Company liquidation is a formal way of bringing about the end of a business. The most common type of liquidation procedure is a Creditors' Voluntary Liquidation (CVL) which is used to close down insolvent companies. All outstanding creditors will be dealt with as part of the process giving distressed company directors a fresh start away from the stresses associated with an underperforming business.
Details of any company's financial situation and any personal details provided are confidential as part of this online process.
A company can only be placed into a CVL under the guidance of a licensed insolvency practitioner. They will begin by assessing your company's financial situation and advise whether liquidation is an appropriate course of action for you and your business. If liquidation is deemed to be the sensible option, you will appoint the insolvency practitioner and they will begin the process of placing your company into a CVL. You can the first step today by completing our Online Liquidation Assessment.
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