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 72 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.
14th February 2019
The bakery chain business Patisserie Valerie has been acquired out of administration by an Irish private equity firm called Causeway Capital Partners.Read More
13th February 2019
The department store operator Debenhams has secured access to a £40 million credit facility that should help it cope with the pressures of its ongoing funding crisis.Read More