Business Liquidation Or Not

Business liquidation is a fact of life.

When you deal with limited companies there is always a risk that you won’t get paid and with no security in place to cover the debt, your business is always exposed.

A business liquidation costs from £3,500 plus vat. It is always a good move to ask your potential liquidator to do a dry run business liquidation first as this will make the unexpected potential dangers evident.

Also the insolvency practitioner, during a dry run business liquidation, will have a sole duty of care to you and not the creditors.

This is the only time that this would be the case.

It is far better to find out that you owe the creditors £100,000 at a time when the I.P. Is on your side so that you may wish to follow a different route to that of a business liquidation.

Call Call TaxGone on 01302 815846 to arrange a dry run liquidation at no cost cost to you.

TaxGone - Company Voluntary Arrangement - CVA Specialists

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