Low-Cost Limited Company Insolvency Experts
UK Liquidators is UK’s leading provider of low-cost company liquidation services, serving distressed company directors across the country, including Brentwood. We take a partner-led approach which allows us to combine our insolvency and business restructuring knowledge and provide a valuable service to company directors in financial distress.
Our Brentwood office is part of our vast network of offices across the UK, including Romford, Ilford and Croydon. We offer a free consultation to company directors seeking company liquidation or restructuring solutions. If your business is out of cash and can no longer maintain company debts, you may need to opt for an insolvency procedure before falling foul of insolvent trading rules. We understand that operating decisively is vital when battling disgruntled creditors. By voluntarily entering the company liquidation process, you can protect creditor interests and close your company.
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 .
As a final attempt, creditors may launch action against debtors if they are unable to recoup outstanding funds. If you are in serious arrears, you may be on the receiving end of a winding up petition. If successful and the Courts grant a winding up order, your business will be forced to liquidate.
If you seek a Creditors’ Voluntary Liquidation, this will be conducted by a licensed insolvency practitioner, however, you are likely to have more control. This route consists of raising funds to repay creditors through the sale of assets. Any remaining debt may be written off during the liquidation process and your company will then be closed.
If you wish to close a solvent and viable business, a Members’ Voluntary Liquidation provides an ideal route which allows you to make a cost-efficient exit, taking into consideration Business Asset Disposal Relief, previously known as Entrepreneurs’ Relief.
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At UK Liquidators, our service is fully partner-led and your case will always be overseen by a fully licensed insolvency practitioner.
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If you are considering liquidation for your company, taking expert advice at an early stage is crucial. At UK Liquidators, our team of licensed insolvency practitioners are committed to providing limited company directors with the help and advice they need to make an informed decision.
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Complete the below to get in touch