At Menzies, we help business owners, shareholders and corporate groups unlock value and reduce complexity through solvent restructuring and corporate simplification services. Whether you’re planning a shareholder exit, streamlining a group structure, or returning capital in a tax-efficient way, we provide clear, commercial advice tailored to your business goals. 

What is Solvent Restructuring & Corporate Simplification?

Over time, many businesses build up complex group structures – often the result of acquisitions, legacy trading, or geographical expansion. While this growth is often necessary, it can leave behind a web of dormant subsidiaries, legacy entities or outdated arrangements that can lead to increased compliance costs, governance challenges, and inefficient use of capital.

We help businesses identify opportunities to simplify their structure by winding down companies that are no longer needed, redistributing surplus assets, and unlocking efficiencies through corporate reviews and a range of processes including Members’ Voluntary Liquidations (MVLs), Section 110 reconstructions and managed wind downs leading to MVLs or Dissolutions, which are all carefully managed to maximise tax efficiency and minimise regulatory and other disruption.

Our Approach

Our team of restructuring and tax professionals take a hands-on, end-to-end approach. We work closely with business owners, CFOs and legal advisors to ensure the process is seamless and efficient.

We can support you with:

Group Structure Reviews

We start with a detailed review of your existing corporate structure to identify inactive or non-essential entities, assess tax implications, and recommend a tailored simplification strategy.

Members’ Voluntary Liquidations (MVLs)

An MVL is a formal process used to wind up a solvent company. We act as liquidators, working closely with shareholders and directors to settle liabilities, distribute surplus assets, and ensure full compliance — all in a tax-efficient and timely manner. Visit our MVL page for more information.

Section 110 Reconstructions

For more complex reorganisations — such as splitting group companies, separating trading divisions, or preparing for sale — we deliver Section 110 reconstructions that support strategic change while maintaining tax efficiency.

Tax Planning and HMRC Clearance

Tax is a key consideration in every corporate simplification. Our in-house tax experts provide proactive advice and can assist with all aspects of the Tax Step Plan. Our team handle all HMRC clearance applications, ensuring you maximise use of available reliefs while remaining fully compliant.

When to Consider Solvent Restructuring & Corporate Simplification

You may benefit from our services if you are:

  • Holding dormant or non-trading companies within your group
  • Planning a business sale, succession, or shareholder exit
  • Looking to return surplus capital in a tax-efficient way
  • Restructuring after a merger, acquisition, or refinancing
  • Preparing for investment, IPO, or group refinancing

These services help ensure your group remains commercially agile, tax-efficient, and aligned with your long-term objectives.

Our team combines technical expertise in solvent liquidations, corporate tax, and restructuring with a deep understanding of commercial priorities.

We will provide you with:

  • A joined-up service of specialists in MVLs and tax planning
  • Years of experience managing group simplification projects across the UK
  • A commercial, pragmatic approach to timelines, costs and compliance
  • Full HMRC clearance support and post-transaction filing management
  • A personal, partner-led service with ongoing strategic input

Our aim is to help you achieve a clean, efficient outcome that supports your wider business strategy.

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