Liquidations

When a company is no longer viable or when its shareholders decide to cease its operations, our liquidation services will ensure that the business’ assets are properly managed, debts are settled, and the legal requirements for dissolution are met. By engaging our liquidation services, companies can ensure that the winding-up process is conducted in a legally compliant manner, creditors are properly addressed, and the interests of stakeholders are protected. Our experience and expertise help facilitate the orderly dissolution of the company, whilst providing guidance during such a challenging period of a business’ lifecycle.

Here are some of the scenarios and aspects we cover in our liquidation services:

• Voluntary Liquidation: We can assist your company in initiating voluntary liquidation, which involves a deliberate decision by the shareholders or directors to wind up the enterprise. We’ll guide you through the legal process, prepare the necessary documentation, and ensure compliance with the applicable laws and regulations.
• Compulsory Liquidation: In cases where a business is unable to pay its debts or has committed serious breaches of the law, a court may order compulsory liquidation. We can provide guidance and support during the compulsory liquidation process, helping you fulfil your obligations and navigate legal proceedings.
• Liquidation Planning: We will help you develop a comprehensive liquidation plan, outlining the steps and timeline for winding up your company's operations. We’ll assess your company's assets and liabilities, evaluate outstanding debts and obligations, and determine the most appropriate method of liquidation.
• Asset Realisation: We are able to manage the process of selling or disposing of your company’s assets in a manner that maximises value. This involves identifying and valuing your assets, coordinating with appraisers and auctioneers, negotiating sales, and distributing proceeds according to the priority of claims.
• Creditor and Debt Management: We will handle all communication with your creditors, ensuring that proper notice is provided, and that claims are accurately assessed and paid in accordance with legal requirements. We’ll smoothly facilitate the settlement of debts, negotiate with creditors when necessary, and manage creditor meetings.

In the event of a company liquidation, our team is readily available to offer assistance. Our experienced professionals will provide expert guidance and support to ensure that the process of winding up your affairs is approached with the utmost care and professionalism.