London Paddington Company Insolvency Help
Welcome to the London Paddington office of UK Liquidators where we have a dedicated team of licensed insolvency practitioners, business rescue experts and liquidators well-placed to help any company directors in need of expert support.
Directors can contact our London Paddington office anytime to arrange a FREE consultation during which our experts will aim to understand all the fundamental issues and challenges being faced.
No two companies or liquidation scenarios are precisely alike and we always focus on finding the most appropriate way forward for individual directors and their businesses. We always deliver concise and straightforward guidance that gets to the heart of the matters at hand.
Where liquidation is the best option available, we can provide a clear outline of how these processes might unfold and explain the distinctions between different forms of liquidation.
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 .
The most common route to company closure will see an unhappy creditor petition to have a debtor business closed because it has become insolvent and unable to settle its outstanding liabilities. Such a situation will typically lead to the issue of a winding up petition and then a process referred to as compulsory liquidation. This form of liquidation will lead to an investigation by the Official Receiver and consulting with a licensed insolvency practitioner is essential in this context.
Creditors’ Voluntary Liquidation (CVL) processes are preferable to compulsory liquidation and they essentially involve a company director taking steps to wind up their own company and we can help throughout under these circumstances.
A third form of liquidation is designed for use in relation to solvent companies and is called a Members’ Voluntary Liquidation or an MVL, which typically proves the most tax-efficient means of liquidating a solvent business. Here again we at UK Liquidators can help companies and their directors understand all their options.
UK Liquidators also has an office in London Bank street which you may find more convenient.
