Voluntary Liquidation Benefits, Voluntary Liquidation Benefits, HBG Advisory

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Voluntary Liquidation Benefits

Liquidation Benefits – Closing a Limited Company Options

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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.

Voluntary Liquidation Benefits.

Entering into a Voluntary Liquidation stops all action against the company. Immediately.

  1.  Stop immediate creditor action;
  2.  Avoid CCJ or Winding Up Order; The appointed liquidator has a duty to examine the reason for the failure of the business. Additionally, they have to examine the former conduct of the companies directors up to their appointment.
  3.  Once appointed, our Liquidator deals with all creditors; Directors no longer have to deal with companies creditors unless a personal guarantee is in place. The Liquidator and their team conduct future communications.
  4.  Staff will claim lost pay and redundancy where applicable;
  5.  Claim redundancy as a Director, average £9k of successful claims;
  6.  Eliminate stress; Perhaps the best benefit of liquidation means that it’s a decisive conclusion to the company. Liquidation draws a line allowing the former directors to move on with a new business.
  7.  Plan your future; Act Now! Don’t then use your personal funds to prop up the business. (especially using credit cards) If you feel you are digging a hole, then stop. It will only get deeper.

What do we do for you?

  •  Assess your current situation re cash flow and debts;
  •  Advise if a possibility to rescue the business then;

Liquidation benefits – Could some assets be sold?

  •  Would a Company Voluntary Arrangement work to seek protection from creditors and continue trading;
  •  Assess your position with regards any personal guarantees, directors loan accounts, directors redundancy pay;
  •  Appoint a licensed insolvency practitioner if a Creditors Voluntary Liquidation (CVL) is, therefore, the best solution. They will take over all dealings with creditors and staff;

Business Liquidated in just four weeks. Leaving you free to plan a new future.  You may also buy back the assets of the business and start trading again.

ACT TODAY FOR FREE CONFIDENTIAL ADVICE.

Voluntary Liquidation Benefits, Voluntary Liquidation Benefits, HBG Advisory
Voluntary Liquidation Benefits, Voluntary Liquidation Benefits, HBG Advisory
Voluntary Liquidation Benefits, Voluntary Liquidation Benefits, HBG Advisory
Voluntary Liquidation Benefits, Voluntary Liquidation Benefits, HBG Advisory
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