When a company's directors resolve to initiate the liquidation process this is typically referred to as a voluntary liquidation. In most cases the directors will utilise the assistance of a licensed insolvency practitioner to act as liquidator. This service typically costs between £4000 and £6000 + vat, but that price would cover the cost of calling the meeting of creditors and preparing the statement of affairs and section 98 reports. We have an extensive network of 75 offices offering confidential director support across the UK.
If you have questions regarding liquidation fees, or any other matters related to insolvency, feel free to send us an email or call us on 0800 644 6080. We’ll provide a free consultation during which we’ll help you devise an ideal course of action and offer confidential advice that could save your business.
17th April 2019
HMRC applied to see more than 4,000 UK companies closed down over the course of 2018 and is being too aggressive in its pursuit of tax-related debts.Read More
12th April 2019
British high streets saw the sharpest rate of net store closures on record over the course of last year, according to a new set of figures.Read More