Category: Liquidation

Rescue Or Liquidation? How To Decide What Is Best For Your Business

If your business gets into financial difficulty then you will only have two options, try to save it or allow it to go into liquidation. So how do you decide which option is the right one?   The route you decide to go down depends a lot on the circumstances surrounding the financial difficulties you find…




What Happens Following The Liquidation Limited Liability Company

One of the advantages of being a director of a limited liability company is that when the company is liquidated you will not face the same risks as directors of companies that don’t have this status.   In fact there may even be cases where a director can claim a redundancy payment if they are on…




Liquidation – What Choices Do You Have?

When it comes to company liquidation you will have two choices, voluntary or involuntary. The latter points towards a lack of control over the process and essentially this will be the case during proceedings.    So the reality is your choices are limited to some extent and whether one or the other applies to your company…




Why Liquidation Doesn’t Always Mean The End Of Your Business

Liquidation, it’s a word most business owners dare not think about let alone contemplate but having your business go into liquidation doesn’t always mean the end of everything you hoped to achieve. While there are many steps before a business is closed, liquidation means there is no going back for a company as its assets…




When Liquidation Marks The End of The Road

Much has been written about the sad loss of BHS,  one of the UK high street’s most recognisable stores but only now has the final nail been hammered into the coffin. While you would be forgiven for thinking that BHS met its end months ago, the company had been in administration while a better deal…




How Much Does Going Into Liquidation Cost?

Worrying about how much liquidation will cost is not uncommon and only adds to the stress of those who own businesses is financial difficulties. Going into liquidation is certainly the lesser of two evils when compared to bankruptcy even if there are costs involved in the procedure. Knowingly trading while insolvent could result in much…