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 55 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.
12th December 2018
Small and medium-sized enterprises (SMEs) across the UK are paying increasingly large sums of money to collect amounts owed to them by their clients and customers.Read More
4th December 2018
The number of independent retailers who closed down outlets during the first half of this year reached a record high level for any comparable period.Read More