This was a limited company operating in Poole that had been incorporated by the directors three years ago although it had been trading as a successful partnership for many years.
The business and demand for this type of product had fallen and the managing director, who worked ‘on the tools’ realised he could make a better living, with less stress, if he got a job and closed the company.
By the time he called me he already knew he wanted to go into Liquidation.
We helped with all the papers to put the company into Creditors Voluntary Liquidation. We organised an auctioneer to sell all of the spares and parts built up over 30 years in an onsite auction with the aim of realising the best return for creditors.
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