Book a Virtual Meeting - Free Confidential Advice
If you need help understanding the best way forward for your company, we can provide confidential free initial advice. You can book a free virtual meeting or call us on 0800 612 5448.

Liquidator VS Official Receiver – The Differences

Differences: Liquidator vs Official Receiver.

Liquidator vs Official Receiver. – The Official Receiver is a civil servant. They are, however, part of the Insolvency Service. Duties, therefore, involve personal bankruptcies, as well as compulsory liquidation.

Insolvency Practitioners acting as Liquidators are, however, not part of the Insolvency Service. They are, therefore, a separate commercial entity.

So which is best suited for my company and me?

Liquidator vs Official Receiver when Insolvent?

Is your company then insolvent or solvent? If your company, however, is struggling to pay bills, etc., then the company is then insolvent by “Cash Flow“. Further, if a Winding Up Petition is issued and no action is taken to defend it, the court appoints the “Official receiver” to commence Liquidating your company using a Compulsory Liquidation.  It is the duty of the “Official Receiver” however, to first pay creditors of the company, and not shareholders or directors.

Liquidator when solvent?

If the company is, therefore “Solvent” and can then demonstrate its ability to discharge all its outstanding debts. Then it may appoint its own chosen Liquidator to realize and then distribute available monies possible via a Members Voluntary Liquidation.

For further support and help. Please contact HBG Advisory on:

FREEPHONE 0800 612 5448.

Book a confidential free VIRTUAL meeting safe and private online

Commence a webchat found at the bottom right of this webpage.

Liquidator Vs Official Receiver, Liquidator vs Official Receiver – The differences, HBG Advisory
Liquidator Vs Official Receiver, Liquidator vs Official Receiver – The differences, HBG Advisory
Liquidator Vs Official Receiver, Liquidator vs Official Receiver – The differences, HBG Advisory
Liquidator Vs Official Receiver, Liquidator vs Official Receiver – The differences, HBG Advisory
Business Recovery & Rescue.
FREE Insolvency Advice
Experts in dealing with Company Debt

    Get Help Today
    1. Name: (*)
    2. Company Name:
    3. Telephone: (*)
    4. Email:
    5. Message:

    *Required Fields

    CALL TODAY FOR
    EXPERT CONFIDENTIAL ADVICE

    0800 612 5448

    Further Reading