Company Voluntary Arrangement Service
If your company is struggling with debt but you want to keep trading, a Company Voluntary Arrangement (CVA) could help you do that.
A CVA is a formal insolvency procedure that allows a viable business to repay creditors over time as an alternative to liquidation and Administration. A proposal must be approved by creditors representing at least 75% by value of those who vote, and the arrangement is overseen by a licensed insolvency practitioner.
Signs you need a company voluntary arrangement service
You may not need to be told that things are serious, but knowing whether a CVA is the right response is a different question. These are the signs it could be:
- Your company cannot pay its debts as they fall due.
- You are receiving frequent contact from creditors, HMRC, or debt collection agencies.
- You have received formal legal notices, such as a winding-up petition or a statutory demand.
- Cash flow has tightened significantly, even though your underlying business remains viable.
- You want to continue trading and protect your employees from redundancy.
- You are willing and able to repay creditors from future profits but need time and a structured framework to do so.
- You need professional support to negotiate with multiple creditors at once.
If several of these apply, a CVA may be worth exploring. Speak to our team today for a free, confidential assessment.
Benefits of choosing a CVA service
Keeps you in control
A CVA keeps the directors in charge. Unlike administration or liquidation, there is no external party taking over the business. You continue making day-to-day decisions while meeting the agreed repayment plan.
Creditor pressure stops
Once a CVA is approved, unsecured creditors included in the arrangement are generally prevented from pursuing separate recovery action for debts covered by the CVA. Secured and preferential creditors are not bound unless they have agreed to the arrangement.
Your business keeps trading
Because the company continues to operate, jobs may be preserved and customer relationships maintained. Unlike liquidation, the aim is to allow the business to continue trading while repaying its debts through an agreed arrangement with creditors.
Supports rebuilding creditor relationships
A well-managed CVA will demonstrate to creditors that you are taking a proactive and transparent approach to the company’s obligations, which may help to rebuild trust with suppliers, landlords, and HMRC over time.
Simplifies debt into one affordable monthly payment
Instead of managing multiple creditor demands, a CVA consolidates repayment into a single monthly contribution based on what your business can genuinely afford. Creditors receive a percentage of what they are owed over the agreed term, commonly three to five years.
Less disruptive route
Compared to administration or compulsory liquidation, a CVA may offer a less disruptive process, helping to retain customers and maintain staff confidence throughout. This gives your business the best chance of emerging intact.
How much does a CVA cost?
CVA costs vary depending on the size and complexity of your company and the number of creditors involved.
The two main components are:
| Fee | What it covers | Typical range |
|---|---|---|
| Nominee’s fee | Financial review, proposal preparation, and creditor vote | £5,000–£10,000 (depending on circumstances, could be lower or higher) |
| Supervisor’s fee | Ongoing management of the arrangement throughout its term | % of funds distributed to creditors, agreed with creditors upfront |
At the Liquidation Centre, we provide fixed-fee pricing with a clear, written quote before any work begins. No hidden costs, no surprises.
How the Liquidation Centre can help you through the CVA process
Our insolvency practitioners handle the CVA process from start to finish. Here is what that looks like in practice:
Stage 1: Free initial assessment
We review your company’s financial position, assess whether a CVA is viable, and advise you on all available options. This is free, confidential, and carries no obligation.
Stage 2: Proposal preparation
We work with you to build a CVA proposal that is realistic for your business and credible to your creditors, setting out repayment terms, the duration of the arrangement, and how the business will operate throughout.
Stage 3: Nominee appointment and creditor vote
A licensed IP is appointed as Nominee. We prepare and submit the proposal, notify all creditors, and manage the voting process. A CVA is approved if creditors representing at least 75% of the debt value of those who vote support the proposal.
Stage 4: Implementation
Once approved, the CVA is legally binding against all included creditors. Your company begins making monthly contributions, and we distribute these to creditors in accordance with the agreed plan.
Stage 5: Ongoing supervision
We manage the arrangement throughout its term, monitoring compliance, handling creditor communications, and keeping you informed at every stage. If your circumstances change, we will advise you on your options and work with creditors where adjustments may be needed.
Why choose the Liquidation Centre for a CVA?
There are many insolvency firms offering CVA services. Here is why directors choose us.
20+ years of experience
We have been supporting UK directors through insolvency and restructuring for over two decades, across a wide range of sectors and company sizes.
Award-winning service
The Liquidation Centre is a Contracting Awards winner and holds a five-star Trustpilot rating, reflecting the standard of service our clients consistently receive.
In-house licensed insolvency practitioners
Our IPs are in-house. That means you deal with the same experienced team from your first call to the final payment, with no handoffs, no gaps, and no inflated fees from third-party referrals.
Fixed, transparent fees
We give you a clear quote upfront. What we quote is what you pay.
Free, confidential consultation
We offer an initial consultation at no cost and with no obligation to proceed. Our licensed IPs help you understand your options and make an informed decision without any pressure.
Find out more about how a CVA works or get in touch to speak to one of our licensed insolvency practitioners today.