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Plymouth Company Insolvency Help

The Plymouth office of UK Liquidators forms our wider network of over 100 offices across the country and the South West of England, including Truro and Exeter. Our Plymouth office is supported by an expert team of licensed insolvency practitioners skilled in providing company restructuring and liquidation services. We offer a free consultation to limited company directors looking to close their limited company and explore their options. 

If you have been issued a winding up petition, this is a serious threat against your business which will lead to compulsory liquidation. Creditors are likely to take this route as the last resort if you are unable to arrive at an agreement or settlement. By taking action to recover outstanding funds, a winding up petition is a declaration to the court that your business has run out of cash and is therefore insolvent.

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 .

A Creditors’ Voluntary Liquidation (CVL) is a formal insolvency procedure for insolvent businesses. If you are no longer able to meet financial commitments and keep on top of company liabilities, you may decide to voluntarily close your limited company. During a CVL, a licensed insolvency practitioner will be appointed as company liquidator. The liquidator will be responsible for selling company assets to generate funds to repay creditors. Once completed, your business will cease trading and removed from the Companies House register.

A Members’ Voluntary Liquidation (MVL) is a formal liquidation procedure for solvent businesses. As a company director, you may decide to liquidate your viable limited company for several reasons, such as retirement, to focus on alternative interests or because your business has reached the end of its lifetime. An MVL can help you distribute funds to shareholders in an efficient manner.

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Your Local Liquidator
Michael Hall
Insolvency & Restructuring Expert
UK’s Largest Insolvency Practitioners - No.1 For Company Liquidations
01752 648 292
Monday to Sunday 8am – 6pm
Plymouth Address
4F, Salt Quay House, 6 North East Quay, Sutton Harbour, Plymouth, Devon, PL4 0HP
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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.

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Jonathan Munnery

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"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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Julie Palmer

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"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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