Welcome to the Stoke-on-Trent office of UK Liquidators, part of our network of over 100 offices across the country. We offer company liquidation and turnaround advice to limited companies in financial distress and a free consultation to business owners looking to close their company due to creditor pressure, cash flow problems and company debts.
If your business can be rescued using a formal restructuring process, our insolvency specialists can advise you on a suitable route. If you can no longer afford to pay creditors, your business may be at risk of facing legal action from creditors, such as a winding up petition. If a winding up order is granted, your business could be forced into compulsory liquidation.
If your business is insolvent, you can voluntarily close your limited company by entering a Creditors’ Voluntary Liquidation (CVL) under the guidance of a licensed insolvency practitioner. During a CVL, company assets will be liquidated to realise asset value and raise funds to pay creditors. Taking the voluntary company liquidation route can give you more control over the company liquidation process compared to compulsory liquidation.
If you are looking to close a solvent company, a Members’ Voluntary Liquidation (MVL) can help you bring your company to an end and distribute retained profits in an efficient manner. You may also be able to take advantage of Business Asset Disposal Relief, formerly known as Entrepreneurs’ Relief.
Our Stoke-on-Trent team offer a free consultation to company owners considering company closure options.
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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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