We have specialised teams who collaborate to deliver for expanding businesses.

Our teams have recently been supporting a national retailer navigate its growth journey.

A client had identified a number of strategic acquisitions it wished to make in order to increase its presence in key geographic locations.

We were advising from the outset of the proposed acquisitions.  The benefits and risks arising from thorough due diligence and analysis were highlighted to the client. This included Corporation Tax, Employment Taxes and VAT, in addition to the interrogation of the validity of accounts and management data provided.

We provided support whilst the trade in the newly acquired companies was seamlessly transferred to our client.  The type of support varied from an accountancy focus on bookkeeping, final accounts, and corporation tax return preparation to a practical focus on providing guidance in respect of third party obligations and notifications, for example to customers and suppliers in the lead up to the changeover.

Once the trade had been transferred, we continued to assist and undertook the necessary accounts and documentation for the acquired companies to be ready to enter Members Voluntary Liquidation (“MVL”) having considered all of their contingent liabilities.  This included ensuring lease commitments were transferred to the acquiring company, dealing with the reallocation of rent deposits and ensuring any outstanding charges were settled and marked as satisfied on the register.

Sometimes there is only a short timeframe, a matter of days, between the company ceasing to trade and entering MVL.  Our teams worked together to ensure that everything was in place for the MVL to go ahead at the appropriate time.  However, there was still some “tidying up” that was required during the liquidation before the final distribution of funds could be made to the shareholder.

Between our Corporate Finance, General Practice, VAT, Corporate Tax and Restructuring teams we can offer a rounded service from acquisition into liquidation and finally dissolution.