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UK Liquidators provides expert guidance and advice to company directors whose companies are facing financial peril and the prospect of insolvency. We have offices across the country and help people nationwide to understand fully their options with regard to all forms of insolvency or liquidation.
We have several offices in close proximity to Bromsgrove in Worcestershire and if you’re based in or close to the town and in need of advice then we will be happy to hear from you. You can arrange a FREE and confidential consultation any time simply by calling your nearest UK Liquidators office.
We have bases in Worcester, Birmingham, Northampton and Hereford. Each of these offices are staffed with very experienced professionals and insolvency practitioners with a huge wealth of experience in the field. We can help whatever your situation might be, including if it’s possible to turn your business around without the need for entry into liquidation or any form of insolvency.
In the UK, the most commonplace form of liquidation is compulsory liquidation resulting from the pursuit of a winding up petition on the part of a company’s creditors. This scenario precipitates an inquiry by the Official Receiver and is generally best avoided where possible. An alternative is what’s called Creditor’s Voluntary Liquidation (CVL), whereby a company director takes their own business into liquidation on a voluntary basis. A CVL has the advantage of leaving control over the situation in the hands of directors themselves rather than their creditors.
A further form of liquidation commonly used in the UK is called a Members’ Voluntary Liquidation (MVL), which is a means of liquidating a solvent business in a tax efficient fashion.
If you’re based in or close to Bromsgrove and in need of advice on insolvency or liquidation then UK Liquidators can help. Contact us any time to discuss your situation in detail.