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There are times when companies need to be closed. How they are closed are key to where any surplus funds end up. This is important as you could be in for a large windfall if your company has a debtors book that will pay up eventually or you have assets that are taking time to sell.
Be very careful if an advisor pushes you into deciding to liquidate as there may be ways to save your business and all the aggravation that a liquidation might entail.
Also there are a few Insolvency Practitioners that sign up clients for a liquidation when there is a winding up petition in place. Do not pay a fee unless the Petitioning Creditor has consented to the liquidation or you may have wasted the fee.
Directors Circle is not a Licensed Insolvency Practice and we would never want to be one. We Instruct an Insolvency Practitioner on your behalf to liquidate your company from one of our Partner companies, the choice being dependant on your case.
Throughout the process we are there to help you. This is often seen as being invaluable to past clients. Unfortunately, not to all potential clients as they simply see it as an extra fee and not as an immense help that sees them through the unfamiliar process.
Taking on extra help is no different in other sectors. In the case of a Fire, Insurance companies send a loss adjuster to negotiate with you. A sensible victim of the fire would appoint their own person, called a loss assessor to deal directly with the Loss adjuster that is on the side of the Insurance company. It’s just common sense.
Contact Directors Circle for a full and confidential discussion where duty of care is only to you.
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Directors Circle
For
£
/ month
When you run your own business, no matter how many staff that you have, you know deep down that you are on your own. For the pittance of £24 per month that’s tax deductible, you can have a friend by your side.
When your cashflow dips and you can’t pay HMRC or even your wages, we will talk to you for no extra cost, with a sole Duty of Care just to you. Or maybe you just want to talk through a business idea in confidence — we will be there for you.
Enquire nowWhen you run your own business, no matter how many staff that you have, you know deep down that you are on your own. For the pittance of £24 per month that’s tax deductible, you can have a friend by your side.
When your cashflow dips and you can’t pay HMRC or even your wages, we will talk to you for no extra cost, with a sole Duty of Care just to you. Or maybe you just want to talk through a business idea in confidence — we will be there for you.
Enquire nowDirectors Circle
For
£
/ month
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