The Project was complex but TBDA team ensured that the project was conducted to the highest standard of compliance, ensuring that relevant book debts were assigned to the corresponding Shareholder, as a ‘distribution in specie’. The relevant clearance was obtained from HMRC and the liquidations have concluded.
Careful consideration must be given to all options available to a financially distressed business. For more advice, fill out our Contact Form and we will be in touch. Alternatively, call our FREE ADVICE LINE on 0800 781 0990.