Should your Gas & Electricity supplier go bust, The gas and electricity regulator Ofgem will announce who is taking over from your old supplier that has entered into Administration.  They’ll…

If you are struggling with debt, you may decide to opt for bankruptcy Debt Relief Order (DRO), you will then, at that point, need to get in touch with an Official…

If you are a director that is worried about liquidating a company and money is tight, you maybe looking for the cheapest way to liquidate a company.   As company…

There is no set time limit a company can stay in administration, it usually can last up-to 12 months with possible extensions of up to 6 months with the constant of…

When a company begins to face financial difficulties, the business owner will likely begin to investigate the options that are available to them. Seeking out a solution to the company’s…

If you have an insolvent Limited Company on your hands that is awaiting liquidation, it’s always handy to know how long the process is going to take. This allows you…

Provisional liquidators are only appointed in liquidation, these are allowed under certain specific circumstances. The appointment usually takes place after a Winding Up Petition has been presented but before the matter…

Members can vote to carry out a winding up of a company limited by guarantee. This form of business structure often used by non-profit organisations such as: clubs, co-operatives, social…

The cost for liquidating a company varies between £3,500 and £6,000 +VAT. The fee will allow a Insolvency practitioner to assist with the statement of affairs and allowing the company to…

Directors of Limited Companies cannot liquidate their own company in the UK, to place a company into liquidation you need to be a licensed insolvency practitioner. Licensed insolvency practitioners are…