Shaun Barton
Partner
"The first phone call is always the hardest. My job is to make sure that from the moment a director gets in touch, they feel listened to, informed, and supported."
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The UK Liquidators Fareham office supports our wider network of over 100 offices across the country and the South Coast, including in Southampton and Portsmouth. Our dedicated team in Fareham offer company liquidation services to limited company directors looking to close their business. We offer a free consultation to help you understand your options and recommend ways to maximise value during the company liquidation process.
If you owe money to creditors and you are unable to reach an agreement, your business may be exposed to serious legal action, such as a winding up petition. If granted by the court, a winding up order could lead to compulsory liquidation. If you act early, you may be able to rescue your business, however, seeking advice as a final resort could limit the options available to you.
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 wish to voluntarily close your limited company, a Creditors’ Voluntary Liquidation (CVL) is a formal insolvency procedure that may be suitable. A licensed insolvency practitioner will be appointed to manage company assets and raise funds to repay creditors. The insolvency practitioner will aim to maximise value during the process to protect creditor interests and any remaining debts may be written off. Your company will then cease trading and be removed from the Companies House register.
Closing a viable limited company consists of distributing retained profits to creditors. If your business is cash-rich, solvent, and therefore able to settle liabilities within 12 months, a Members’ Voluntary Liquidation (MVL) may be appropriate. An MVL is a formal liquidation process suitable for healthy businesses with retained earnings of £25,000 or more for the route to be cost-efficient.
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Liquidation can feel overwhelming. Our team have helped over 25,000 directors through the process, and they’re here to guide you every step of the way.
Partner
"The first phone call is always the hardest. My job is to make sure that from the moment a director gets in touch, they feel listened to, informed, and supported."
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Insolvency & Restructuring Expert
"Directors often wait too long before seeking advice. The earlier you call, the more options remain available to you — and the better the outcome for everyone involved."
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Licensed Insolvency Practitioner
"Whether it's HMRC pressure, creditor demands, or simply not knowing where to turn, I work with directors to find the best way through, step by step."
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Licensed Insolvency Practitioner
"Directors often feel like they've run out of options. My job is to show them that's rarely the case, and that taking control of the situation now is always better than waiting."
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