Nicky Calthrop-Owen
Actons Solicitors
0115 9 100 200
If you are owed money by a company, or if your company is insolvent it may be a last resort to wind up or liquidate a company but sometimes this is a necessary action. Winding up petitions can facilitate the recovery of debts owed by a limited company.
Our insolvency legal team can act for you (if you are owed more that £750 by a company and the debt is not disputed) to help you wind up or liquidate the company.
We can also help if you are a director of your own company and it is insolvent. You are under a duty to take every step to minimise the loss to creditors and if you don’t do this, you may be personally liable to contribute towards the debts of the Company.
As it’s important to cease trading if you know or ought to know that the company is unable to avoid insolvent liquidation, the presentation of a winding up petition is a cost effective alternative to creditors’ voluntary liquidation. If the shareholders and directors agree we can issue a petition to wind up the company and put it into liquidation.
Our insolvency specialists can advise your company if a creditor serves you with a Statutory Demand (sometimes abbreviated to Stat Demand). The company must respond quickly to avoid a winding up petition being issued.
We can also arrange to serve a Statutory Demand on a company if it owes you money.
Whether your company is going into voluntary liquidation or you have a winding up petition issued against you or if you wish to file one, our highly experienced liquidation solicitors can provide you with legal guidance at a confusing time. If your company can be rescued, through a company voluntary arrangement (CVA), restructuring or if it is too late to save your company we can deal with the procedures in a swift and efficient manner.
For further information or to arrange an appointment contact a member of the insolvency team on 0115 9 100 200 or email enquiries@actons.co.uk or fill in the contact form below.
" Head of practice Nicola Calthrop-Owen is widely praised by clients, who say: "She is very personable and charming." In addition she "is very creative in finding solutions to the problems you present her with." Meanwhile Chris Murratt impresses interviewees as a "very personable and thorough lawyer." Clients are quick to emphasis his excellent client service and responsiveness. Richard Leman remains a valuable asset to the practice with considerable experience of both contentious and non-contentious insolvency. "
Chambers & Partners - 2011 - Leading Individuals
" The team continues to enjoy an excellent reputation for the strength of its insolvency practice, with one peer labelling it "the best contentious team in the East Midlands." The group frequently acts for insolvency practitioners and recently acted for the administrators of a company that supplied parts to the automotive industry. Sources say: "They take a very good commercial approach." "
Chambers & Partners - 2011
" Actons’ advice to insolvency practitioners ‘reflects the vast experience amassed by the team’, with its ‘strong commercial acumen overlaying robust technical analysis of complex issues’. Practice head Nicky Calthrop-Owen and consultant Richard Leman ‘epitomise’ the team’s strong skill set and level of service, and Chris Murratt is noted for his ‘experience, knowledge and people-management skills’."
Legal 500 - 2011
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