Practical guidance, clear analysis, and expert commentary on business decisions.
Kantara insights
A 5-minute primer
Director duties in distress
When cash runs short, directors face tough decisions and legal responsibilities. This quick guide explains what to do — and what to avoid — when your business is under financial pressure. From protecting creditors’ interests to avoiding wrongful trading, it highlights the immediate steps directors should take to safeguard both the company and themselves. In just five minutes, you’ll understand the key duties that matter most in a crisis and how to act responsibly without losing control.
CVL vs Administration
When all avenues to save your business have been exhausted, we make sure it is closed down efficiently, removing the worry from you, whilst looking after the interests of your staff and creditors. Two common routes are Creditors’ Voluntary Liquidation (CVL) and Administration. Each carries different implications for directors, employees, and creditors. This article breaks down the pros and cons of both approaches, helping you understand which path best protects value in your situation with clear explanations and practical comparisons.
MVL checklist
A Members’ Voluntary Liquidation (MVL) is often the most tax-efficient way to close a solvent company. But it requires careful planning and precise execution. Our step-by-step checklist walks you through the process — from confirming solvency and appointing a liquidator to distributing assets and securing HMRC clearance. By following these stages, directors can ensure a smooth, compliant wind-down while maximising the financial benefits. If you’re planning an exit or restructuring, this guide helps you do it cleanly, confidently, and in line with UK regulations.
Need help choosing?
We’ll outline options in your first call.
