Why liquidate before the UK general election?
6 June 2024A guide for tax advisers by James Cowper Kreston. The UK general election on 4 July 2024 could bring significant changes to the tax regime..
Turnaround, Restructuring & Insolvency (TRI)
Recent solutions
Advice to directors of a technology company
The company is seeking to raise additional funding but is suffering cash flow difficulties, and advice was given regarding continued trading and the directors responsibilities in that regard.
Year: 2024
Location: Oxford
Outcome:
- TBC
Solvent liquidation
Solvent liquidation of a company that had sold its property interests and wanted to return funds to shareholders.
Year: 2024
Location: Oxford
Outcome:
- Return to shareholders
Solvent liquidation
Ahead of the budget to take advantage of business asset disposal relief at 10%.
Year: 2024
Location: London
Outcome:
- Return to shareholder ahead of the budget.
Insolvent liquidation of a not-for-profit organisation
Collaborating with the board to initiate the company's liquidation process in order to realise its assets for the benefit of creditors.
Year: 2025
Location: Southampton
Outcome:
- Ongoing
Solvent liquidation
Simplification of group structure with the disposal of a no longer required subsidiary.
Year: 2025
Location: Southern England
Outcome:
- Solvent liquidation
Advice to acquirer
Advice regarding a restructuring plan to put a company into a viable position for the acquirer to conclude a purchase.
Year: 2025
Outcome:
- Restricting planning explored but not progressed.
Insolvent liquidation
Horse training facility with financial difficulties.
Year: 2025
Location: Newbury
Outcome:
- Insolvent liquidation
Advice to the board regarding restructuring
Insolvency issues have arisen due to the ongoing litigation and the enforcement of a building liability order.
Year: 2025
Location: London
Outcome:
- Working with directors to avoid an insolvency
Insolvent liquidation
Assisted the directors in initiating the company’s liquidation process and managing the realisation of assets to ensure the distribution of proceeds to creditors.
Year: 2024
Location: Southampton
Outcome:
- Creditors voluntary liquidation with a likely return to creditors
Administration of a topco – large property group
A large property group comprising several companies facing financial distress. We worked closely with both the lender and the directors to develop and implement strategies that maximised returns for creditors.
Year: 2025
Location: London
Outcome:
- Administration of the topco
Advice to directors of a technology company
The company is seeking to raise additional funding but is suffering cash flow difficulties, and advice was given regarding continued trading and the directors responsibilities in that regard.
Year: 2024
Location: Oxford
Outcome:
- TBC
Solvent liquidation
Solvent liquidation of a company that had sold its property interests and wanted to return funds to shareholders.
Year: 2024
Location: Oxford
Outcome:
- Return to shareholders
Solvent liquidation
Ahead of the budget to take advantage of business asset disposal relief at 10%.
Year: 2024
Location: London
Outcome:
- Return to shareholder ahead of the budget.
Insolvent liquidation of a not-for-profit organisation
Collaborating with the board to initiate the company's liquidation process in order to realise its assets for the benefit of creditors.
Year: 2025
Location: Southampton
Outcome:
- Ongoing
Solvent liquidation
Simplification of group structure with the disposal of a no longer required subsidiary.
Year: 2025
Location: Southern England
Outcome:
- Solvent liquidation
Advice to acquirer
Advice regarding a restructuring plan to put a company into a viable position for the acquirer to conclude a purchase.
Year: 2025
Outcome:
- Restricting planning explored but not progressed.
Insolvent liquidation
Horse training facility with financial difficulties.
Year: 2025
Location: Newbury
Outcome:
- Insolvent liquidation
Advice to the board regarding restructuring
Insolvency issues have arisen due to the ongoing litigation and the enforcement of a building liability order.
Year: 2025
Location: London
Outcome:
- Working with directors to avoid an insolvency
Insolvent liquidation
Assisted the directors in initiating the company’s liquidation process and managing the realisation of assets to ensure the distribution of proceeds to creditors.
Year: 2024
Location: Southampton
Outcome:
- Creditors voluntary liquidation with a likely return to creditors
Administration of a topco – large property group
A large property group comprising several companies facing financial distress. We worked closely with both the lender and the directors to develop and implement strategies that maximised returns for creditors.
Year: 2025
Location: London
Outcome:
- Administration of the topco
Advice to directors of a technology company
The company is seeking to raise additional funding but is suffering cash flow difficulties, and advice was given regarding continued trading and the directors responsibilities in that regard.
Year: 2024
Location: Oxford
Outcome:
- TBC
Solvent liquidation
Solvent liquidation of a company that had sold its property interests and wanted to return funds to shareholders.
Year: 2024
Location: Oxford
Outcome:
- Return to shareholders
Solvent liquidation
Ahead of the budget to take advantage of business asset disposal relief at 10%.
Year: 2024
Location: London
Outcome:
- Return to shareholder ahead of the budget.