Inter company debt
I have two companies, Company A and Company B (both limited companies with the same directors)
Company A has a lot of debt and I need to liquidate the company in the next few months as the company will soon be insolvent
Company B owes company A money and I did not want company B to be liable to Creditors of company A when company A is liquidated.
Can I write off company B's debt to company A before I liquidate company A?
A fast response would be much appreciated
All the best