Shrewsbury Company Insolvency Help
The Shrewsbury office of UK Liquidators is staffed by a team of highly experienced licensed insolvency practitioners and company rescue specialists. We offer a free consultation to company directors looking to close their limited company or determine if their company can be rescued.
To issue a winding up petition is often the last resort taken by company creditors if they are unable to recover funds owed which can result in your company being forcibly liquidated. Voluntarily entering your insolvent company into liquidation can give you more control over the process and the timeframe.
A Creditors’ Voluntary Liquidation (CVL) is a formal company closure route that company directors can voluntarily enter if their business is insolvent. You will need to appoint a licensed insolvency practitioner who will liquidate company assets to raise funds for creditors. Once creditor affairs have been settled, your company will be closed and removed from the Companies House register.
If you want to close a solvent limited company, a Members’ Voluntary Liquidation (MVL) is a suitable option for businesses with retained profits of £25,000 or over. We will advise you on how to maximise returns when liquidating a solvent limited company and if you can claim Business Asset Disposal Relief.
Our Shrewsbury licensed insolvency practitioners will guide you on how to best close your limited company in a cost-efficient manner and protect creditor interests. To assess the options available to your business, contact the Shrewsbury office of UK Liquidators.
As part of our network of licensed insolvency practitioners across the UK and Shrewsbury, we also have offices in Bromsgrove, Cannock and Birmingham.
