Hello,
Just wondering what the typical warchest amount is for people who've been contracting for a while (say more than 10 years) , especially in relation to a potential MVL?
I've built up a large warchest over the years and contemplating closing my limited company via an MVL due to the way the market is these days.
Although I'm not sure if having a large amount of retained profits might cause an issue when trying to do an MVL?
Couldn't find any stats on this.
Would be good to gets other people's thought on this who might be in a similar situation.
Thanks
Just wondering what the typical warchest amount is for people who've been contracting for a while (say more than 10 years) , especially in relation to a potential MVL?
I've built up a large warchest over the years and contemplating closing my limited company via an MVL due to the way the market is these days.
Although I'm not sure if having a large amount of retained profits might cause an issue when trying to do an MVL?
Couldn't find any stats on this.
Would be good to gets other people's thought on this who might be in a similar situation.
Thanks
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