Compulsory Winding Up or Creditors’ Voluntary Liquidation
An Insolvency Practitioner’s guide to the differences between Creditors’ Voluntary Liquidation and Compulsory Winding Up.
INSOLVENCY PRACTITIONER
Straightforward Professional Advice and Insolvency Solutions across Cardiff and Newport.
Whiteoak Morris
Est. South Wales, 2015
Business Rescue – Company Liquidation – Debt Arrangements
ICAEW Licensed Insolvency Practitioner
02920 611047 (Cardiff) – 01633 927002 (Newport)
We provide industry leading insolvency advice and services from our offices in Cardiff and Newport, both in person and by video calls and telephone.
We work with all types of businesses – from small family run operations to larger companies with more extensive staff, premises and equipment – and individuals with business and personal debts.
As an independent local practice with extensive experience we understand the challenges facing businesses in recent years. We can present the best options for how to move forward. Taking advice early on can avoid personal financial pitfalls later on.
Call us today and speak with our Insolvency Practitioner for free and confidential professional advice.
Who we work with:
COMPANIES
As an independent local practice with extensive experience we understand the challenges facing businesses in recent years. Whether it is inflation, loss of customers or historic tax, bounce back loan or bank liabilities we understand the issues and can present the best options for how to move forward.
We work with local companies, from small family run operations to larger companies with staff, premises and equipment. All receive our professional, straightforward advice and services.
We provide a range of business rescue solutions. Alternatively we can work with you to place your company into liquidation with minimum stress. Taking advice at an early stage can also avoid personal financial pitfalls later on.
If your company is facing financial or trading difficulties contact us today. We do not charge for our initial professional advice, provided on a fully confidential basis.
There have been many challenges facing businesses in recent years. We work with local clients, providing a professional and friendly service to business owners.
We understand the impact of reduced customer spending, increased energy prices and the challenges facing different sectors. Many businesses have found it tough to meet payments against bounce back loans, historic tax debts and borrowings in addition to everyday outgoings.
We provide a range of business rescue solutions to provide you with the best options. We do not charge for our initial professional advice, provided on a fully confidential basis.
TRADERS AND PARTNERSHIPS
TRADERS AND PARTNERSHIPS
There have been many challenges facing businesses in recent years. We work with local clients, providing a professional and friendly service to business owners.
We understand the impact of reduced customer spending, increased energy prices and the challenges facing different sectors. Many businesses have found it tough to meet payments against bounce back loans, historic tax debts and borrowings in addition to everyday outgoings.
We provide a range of business rescue solutions to provide you with the best options. We do not charge for our initial professional advice, provided on a fully confidential basis.
INDIVIDUALS
The past few years have been challenging for many people. The rising cost of living, lower job security and pressures on household incomes have created a difficult environment for personal finances.
An Individual Voluntary Arrangement can be an effective way to take control of your finances. Contact our Insolvency Practitioner for independent professional advice and see if an IVA is right for you.
We can arrange and supervise an Individual Voluntary Arrangement, working with you at every step to ensure you only repay an affordable amount after meeting your household expenses.
If you have personal debt and want to discuss your options contact us today. We do not charge for our initial professional advice, which is provided on a fully confidential basis.
Testimonials
Whiteoak Morris provided excellent service throughout the liquidation process. Highly recommended.
M.J. 
Excellent Insolvency Practitioner, understands the commercial needs of business whilst having a thorough and detailed knowledge of all compliance and regulatory aspects. I would recommend Chris to anyone looking to restructure or seek advice on their restructuring and insolvency options and personal insolvency needs.
S.D.
Spoke to Mr Chris Whiteoak. He gave me his time today to advise regards a messy insolvency matter.
He is very knowledgeable, What a godsend, discussed a really technical matter with me regards limited Company liquidation for a client in Cardiff
We spent quite a while on the Phone going over legalities, responsibilities and other technical matter.
Cant go wrong with this firm I will definitely be using them again.
Very highly recommended.
B.R.
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Offices in Cardiff and Newport
Cardiff Office:
Sophia House
28 Cathedral Road
Cardiff
CF11 9LJ
02920 611047
Newport Office:
Merlin House
Langstone Business Park
Newport
NP18 2HJ
01633 927002
Whiteoak Morris is headed by Christopher Whiteoak, an Insolvency Practitioner licensed by the Institute of Chartered Accountants in England and Wales (ICAEW), who has specialised in insolvency since 2006. He has extensive experience of working with companies, traders and individuals in financial difficulty.
Our philosophy is simple – to give straightforward professional assistance to all of our clients, whether they are the owners of companies, local traders or individuals with personal debts.
We are always happy to provide free advice so call us today.
Whiteoak Morris is Licensed and Regulated by the Institute of Chartered Accountants in England and Wales
Director Redundancy and Unpaid Remuneration on Liquidation
What are Directors entitled to receive in a Creditors’ Voluntary Liquidation? Directors employed by a company entering liquidation are entitled to receive redundancy pay, unpaid
What is a Creditors’ Voluntary Liquidation?
What is a Creditors’ Voluntary Liquidation? A Creditors’ Voluntary Liquidation (CVL) is a procedure to wind up an insolvent company. An Insolvency Practitioner can
IVA – FAQs
How much will I be asked to pay into an IVA each month? Many people find that their monthly debt payments leave them with insufficient