openPR Logo
Press release

Cooper Matthews Warn of the Dangers of Winding Up Petitions

03-24-2011 09:00 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Cooper Matthews Ltd

Leeds, United Kingdom (18 March, 2011) - Cooper Matthews, a leading provider of business debt advice and solutions for small to medium businesses requiring financial advice, warn of the dangers of Winding Up Petitions.

Cooper Matthews have extensive experience in providing company debt rescue services to small and medium sized companies. Cooper Matthews can also provide practical advice which can help prevent business insolvency or other financial difficulties. Due to Cooper Matthews's expertise and business solutions, many companies have recovered from financial issues and have ultimately turned their businesses around.

Winding Up Petitions allow one or more creditors of a business to engage in the process for forced closure of a limited company. Cooper Matthews recently warned of the dangers of Winding Up Petitions, as a company's bank account will be frozen immediately following the advertisement of the Petition and cannot be accessed before a company can defend their case. Cooper Matthews, however, can obtain a Validation Order for their client to reinstate their bank account.

A spokesperson for Cooper Matthews commented: "Winding Up Petitions can ultimately have disastrous consequences for a company, as they can freeze all company assets and bank accounts. Winding Up Petitions can also result in employees being left unpaid and could leave a business in a state of disarray once the court case has ended. If a Petition is ignored, the directors will have to attend an interview with the Official Receiver. Here at Cooper Matthews we understand the dangers Winding Up Petitions could present, which is why we can provide expert advice for stopping a Petition being advertised or can help a company obtain a Validation Order which can reinstate their company bank account."

For more information on Cooper Matthews and their services, visit their website at http://coopermatthews.com/ or telephone 0800 8 40 40 42.

About Us:
Copper Matthews is a provider of business debt advice and solutions for small to medium businesses experiencing financial difficulties. They are committed to employing a whole market approach in order to identify and deliver the right solution for individual business needs, and, if necessary, are able to assist throughout the liquidation process.

Contact:
Derek Cooper
Cooper Matthews Ltd - Head Office,
1a Ash Lane Business Park,
Ash Lane,
Garforth,
Leeds,
West Yorkshire,
LS25 2HG
Tel: 0800 8 40 40 42
Fax: 0113 320 5678
Email: info@coopermatthews.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Cooper Matthews Warn of the Dangers of Winding Up Petitions here

News-ID: 167948 • Views: 1253

More Releases from Cooper Matthews Ltd

Cooper Matthews ready to help companies threatened with winding up petitions
Leeds, United Kingdom (24 July, 2011) - Cooper Matthews, a leading provider of business debt advice and solutions for small to medium businesses requiring financial advice, are offering their expert services to businesses that have been threatened with or received a winding up petition. 'Winding up', or 'compulsory liquidation', is a process that leads to the closure of a limited company at the behest of one or more of its creditors.
Cooper Matthews Comment on HMRC's Time To Pay Scheme
Leeds, United Kingdom (24 June, 2011) – Cooper Matthews, a leading provider of business debt advice and solutions for small to medium businesses requiring financial advice, comment on the HMRC’s decision to wind up their popular Time To Pay scheme which has helped many businesses through economic difficulty. Time To Pay (TTP) allowed viable businesses to defer tax payments through the economic downturn. Businesses who are unable to pay on
Cooper Matthews Comment on Silentnight seeking a Company Voluntary Arrangement
Leeds, United Kingdom (13 June 2011) – Silentnight, one of the UK’s most successful bed manufacturers, have been forced to seek a Company Voluntary Arrangement (CVA) after the company’s growing debts led to banks refusing to renew their existing loans. Silentnight’s chief executive claims that the company continues to make profits and generate cash, but that pension liabilities dating back to acquisitions made during the 1980s and 90s have rendered
Cooper Matthews Can Help Convert a Personal Guarantee into a Bank Loan
Leeds, United Kingdom (XX Month, 2011) - Cooper Matthews, a leading provider of business debt advice and solutions for small to medium businesses requiring financial advice, can help a company director convert a personal guarantee into a bank loan should they go into liquidation or pre-pack administration. Cooper Matthews is a business debt advice specialist that can provide support and guidance to small and medium size companies. Cooper Matthews can help

All 5 Releases


More Releases for Petition

Masks Off California! Non Profit Starts no mask petition...
An Unincorporated Non Profit association has just launched a petition in California Masks Off California! The petition sites that mask wearing is no guarantee against infection and that individuals have the right to opt out of vaccinations due to pre existing conditions and political or religious beliefs protected under the constitution. There is a high consensus among top world scientists and doctors
The WiMAX Forum Files FCC Petition for AeroMACS Service Rules Adoption
These Service Rules Will Allow Expansive AeroMACS Deployment in the United States The WiMAX Forum®, the leading nonprofit organization that certifies and promotes the compatibility and interoperability of broadband wireless products based upon IEEE Standard 802.16, submitted a petition to the Federal Communications Commission (FCC) on March 31, 2017, requesting adoption of service rules for the Aeronautical Mobile Airport Communications System, better known as AeroMACS. With the increasing need for secure
Henkel India announces 'Eco-Petition’ - Henkel Enviro Care Award
October 26 2010: Henkel India Ltd. today announced its popular national level paper presentation `Henkel Eco-petition’ for students on environmental issues. The annual contest, spear-headed by Henkel India since 2005 has received wide acclaim and has become a regular event on the school calendar. This year “Henkel Eco-petition” will address ways of reducing and reusing resources, which is the need of the hour. Titled “Reducing & reusing of resources in
Jason Steele is first 2008 Brevard candidate to qualify by petition
Jason Steele, Republican candidate for the Florida House of Representatives in District 31, today became the first candidate for state or county office in 2008 in Brevard County to qualify for the ballot using the petition method. Steele was notified by the Brevard County Supervisor of Elections office that the office has certified that the required number of 810 voters in House District 31 have signed petition cards to gain him
Outraged Ronkonkoma Residents Circulate Petition
After Proposed Ban in County Parks, Skateboarding Comes to Church Street Lake Ronkonkoma, New York – July 16, 2007 – When residents of Lake Ronkonkoma were informed by Brookhaven Councilman Tim Mazzei (R-CD#5) that the construction of a skateboard ramp was imminent for Waltess Estates Park, the outcry was swift. A petition immediately began circulating and has dozens of signatures from concerned parents and homeowners seeking to prevent the construction.
Sign the Petition to Legalize Online Gambling
This is a call to protest, to every American citizen that is tired of having their rights striped away one at a time, by a government that seems to worry more about getting reelected then improving the lives of its citizens. The new online gambling ban is causing quite a stir, and many Americans have started to complain, so one man has decided to take on the American Government and fight