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Company Liquidation

Liquidation is the process of closing a business and selling the assets of the company to pay back its debts (they are called creditors). Getting a company into liquidation usually takes 8 to 14 days.

Once  in liquidation the company’s bank accounts is frozen, the directors powers end and the company stops trading. 

Click on the following articles to find out more about the different liquidation options available to businesses.

Just a quick email to say a heartfelt thank you for your very calm, considered, expert advice regarding my circumstances on Tuesday. Things looked bleak before you explained my options much more clearly, in simple layman’s terms.
Rob Elliott (14th December 2021)

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David Kirk

Licensed Insolvency Practitioner