Corporate Simplification & solvent liquidations (MVLs)

Delivering leaner group structures, returning capital and eliminating entities

Our specialist team helps clients achieve a leaner corporate structure, return capital in a tax efficient and cost-effective way and eliminate entities no longer required.

Do you have value trapped in your group structure, complex intercompany balances or high compliance costs due to redundant dormant entities?

Do you need to return capital to investors in a tax efficient way due to a business sale/refinancing?

Are you winding down operations and need to ensure all matters are identified and dealt with efficiently?

Our team is committed to help clients deliver efficient group structures, return capital in a tax efficient way and exit businesses no longer required

Highly experienced team

Our dedicated team focuses exclusively on corporate eliminations, both in the UK and internationally, with deep technical capability and sector expertise

Proven methodology

Collaborative, flexible approach with well developed tools and processes ensuring issues are identified and resolved resulting in efficient corporate eliminations

Specialist tailored support

Our team includes tax, accounting and company secretarial experts, with specialist legal support, to ensure effective and efficient project delivery

Sean Croston

Partner

Why Grant Thornton

Our Corporate Simplification Group helps organisations of all sizes to streamline their corporate structure, simplify intercompany balances, creating transparency and helping to release value for shareholders.

Our extensive experience of assisting clients with global simplification projects enables us to deliver solutions to all types of cross-border assignments.

We support Private Equity investors to realise timely and tax efficient returns, and eliminate legacy corporate structures, by use of the solvent liquidation process.

If you are an owner managed business looking to exit the business and realise your investment, we have a proven track record in returning in excess of £1bn of assets a year to shareholders.

We have been extremely impressed with the team and consider we get good value for money for the service they provide to us. They have been very efficient, professional, competent, responsive and handled the work with no fuss and in a timely manner. In addition, GT have been very easy to deal with, and the team members have been a pleasure to work with and great advocates for GT. We would absolutely and without hesitation recommend working with GT.

Large Multinational Insurance Group

The challenge

The group identified approximately 80 UK entities, 15 Irish entities, and 4 Dutch companies requiring elimination through a solvent liquidation process as part of a wider group restructuring project.

The solution

The group created its own pre‑liquidation review programme and sign‑off procedure. We reviewed and amended the framework to ensure the proposed liquidator and sufficient information while maintaining efficient and cost‑effective process.

The result

The project is ongoing. To date, over 200 UK companies have been placed into liquidation, along with 4 Irish and 2 Dutch entities, demonstrating substantial progress in the group’s restructuring efforts.

Get in touch with our experts

Stuart Preston

Partner, Practice leader for Scotland

Aberdeen, Glasgow, Edinburgh Office

Sean Croston

Partner

London Office

David Gregory

Director, Head of Restructuring and...

London Office

Julian Berry

Associate Director

Leeds, Birmingham, Liverpool, Manchester, Office