Is there an agreed upon formula for calcuating the value of a insolvent company that has gone in creditors voluntary liquidation ?
Let's say they have X creditors, have Y assets, Z unrealised debitors, and turnover of T, and a loss of L last year.
Something very rough would be useful.
Of course there's the matter of will all the Zs pay and are the Ys worth Y in a distress sale?
Irrelevent to the calculation.
Tim
ah I see,
sorry, I mis-understood what you were asking.
oops,
Tim
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