Company description
Welcome to UK Liquidators, the UK’s largest firm for company liquidations. With over 25 years’ experience of assisting directors in voluntarily closing down their limited companies, and over 70 offices located up and down the country, we are perfectly placed to help you and your company regardless of its current position.
Whether your company is solvent or insolvent, ensuring it is closed in an orderly manner and in accordance with the latest regulations is of paramount importance. If your company is insolvent, you have various responsibilities towards your creditors during this time; seeking the advice of a licensed insolvency practitioner will ensure they are treated fairly.
For solvent companies, opting for a formal liquidation procedure as opposed to striking the company off, could be a much more tax-efficient and cost-effective way of closing the business.
If any of these debts strike a chord with you and you feel ‘in over your head’ with escalating liabilities, liquidation may be the best route forward before matters get worse. Remember, as a company director you have a duty of care not to worsen the position of your creditors and you should cease trading as soon as possible if your business is steadily losing money with no realistic prospect of the situation improving.
