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UK Liquidators is the country’s leading provider of business rescue expertise and advice on all forms of liquidation process. We provide specialist support for company directors across Yorkshire and our teams of licensed insolvency practitioners are available to advise anyone in need of assistance in the Barnsley area.
Our nationwide network of operating bases includes offices in Leeds, Huddersfield, Hull, Sheffield, York, Bradford and Doncaster.
We offer FREE face to face consultations to anyone who may need guidance in dealing with a financial crisis at their business. Our aim is to understand the fundamental problems your company is facing during this initial consultation and to work with you in deciding upon a plan of action going forward.
At UK Liquidators we’ve supported hundreds of Yorkshire-based businesses and helped them to recover without the need for liquidation proceedings. But if liquidation becomes unavoidable then our experts are exceptionally well-placed to offer all and any guidance that might then be required.
The most common route to liquidation is by way of a winding up petition, which results when a creditor takes action against a debtor because they believe they are unable to settle their liabilities. When this happens, the situation can lead to what’s called compulsory liquidation, which will lead to an investigation by the Official Receiver.
Creditors’ Voluntary Liquidation or CVL is typically a preferable form of liquidation from the perspective of a company and its directors. Taking a company into liquidation voluntarily enables directors to maintain greater control over the situation.
Another alternative form of liquidation available to anyone considering winding up a solvent business is called a Members’ Voluntary Liquidation or MVL.
At UK Liquidators we can advise on all forms of liquidation and offer the clearest possible guidance. If you are based in or close to Barnsley then contact any of our Yorkshire offices to find out how we can help and to arrange a free consultation.