What is a Company Voluntary Arrangement?
“Our business is great, but we lack cash flow. The business is viable, but threats from creditors are constant. What are our options?”
A Company Voluntary Arrangement (CVA) is a Great Solution for You
A Company Voluntary Arrangement is a formally binding agreement between your company and its creditors.
If your company needs urgent help, call us today on 01633530600
A CVA has many advantages to liquidation or administration. We are happy to offer a no obligation chat or please see a summarised list of benefits a company voluntary arrangement can offer your business below.
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Company Voluntary Arrangement benefits for your company
- Remove pressures from HMRC, including tax, VAT and PAYE while we prepare a company voluntary arrangement
- Company voluntary arrangements rapidly improve cash flow to your business
- We can often stop a winding up petition by getting it adjourned
- Use a company voluntary arrangement to quickly reduce costs
- Keep your board and shareholders in control of the company
- CVAs have lower costs than administration and the process will not undergo a public announcement
- You don’t need to tell customers about your company voluntary arrangement
- Use CVAs to terminate employment, lease contracts, bad supply contracts all with a zero cash outlay
- End property lease obligations with zero cash outlay
- Continue to run your own company, but with leading CVA experts working on your behalf
- End manager, director and other costly contracts to rapidly reduce costs
- Make necessary redundancy announcements with the assistance of government backed redundancy packages
- End customer contracts that are too difficult to manage
- Transfer the business to a clean company that operates more efficiently while the old business repays creditors via a management fee
- Pay back as little as 20% of some debts over long periods with payments that you can afford
Speak with an impartial expert in the CVA process
Our initial advice is free and you are under no obligation to use our services.
Learn the CVA Process
Get the CVA process explained in simple terms