0800 644 6080
Call FREE from Landline and Mobile
Est. 1989

Company Voluntary Arrangement (CVA) advice for directors

Licensed UK Insolvency Practitioners FREE Meeting for Company Directors

We can help with serious company debts, HMRC and creditor pressure, VAT/PAYE/Tax arrears, cash flow problems and raising finance.

RBR Video - Company Voluntary Arrangements

Knowing how best to deal with serious debt problems and financial distress as a company director is not easy. Company Voluntary Arrangements are one of the most frequently used insolvency solutions and Real Business Rescue has extensive expertise on the subject. Watch the video below for a brief overview of the key issues.  


Video Transcription

Every day we are contacted by company directors who are fearful because company debts have spiralled out of control and they don’t know how to repay them. One or more creditors may be threatening to wind up the company or there might not be adequate cash flow to meet demands such as payroll and paying invoices.

In this situation, a Company Voluntary Arrangement can be an effective solution.

Known more commonly as a CVA, it is a legally binding agreement between the company and its creditors where a proportion of the debts are repaid over a fixed period of time – typically monthly contributions to the CVA supervisor. Alternatively the Company may look to sell assets and repay creditors from the proceeds. Whatever agreement is put in place, all parties are contractually bound to adhere to the terms and conditions agreed.

Creditors need reassurance that projections of repayment are achievable and at least 75% of these creditors will need to agree to the CVA for it to be approved. HMRC actively participate where a CVA is being proposed and they will not accept unrealistic projections.

Where the company proposes to make monthly contributions from income, it is clearly important that it is able to afford them. Creditors are usually willing to support a CVA, even though they’re unlikely to recover all that they are owed, as an alternative solution such as company liquidation would see them receive significantly less.

As licensed insolvency practitioners, we can help to ensure that the repayment model is viable. We have worked with thousands of distressed companies and we understand that being pursued for unpaid debts is a hugely stressful time and equally recognise that creditors simply want to be paid.

So, if your business is potentially viable but struggling with cash-flow problems or facing threats from creditors, a Company Voluntary Arrangement could help bring an end to creditor pressure and turnaround your company.

Who we help
  • Company Directors
  • Finance Directors
  • Sole Traders
  • Accountants
  • Small Businesses
  • Large Businesses
  • Partnerships
Contact our team
Jonathan Munnery
Gillian Sayburn
Julie Palmer
or Find your Nearest Office

Here at Real Business Rescue we take your privacy seriously and will only use your personal information to contact you with regards to your enquiry. We will not use your information for marketing purposes. See PRIVACY POLICY

Business Rescue Advice for Directors
Free Guide for Limited Company Directors
Business Rescue Advice for Directors
  • How to manage company cash flow problems
  • Advice on dealing with HMRC
  • Understanding rescue and closure options
  • And much more...
Free Guide Download
Desling with your Insolvent Clients
Business Rescue Guide for Accountants
Dealing with your Insolvent Clients
  • Helping you advise insolvent clients
  • Spotting signs of client distress
  • Exploring business rescue options
  • And much more...
Free Guide Download
Our numbers speak for themselves
Number of UK Offices
Directors Helped
Licensed Insolvency Practitioners