If you’re looking to close down an insolvent company the question is
“Do you want to start again with a company re-start?”

If the answer is
“no”
then you may be looking for a cost effective service to formally liquidate the company through a Director led Creditors Voluntary Liquidation with, a view to maximising the payment to creditors and minimising the associated costs.

If the answer is
“yes”
then you may be keen to understand how a company re-start works, is it legal or what will it cost me?

If there are assets to sell in any liquidation then they must be sold subject to a valuation. Some advisors may suggest that they will value the assets themselves.

A great idea ….well not when a disgruntled creditor questions the value that your new company has paid for the assets!

The recommendation of the sale to a connected party and the recommended value of the sale are both key to the security of the sale. By creating independence of both us as the Liquidators and you as the directors of both the old and new company then the use of a reputable, independent valuation company is crucial.

There’s no charge to chat on the phone or indeed to meet face to face so feel free to contact us in confidence to discuss your circumstances.

 

Purchase assets and continue trading with confidence

Compliant with legislation and regulation

Assistance with finance for the new company

All options explained and discussed with you.  Contact Us

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