Sheffield Company Insolvency Help
Welcome to the Sheffield office of UK Liquidators, which is a staffed by a dedicated team of licensed insolvency practitioners, liquidators and business rescue experts.
We work with company directors whose businesses are facing financial difficulties and potentially the prospect of becoming insolvent. If your business can be rescued then we can advise you on putting a viable recovery plan together. On the other hand if insolvency is unavoidable then we can provide expert guidance on a full spectrum of insolvency and liquidation scenarios.
Company directors are invited to arrange a FREE initial consultation with us at our Sheffield office during which we can discuss the details of the circumstances being faced and outline some potential routes forward. Leading a business whose future is in doubt is not an easy position to be in and having a clear understanding of the options available can be very important.
Worried about your Bounce Back Loan?
If you are a limited company director worried about how you are going to repay your Bounce Back Loan, we are here to help. As licensed insolvency practitioners we can talk you through your options when it comes to repaying your outstanding Bounce Back Loan, as well as handling all negotiations with creditors on your behalf. Call our team today on 0800 063 9262 .
The most commonplace form of liquidation in the UK is compulsory liquidation, which will usually come about as the result of an unhappy creditor pursuing their debts and issuing a winding up petition. These circumstances may involve scrutiny from the Official Receiver, which can make life difficult for directors.
An alternative to compulsory liquidation is what’s called a Creditors’ Voluntary Liquidation (CVL), which involves directors understanding that their business is insolvent, taking control of the situation and voluntarily entering their company into liquidation. Another means of winding up a company is referred to as being a Members’ Voluntary Liquidation (MVL) and this tends to be the most tax-efficient method of liquidating a solvent business.
Experts at the Sheffield office of UK Liquidators can advise on any form of liquidation or insolvency.
UK Liquidators also has further offices located in Yorkshire & Humberside in Bradford, Doncaster, Huddersfield, Hull, Leeds, Scunthorpe and York which you may find more convenient.
