Trustpilot

Associated Dissolution
This tab shows where a director in charge of the company you are evaluating has experienced unsuccessful ventures in other businesses where they hold leadership positions. This history sheds light on the way the company is managed and the individuals who are leading it. Frequency of closure and type of closure will affect the health score.
Administration 
 Administration is a legal and financial process for struggling companies facing financial issues. An administrator takes control to aid recovery by reorganising finances or selling assets to repay debts. It prevents total closure, benefiting both the company and creditors. 
Corporate Voluntary Arrangement (CVA) 
 Corporate Voluntary Arrangement (CVA) is a legal deal for struggling companies. It lets a company restructure debts with the creditors’ agreement. Managed by an insolvency practitioner, it allows the company to keep operating while repaying debts over time. 
Receivership 
 Receivership is when a person called a ‘receiver’ takes control of a financially troubled company’s assets and operations. The goal is to sell assets to repay creditors. It’s a way to recover value of creditors when a company can’t meet its financial obligations. 
Liquidation 
 Liquidation is the process of closing a company permanently. It involves selling assets to pay debts. There are voluntary (chosen by owners) and involuntary (forced by creditors) types. It’s the end of the company, settling its finances and distributing remaining value. 
Voluntary Strike Off 
 Voluntary Strike Off is a chosen process where a company decides to be removed from the official records after fulfilling specific conditions. It’s used when a company is inactive, debt-free, and its stakeholders agree to dissolve it, reducing administrative burdens.