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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.