Sunderland Company Insolvency Help
The UK Liquidators Sunderland office is managed by a team of business recovery and insolvency professionals with vast experience across a wide range of industries. If you are considering closing your limited company, take an informed approach to ensure that you are aware of the available options, protect creditor interests and exit in an efficient manner. Your local liquidator in Sunderland will be able to offer a free consultation to help you explore the options available.
If you are no longer able to fend off creditor pressure as you have run out of money, you may decide to seek a Creditors’ Voluntary Liquidation (CVL). A CVL is a voluntary company liquidation procedure conducted by a licensed insolvency practitioner. During the CVL process, your appointed insolvency practitioner will raise funds to repay creditors. Any remaining debts may be written off and your company will then be removed from the Companies House register upon closure.
The UK Liquidators team in Sunderland will guide you throughout each step of the process and interact with creditors on your behalf during the liquidation procedure. By working alongside UK’s largest company liquidation provider, you can rest assured that we have the experience and knowledge to close your business in a cost-efficient manner and assist during the compulsory liquidation process.
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 are considering closing your solvent limited company, you may wish to explore a Members’ Voluntary Liquidation (MVL) which can help you close your profitable business in a cost-efficient manner. By appointing UK Liquidators, we can assist with capital distributions and check if you may be eligible for Business Asset Disposal Relief, formerly Entrepreneurs’ Relief.
For a free consultation on liquidation options available for your business, contact our Sunderland office or a UK Liquidators office near you.
