Faqs - Tecmark: Digital Marketing and Organic Search Agency

FAQs

No obligation, Just Honest Advice

Insolvency
How can I tell if my company is insolvent?
Can I continue trading if my company is insolvent?

Recovery Plans
Can we simply raise more finance to get out of insolvency?
Do directors have to involve other companies in their recovery plan?

CVA
What is involved in setting up a CVA?
Are all debts repaid with a CVA?
Will my bank support my CVA?
Will HM Revenue and Customs support my CVA?
Do I pay tax, national insurance or VAT while a CVA is prepared?
How will my creditors react?
Should I tell my customers about my CVA?
Should I liquidate instead of a CVA?
What is the cost of a CVA?

Administration
What is administration?
Who runs the company during administration?

Liquidation
What is liquidation?