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Group Structure Simplification

In August 2012 we were asked to advise the directors of a group consisting of no less than 17 companies, 2 of which were registered in Hong Kong. Following the close down of the Hong Kong companies we undertook the solvent winding up (MVL) of 8 of the UK based companies and as a result streamlined the group down to 7 companies.

The 7 liquidations resulted in a significant return of capital to the remaining companies with the further benefit of the restructure being a drastic reduction in future compliance costs.  

Solvent Liquidation (MVL) Group Restructure

Group Companies Restructure

Byrne Associates have been accredited with their licensing body, ACCA's Quality Checked status in recognition achieving the Industries highest standards ACCA

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