Low-Cost Limited Company Insolvency Experts
Our Bromsgrove office of UK Liquidators is managed by an expert team of licensed insolvency practitioners highly skilled in advising company directors on business turnaround and exit strategies. We offer a free consultation to limited company directors looking to formally close their solvent or insolvent limited company.
We have over 100 offices across the country, including our dedicated office in Bromsgrove which serves the wider Worcestershire area, in addition to our offices in Worcester and Birmingham. If your business is experiencing serious legal action from creditors in the form of a winding up petition, your business may be forced into compulsory liquidation. If this is unavoidable, the UK Liquidators Bromsgrove team will assist you throughout the process.
If you wish to liquidate your financially distressed business, a Creditors’ Voluntary Liquidation (CVL) is a formal insolvency procedure that can help you actively raise funds for creditors. A licensed insolvency practitioner will help you maximise value, settle creditor debts and voluntarily close your business. A CVL is typically the end-result of an accumulation of debts, having exhausted the possibility of rescue.
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 .
If you are looking to liquidate your solvent limited company and distribute retained profits in a cost-efficient manner, a Members’ Voluntary Liquidation (MVL) may provide a suitable solution. This route is designed for cash-rich businesses with reserves of £25,000 or more for the MVL to be cost-effective. The business must be solvent and therefore able to settle liabilities within 12 months.
If you act early, you may be able to explore rescue options. The UK Liquidators Bromsgrove team will advise you on your options and help you arrive at a suitable solution.
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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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