Limited Company. This is treated as an individual in its own right with the Directors being charges with making the best decisions for the business and complying with the law for Companies House, HMRC, PAYE etc.
For a Limited company Bankruptcy is not an option but Administration, Voluntary Arrangement, Receivership, Voluntary Liquidation and Compulsory Liquidation are all different ways of dealing with a companies debts.
As a business owner you need clear and accurate advice about which solution is richt for you and your unique circumstances. Reviva UK are well placed to advise you and guide you through the whole process.
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