Every now and then some director gets a splash from another liquidation that forces their company into liquidation as a result. That’s life!
A liquidation definition can be summed up as the closure of a company.
There is a much longer Liquidation Definition but why bother. The burial of a company is a depressing event with so much misery spread around, let’s not dwell on it. Not many directors feel comfortable with the formalities and will often do anything to avoid the liquidation. Their Liquidation Definition can be quite different from the official version!
If you don’t want to be drowned by the fallout from a liquidation then Call TaxGone on 01302 815846 and we may be able to show you a better way.
TaxGone - Company Voluntary Arrangement - CVA Specialists
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