VOSCAP NEWS
Pre-Pack Administration Explained: What Businesses Need to Know
What is a pre-pack administration, and when might it be appropriate for a business in financial difficulty? VOSCAP explains how the process works, why businesses use pre-packs, what happens to company debts and the safeguards that apply when existing directors or connected parties purchase the business.
What Is Intellectual Property — and What Happens to It When a Company Is Liquidated?
Intellectual property can be one of a company’s most valuable assets — but what happens to it if the business enters liquidation? We explain the main types of IP, who owns them, and how intellectual property may be identified, valued and sold during the UK liquidation process.
From CCJ to Winding-Up Petition: Understanding the Escalation Process
When a business falls behind on its financial obligations, creditor action can escalate quickly if left unresolved. This article explains the typical progression from missed payments and County Court Judgments (CCJs) through to statutory demands, winding-up petitions and compulsory liquidation, helping directors understand their legal position and the importance of seeking advice early.
Profitability Isn't Everything: What Your Balance Sheet Really Reveals
Profit is only one measure of a successful business. Your balance sheet tells the bigger story, revealing whether your company is financially resilient, solvent and prepared for future challenges. In this article, we explain the balance sheet test, why directors should understand it and how monitoring your financial position can help protect your business.
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ABOUT VOSCAP
Voscap’s primary objective is to save your business. Our team of experts’ knowledge in restructuring and turnaround assignments is invaluable when assessing the best option available to your needs. With experience spanning several decades, we have the skill and resources to provide viable solutions within all industry sectors. All organisations go through difficult times and we are here to help. From small to multi-million turnover businesses, we have dealt with the most complex of cases. We offer an initial free assessment in analysing your financial position and providing clear and precise advice making your experience a simple non-complicated process.