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BUSINESS SERVICES

Spot On offers the following business services to our clients:

Click on one to learn more

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Businessman holding briefcase, close up
Businessman holding briefcase, close up

BUSINESS START UP

Spot On offers the cost beneficial services to new startup businesses. We offer the following services:

  • Registration & de-registration of companies (limited/unlimited/ guarantee/offshore etc) and partnerships

  • Business trademark registration in UK and Europe

  • Company Secretarial

  • Company Acquisitions

  • Dormant Company Services

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IMMIGRATION SUPPORT SERVICES

  • Immigration Applications          - Indefinite Leave to Remain (ILR) 

       - New points-based system

       - Entrepreneur

       - Investor

  • Visa Applications 

  • Home Office Enquiries

  • Earnings Certification

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FINANCE

  • Bank Relationships

  • Commercial Loans Support 

  • Company Pensions

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BANKRUPTCY & LIQUIDATION

You can apply for bankruptcy if you can’t pay back your debts. As well as applying for bankruptcy yourself, someone else you owe money to e.g. creditor, can apply to make you bankrupt, even if you don’t want them to. For a creditor to make you bankrupt, you must owe at least £5,000.
Pros

  • You can make a fresh start, after a year of bankruptcy order

  • Creditors will not be able to take legal action following a bankruptcy order

  • The money you owe can usually be written off

  • You can keep certain things, like household goods and a reasonable amount to live on

Cons

  • You need to pay fee for bankruptcy application

  • Your credit rating will be affected for six years making it difficult for you to take credit.

  • If you own home, car and luxury items, it might have to be sold

  • If you are able to get your pension savings, these might be taken

  • If you own a business it might be closed down and the assets sold off

  • Going bankrupt can affect your immigration status

  • If your income is high enough, you’ll make payments to creditors for 3 years


Spot On offers various services related to bankruptcy:

  • Preparation and submission of bankruptcy application

  • BRO hearing support

  • Dealing with official receivers on your behalf

Liquidation is a method to close the UK limited company. At the start of the process, the company is prevented from trading. The assets of a company are turned into cash and paid first to creditors and then to the company owners. The company becomes insolvent if cash is not enough to pay the creditors. If creditors are paid in full thenthe company remains solvent.


Spot On offers end to end assistance to clients in the liquidation procedure