluntary liquidation, these being members voluntary and creditors voluntary. The process that is right for you will be determined by the solvent or insolvent nature of your limited company. We can help you to identify if your company is insolvent and needs to cease trading.
Company recovery help & advice - Wilson Field
Company recovery help & advice. There are both formal and informal procedures to help directors rescue their business and recover their company from a position of financial distress. Options may include sourcing new funding, restructuring the company’s operations, and entering a formal insolvency procedure. The most appropriate route forward ...
Guides & FAQ’s - Wilson Field
Browse our extensive information library of articles giving help, advice & answering common question asked by directors dealing with company debt
What is a Members Voluntary Liquidation (MVL)? - Wilson Field
A Members Voluntary Liquidation is the liquidation of a company that is solvent. A company is solvent by definition if it has assets sufficient enough to settle all liabilities in full, plus statutory interest within a given period of less than 12 months. The director’s decision to instigate an MVL is generally because the company has no ...