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Welcome to the Winchester Office of UK Liquidators which is managed by our partner-led team to deliver renowned company rescue and liquidation solutions. The Winchester team are on hand to provide confidential advice if you are considering closing your limited company. We offer a free consultation to help explore the liquidation options available to you and determine the future of your business.
If your business is experiencing serious cash flow issues and is unable to repay creditors, your business may be exposed to legal action from creditors. Following numerous failed attempts to recover money, creditors may launch a winding up petition. If a winding up order is granted by the court, your business will be forced into compulsory liquidation.
If your business is slowly deteriorating following cash flow shortfalls and can no longer maintain essential payments, you may consider entering a Creditors’ Voluntary Liquidation (CVL). Entering a CVL under the guidance of a licensed insolvency practitioner consists of raising funds to repay creditors, leading to the closure of your business. A CVL can help bring your affairs to a close and settle creditor debts.
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 wish to close your profitable limited company as the business no longer serves a purpose or has naturally reached the end of its lifetime, a Members’ Voluntary Liquidation may be suitable. For this route to be cost-effective, you will need to have retained profits of £25,000 or more. A licensed insolvency practitioner will manage the company liquidation process to ensure that any outstanding affairs are settled and closed.
The UK Liquidators team in Winchester are highly experienced in the recovery and closure of businesses. We also have nearby offices in Southampton, Reading and Portsmouth.
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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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