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Get a Quick Quote
for Closing Your Company

Complete this brief form to receive a tailored cost estimate and clear guidance on your next steps.

Filling out this form is entirely commitment-free

Our aim is to make liquidation into a simple, fast & stress free experience for you as the company director.

 

 

GET A QUOTE

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Simplified Process

No Physical Meetings (usually)

Liquidate From Home

Free Same Day Consultation

Our Easy Liquidation Process

1
Fill in the simple form to give our advisors some basic information
Everything you say to us is fully confidential and without obligation
2
Your liquidation will be handled by one of licensed & regulated insolvency practitioners
Our mission is to help directors find positive solutions to debt problems
3
We’ll help you close your company & deal with creditors on your behalf
Company assets are realised and distributed fairly, with any surplus being returned to the shareholders
4
At the end of the process, the company is finally dissolved and struck-off the registrar of companies
The liquidation will come to an end and the company’s debts will cease to exist

Help You Can Trust

One of the best decisions I’ve ever made

My business was in difficulty a while ago so I gave CompanyDebt a call. It turned out to be one of the best decisions I have made! I was given clear and genuine advice.

The team ensured that a difficult time was handled sensitively and effectively.

 

Director
Heating and Plumbing Company, London

Frequently Asked Questions

How Long Does the Process Take?

Whilst liquidation timeframes will vary widely depending on the size and complexity of the case, especially if there are assets that need to be realised.  Once appointed it is the liquidator that is responsible for dealing with creditors, getting in the assets of the Company and distributing any proceeds of sale.  The directors responsibility is to provide the liquidator with the information to do this, the majority of this is undertaken in the first 6 months.

Once a director has provided the liquidator with all the information h e has requested, there is normally very little left for the director to do. So whilst a typical liquidation might last for 12-18 months, in most cases the director need have no further involvement after the first 6 months.

Could I Liquidate my Own Company?

The short answer is no, you cannot liquidate a company yourself.

All company liquidations requires the services of a liquidator, under UK law.

Are Directors Entitled to Redundancy?

If you’re a company director and have paid yourself via PAYE, with more than two years’ service, it’s very likely you can claim redundancy if your company has closed due to insolvency.

Claims must be made through the Redundancy Payments Service, part of the Insolvency Service, and we will tell you how to process your claim. If the claim is successful, it will then be paid by the National Insurance Fund.

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