Company Voluntary Arrangement

A structured way to deal with debt and continue trading.

A Company Voluntary Arrangement, formally known as a Company Voluntary Arrangement (CVA), allows a business to reach a binding agreement with its creditors to repay debts over time while continuing to trade. Moorfields helps directors assess whether a CVA is the right route and manage the entire process from planning and proposal through to creditor approval and implementation.

Stay in Control and Protect Value

When cashflow is tight but the business remains viable, a CVA can offer the breathing space needed to recover. It avoids immediate insolvency, reduces creditor pressure and gives directors time to restructure or stabilise operations. Moorfields works with management to build a fair and achievable proposal that creditors can support. We lead negotiations, manage communications and oversee the arrangement to keep everything on track. A CVA is not suitable for every situation but when used correctly, it can protect jobs, preserve relationships and enable a fresh start.

Exploring a CVA?

We’ll assess your position and guide you through the next steps.

A Commercial Alternative to Liquidation

Unlike liquidation or administration, a CVA keeps the business trading and often retains existing management control. It sends a clear signal to creditors that the business is committed to resolving issues and protecting value. Moorfields ensures that the process is transparent, legally sound and commercially viable.