Welcome
Whether you are a business owner struggling to navigate the financial challenges in order to keep your company afloat and need expert advice, or a private individual struggling with your finances, Cradoc Consultancy is dedicated to explore viable paths forward, giving you the clarity and confidence needed to move ahead
About Us
Our Key Aspects
Our Key Aspects
Our Key Aspects
Cradoc Consultancy plays a crucial role in providing support and protection to company directors and business owners facing financial difficulties. We provide tailored advice regarding the business's financial situation, including Liquidation, Administration or Company Voluntary Arrangements.
Liquidation
Our Key Aspects
Our Key Aspects
Creditors' Voluntary Liquidation
Voluntary closure of an Insolvent company where Directors choose to wind up operations and a Liquidator is appointed to manage affairs.
Compulsory Liquidation Support
Guidance and representation if Creditors have petitioned the Court to wind up the Company.
Insolvency
Our Key Aspects
Insolvency
Cradoc Consultancy will guide directors and business owners through the formal Insolvency processes, ensuring compliance with legal requirements and helping to mitigate risks during the transition. We assist in managing crucial communications with stakeholders, including employees, creditors and customers.
Our Services for Individual Clients
IVA (Individual Voluntary Arrangement)
IVA (Individual Voluntary Arrangement)
IVA (Individual Voluntary Arrangement)
An IVA (Individual Voluntary Arrangement) is a solution for individuals who have debts and are now struggling with the repayments.
With and IVA you can write off up to 70% of your debt.
Set up sustainable monthly repayments
Stop Interest and charges and reduce repayments.
Debt Relief Orders (DRO)
IVA (Individual Voluntary Arrangement)
IVA (Individual Voluntary Arrangement)
A DRO (Debt Relief Order) is a formal insolvency process for people who cannot pay their debts and who have moderately few assets of significant value, a low income, with no other access to debt relief and no prospect of the situation improving.
Bankcruptcy
IVA (Individual Voluntary Arrangement)
DMP (Debt Management Plan)
Bankruptcy is a very difficult decision but is a way of dealing with debts that you cannot pay. So if you have no money to pay your debts, or have so little that it will take years to pay them, this. may be a solution but we are here to advise you of all your options.
DMP (Debt Management Plan)
IVA (Individual Voluntary Arrangement)
DMP (Debt Management Plan)
A Debt Management plan (DMP) is an informal agreement between an individual and their creditors. DMPs could help reduce outstanding debts over a fixed period of time at a lower repayment level to help people regain control of their finances.