Take the 2 minute online assessment.
Take the 2 minute online assessment.
Direct about insolvency, Direct about your insolvency options, Direct about Fees.
1. Two Minute Assessment
Is Liquidation the right option for your Company? Work through our liquidation wizard to get a quote for liquidating your company.
2. Initial Questionnaire and Phone call
One of our team will arrange a phone call with you to discuss the proposed liquidation in plain English, and to complete an online basic information questionnaire. All telephone calls and information provided are treated in the strictest of confidence.
3. Liquidation meetings/correspondence can be in person or by telephone/video call
A straightforward process using online forms, emails, physical meetings, phone calls, post and courier as appropriate.
4. We Handle the Paperwork — You Focus on Moving Forward
Work with our team of experts to complete and return the required documentation to commence the liquidation process.
Direct about Company Liquidation
Putting your company into liquidation
A company operates under the control of its directors. When it is insolvent (either its assets are less than its debts and/or it is unable to pay its debts), its directors can call a meeting of the company’s members to consider resolutions to wind up the company and appointing Insolvency Practitioners as liquidators of the Company. Once such resolutions are passed then the company is in liquidation.
On appointment of a liquidator directors powers cease and you will then have no authority to deal with the company’s affairs or assets. Directors’ duties however remain in force until the company is dissolved, following the end of the liquidation.
Direct about Insolvency to Directors
Insolvent company – director in the firing line?
Insolvency legislation does not prevent a director of a company in liquidation acting as a director of another company or companies as a result of the company entering liquidation. Liquidators are however required by law to submit a report a report to the Insolvency Service, covering all persons who were directors or shadow directors of the company at any time during the three years prior to the date of liquidation, who could prevent you acting as a director in the future.
Exclusive Online Prices
Advice and assistance is provided to the board of directors in relation to the winding up of the company’s affairs
Our systems ensure that the correct legal steps are taken to commence the liquidation process.
We provide a streamlined process at a fair price without cutting corners.