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Business Recovery

Liquidation – Creditors Voluntary Liquidation

Creditors Voluntary Liquidation:

Where the company is not able to pay its debts. If you know that your business is not able to cover its liabilities, call us for help: 0330 053 6790.

What is Liquidation?

Liquidation is a process where the business stops trading and the assets are sold to pay off creditors.

The assets can be sold via an auction or they may be sold back to the former Director.

A Liquidator must be appointed if you are liquidating a company. This is an authorised Insolvency Practitioner, who takes responsibility for liquidating the company and ensuring the creditors are paid in the correct order.

Is liquidation the best option for your business?

There are many benefits of creditors’ voluntary liquidation which include:

If you are considering liquidation and you want to know if it is the right option for you and your business, the next step is to speak to a qualified Insolvency Practitioner.

There are many other alternatives to liquidation, and the best solution for you depends on the unique position your business is in.

It is really important to seek expert advice as soon as possible to make sure that you choose the right options for you and your business. To discuss your unique situation and get some advice on what is right for you, give us a call today. 0330 053 6790 or drop us and email: info@qrventures.co.uk

Our highest priority is finding the best solution for you and your business.

For other options, please ring our hotline, 0330 053 6690 and read our CVA page and Pre- Pack Administration page.

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QR Limited trading as QR Ventures
A10 Astra Office Suites, Astra Business Centre, Roman Way, Ribbleton, Preston, PR2 5AP

Registration Number: 04288323. Registered Address: A10 Astra Office Suites, Astra Business Centre, Roman Way, Ribbleton, Preston. PR2 AP. 

QR Ventures is a trading name of QR Limited which is Authorised and Regulated by the Financial Conduct Authority (FCA). The FCA regulates financial services in the UK and you can check our authorisation and permitted activities on the Financial Services Register by visiting the FCA’s website www.fca.org.uk/firms/systems-reporting/register. Our Financial Services Register number is 809779.

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