Sheffield Company Insolvency Help
Licensed Insolvency Practitioners

jonathan-munnery

Jonathan Munnery
Insolvency Expert

0114 209 7641

Welcome to the Sheffield office of UK Liquidators, which is a staffed by a dedicated team of licensed insolvency practitioners, liquidators and business rescue experts.

We work with company directors whose businesses are facing financial difficulties and potentially the prospect of becoming insolvent. If your business can be rescued then we can advise you on putting a viable recovery plan together. On the other hand if insolvency is unavoidable then we can provide expert guidance on a full spectrum of insolvency and liquidation scenarios.

Company directors are invited to arrange a FREE initial consultation with us at our Sheffield office during which we can discuss the details of the circumstances being faced and outline some potential routes forward. Leading a business whose future is in doubt is not an easy position to be in and having a clear understanding of the options available can be very important.

The most commonplace form of liquidation in the UK is compulsory liquidation, which will usually come about as the result of an unhappy creditor pursuing their debts and issuing a winding up petition. These circumstances may involve scrutiny from the Official Receiver, which can make life difficult for directors.

An alternative to compulsory liquidation is what’s called a Creditors’ Voluntary Liquidation (CVL), which involves directors understanding that their business is insolvent, taking control of the situation and voluntarily entering their company into liquidation. Another means of winding up a company is referred to as being a Members’ Voluntary Liquidation (MVL) and this tends to be the most tax-efficient method of liquidating a solvent business.

Experts at the Sheffield office of UK Liquidators can advise on any form of liquidation or insolvency.

UK Liquidators also has further offices located in Yorkshire & Humberside in BradfordDoncaster, HuddersfieldHullLeeds, Scunthorpe and York which you may find more convenient.

Sheffield Address

3rd Floor,
Westfield House,
60 Charter Row,
Sheffield,
South Yorkshire,
S1 3FZ.

Opening Hours

Monday to Friday  09:00 – 17:30

0114 209 7641 (Confidential Advice)
Same Day Meeting
Free Initial Consultation
Confidential Advice

Contact Our Sheffield Office

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Advice You Can Trust

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0800 063 9262
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Email our Team
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Client Testimonials

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BrianConstruction , Gateshead
Our family-run construction firm had enjoyed a good run since the 1980s but with margins squeezed tighter than ever before and a saturated marketplace, we began to struggle. We also had a key supplier that went bust leaving us with major problems. We decided we needed to liquidate as cash flow was steadily decreasing and creditors were chasing. UKLiquidators handled the CVL and enabled us to write off our debts. They also referred me to a company that would investigate my claim for director redundancy and I was surprised to learn I was eligible for £14,500 which was paid to me within several weeks.

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PaulRecruitment MD, Bristol
I am the MD of three separate companies within a subsidiary but one business was dragging the other two down. I needed to work out the most tax-efficient way of closing the struggling company but due to the complex nature of our company structure, our accountant was unable to advise. Thankfully, UKLiquidators took control of the situation and we were delighted with the outcome. They allowed me to pay for the liquidation upon completion as I was awaiting a significant director redundancy payment which both my wife and I were due as managing directors. If it wasn't for UKLiquidators, I wouldn't even have known about director redundancy and they pointed me in the right direction.

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