Liquidation Advantages and Disadvantages

….. the reality of Liquidating your Company

As with anything in business, there are advantages and disadvantages to Liquidation.  The reason that Voluntary Liquidation is so popular is that its advantages far outweigh its disadvantages.

Advantages of Liquidating your Company

Debt is written off.  Any unsecured debt is written off through the process of Liquidation, including any tax liabilities.  If you want to start again, you can, without the burden of debt holding you back.

Legal Action is stopped. Due to the nature of Voluntary Liquidation, legal action is stopped as the company closes.

It has no bearing on the Directors. Provided no laws have been broken, Directors are able to just get on with their lives, as if the business problems had not happened.  If you want to go back into business, then you can.

Disadvantages of Liquidating your Company

You will need a new company.  The old company will obviously be closed down, and so you will need a new company if you are intending to go back into business.

You can’t keep doing it.  If you keep Liquidating companies in quick succession, eventually someone will suggest that you may want to find a job instead!

How can we help

Unlike other Liquidation Companies, we have structured ourselves and our Voluntary Liquidation Services in a way that genuinely helps you the most.
By Liquidating through us, we will:-

  • Ensure you are aware of any problems before you commit to Liquidation
  • Make sure your Liquidation goes as smoothly as possible
  • Deal with any issues before they become a problem
  • Try to make sure this is your first and only Liquidation
  • Minimize the pain of Voluntary Liquidation

Make a fresh start in business and start your Liquidation – call 0800 612 94 78 now.