New enquiry – Call David or Dan on 0808 1961496 or click on their name to email them a question

Can An Insolvent Company Be Liquidated?

The short answer is yes, that really is what liquidation was designed for. Of course, there are always a number of regulations governing the way in which the process must be handled, however in most cases the process is relatively straight-forward.

What’s Involved In The Process?

Liquidation is a process of appointing a liquidator (they have to be a Licensed Insolvency Practitioner) to close down the company. It means the company stops trading and effectively all the obligations on the directors end (although they have duties to cooperate with the liquidator).

The liabilities of the company only normally get paid from the assets left in the company. There is no obligation for the shareholders or directors to pay off the debts unless they have signed personal guarantees.

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

Latest from Twitter Latest from Twitter


We can't load in our latest Tweet from Twitter right now
Please check back later or visit Twitter

Connect with us on LinkedIn Connect

Receive our email newsletter

Email Newsletter

Enter your details to receive regular updates from Kirks.

Don't worry, we don't use your details for any other purposes so you won't receive spam from any third parties.


Request A Callback

Simply fill out the short form and one of our team will get back in touch with you at your convenience.

Your Name (required)

Your Email

Telephone (only if we should call you)

Best time to call

Nearest town or city?

Please email me