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Liquidation is the process of closing a business and selling the assets of the company to pay back its debts (called creditors). Company liquidation can take a varying amount of time to achieve, depending on the exact situation and volume of assets the company has.

We appreciate this is a very stressful time for you and probably not something you’ve done before. We make sure we help with:

  • Carefully listen to what you have to say.
  • Advise you on the possible options open to you.
  • Recommend one of those options – which may mean liquidation.
  • Help and talk to any creditors or employees who are pressurising you.
  • Talk in plain language and clearly tell you the costs.

In a business liquidation, the company’s bank accounts are frozen, directors powers are removed and the company stops trading. So it is a very important decision.



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


With 25 years' experience of dealing with insolvency
we know its important for us to put you first.
Find out how we
can help you

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