For a Company Voluntary Arrangement (CVA) to not be rejected, it must be supported by 75% of creditors (by value). The proposed document should be approved by more than 50% of the shareholders. However, not all CVAs are approved, some are rejected

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The Insolvency Service publish the first release of its monthly insolvency statistics for 2021...Overall registered company insolvencies were lower in England, Wales, Scotland and Northern Ireland in January 2021 compared to in January 2020

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New statistics: Company Insolvencies in Q4 2020 were lower compared to that of Q4 2019 for England, Wales, Scotland and Northern Ireland

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Business bankruptcy is also known as insolvency in terms of company debts. Here is some more advice if you are concerned about potential business bankruptcy

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To help small firms, the Prompt Payment Code has been reformed and strengthened.
There is now an additional requirement to pay 95% of invoices from businesses with fewer than 50 employees within 30 days.

About us

KSA Group operates this website. 

We are a national firm of insolvency practitioners and turnaround experts who can help your Manchester or North West company today. Whether you need to rescue the business with a company voluntary arrangement, liquidate your North West company, use a pre-pack administration, we can help.  

From our offices at  55 Brown Street, Manchester, M2 2JC, we provide expert hands on advice and assistance to Manchester or North West companies, partnerships, LLP’s or soletraders.  Do you need insolvency advice for your Manchester company?

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  • 0161 956 8671


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51 Brown Street
M2 2JT
United Kingdom

Business Hours

Mon:9:00 AM – 6:00 PM
Tue:9:00 AM – 6:00 PM
Wed:9:00 AM – 6:00 PM
Thu:9:00 AM – 6:00 PM
Fri:9:00 AM – 6:00 PM
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