Gateshead Company Insolvency Help
Licensed Insolvency Practitioners

Why Choose Us?

  • Same day meeting
  • 100% confidential
  • Stop HMRC & Creditor Pressure
  • UK's No.1 for Liquidations
  • Over 1000 Liquidations Every Year
  • Free Director & Staff Redundancy Assessment
75 UK Offices

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jonathan-munnery

Jonathan Munnery
Insolvency Expert

Tel: 0800 063 9262

UK Liquidators has offices across the country and each of them are staffed by teams of highly experienced specialists in corporate insolvency, liquidation and business recovery.

You can contact your nearest UK Liquidators office any time to arrange a FREE initial consultation and we will always be happy to help. If you are based in Gateshead then your nearest office will be in Newcastle but we also have a base on Teesside.

Our experts work closely with company directors throughout Gateshead, Newcastle and the wider North East region and we can certainly help if you’re based anywhere on Tyneside.

Our aim as advisors to company directors whose businesses are in financial trouble is primarily to provide as much clarity as possible and to answer any questions our clients have as straightforwardly as we can. As advisors, we able to bring to bear the highest levels of relevant expertise and experience in the interests of our clients.

There are several different forms of liquidation in operation in the UK and it can be very important to understand the distinctions. Compulsory liquidation is the most common form across the country and it usually happens because a creditor has pursued a debtor company through the relevant legal channels – namely a winding up petition – and the recipient cannot settle its debts.

Compulsory liquidations are always investigated by the Official Receiver, which can be stressful for company directors. It’s generally advisable to enter your company into liquidation voluntarily via a Creditors’ Voluntary Liquidation (CVL) if you have the option because, as a director, you can maintain a much greater degree of control over what happens.

Another form of liquidation potentially worth knowing about is Members’ Voluntary Liquidation (MVL), which is a tax-efficient way to liquidate a solvent business.

We operate across Gateshead, Newcastle and Tyneside, so if you work in the vicinity and need advice on any insolvency or liquidation-related issues then UK Liquidators are very much the right people to call.

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Client Testimonials

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BrianConstruction , Gateshead
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. They also referred me to a company that would investigate my claim for director redundancy and I was surprised to learn I was eligible for £14,500 which was paid to me within several weeks.

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PaulRecruitment MD, Bristol
I am the MD of three separate companies within a subsidiary but one business was dragging the other two down. I needed to work out the most tax-efficient way of closing the struggling company but due to the complex nature of our company structure, our accountant was unable to advise. Thankfully, UKLiquidators took control of the situation and we were delighted with the outcome. They allowed me to pay for the liquidation upon completion as I was awaiting a significant director redundancy payment which both my wife and I were due as managing directors. If it wasn't for UKLiquidators, I wouldn't even have known about director redundancy and they pointed me in the right direction.

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