What is a Pre Pack and when can it be used? How to start a Pre Pack. The costs involved. The affect on Directors and Employees.
The key Advantages and Disadvantages of the Pre Pack solution for a company and its directors.
How are employees affected by Pre Pack Liquidation? Will they be transferred to the new company and under what terms? Will jobs be at risk?
The affect a Pre Pack on a Directors Loan Account. Options for repaying Loan Accounts. What is the alternative if they cannot be repaid?
Can HMRC stop a Pre Pack from being implemented? Will a VAT Security Deposit be required. What does it cost and can it be avoided?
What happens to company debt in a Pre Pack? Are the Directors liable? How can it be funded? Does the new company need VAT Registration?
Can an existing Property Lease be renegotiated during a Pre Pack? Could the new company relocate? What if the old company owns the premises?
How is vehicle finance affected by a Pre Pack? Can the new company take it over? Purchase of the vehicles. Affect on Directors guarantees.
What are the perceived problems with a Pre Pack? What are the benefits? Do Directors avoid investigation?
How can you recognise a Zombie Company? What risks will these companies face as the economy improves? Options for rescuing a Zombie Company.