Our family-run construction firm had enjoyed a good run since the 1980s but with margins squeezed tighter than ever before and a saturated marketplace, we began to struggle. We also had a key supplier that went bust leaving us with major problems. We decided we needed to liquidate as cash-flow was steadily decreasing and creditors were chasing. UKLiquidators handled the CVL and enabled us to write off our debts. I was surprised to learn I was also eligible for £14,500 in director redundancy.