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Business Liquidation

Liquidation can be a commercial choice but, can also have serious impacts for directors. Scroll down to find out more about the best approach and how to protect yourself during liquidation.

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Should You Liquidate Your Company?

Liquidation is the process by which directors agree to formally close their business and remove it from the company register. Depending on the current financial situation, this can take the form of a Members’ Voluntary Liquidation (MVL) for solvent companies…
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Compulsory Liquidation: Everything Directors Need To Know

When a company can no longer pay its debts, creditors can issue a winding-up petition against the business. If unchallenged, this will see the company forced into liquidation. You can avoid it, but this requires swift action to prevent the…
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