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How much does it cost to liquidate a company in the UK?

Understandably, given the financial strain and worry already experienced by those involved with a company facing liquidation, many people are concerned to know about the costs involved with the process of completing a liquidation.We have guided many clients in the UK through the key question of how much does liquidation cost?

While there is no exact default figure – overall liquidation costs and timescale will depend on the specific circumstances of your company – it is worth noting that while there is a cost to liquidation, as with any professional service, the cost of a liquidation can often be met through the assets of the business.So, whether the liquidation costs are in the hundreds of pounds or thousands of pounds, the fee may well be covered through the actual liquidation itself, freeing you from both:

  • additional financial pressure and specific costs now
  • as well as any future financial risk associated with owning a company with mounting debts
Call our friendly experts on 0300 303 8224

By quickly taking back control we can help you solve the problems that the business has.

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Liquidating a company can take anything from 7 days to 2 years

Three Key Questions on Liquidation Costs


How do I get an exact quote on liquidation costs?

It is important to you and to us that you are fully aware of the cost, the length of process, and any other implications involved with liquidating a company. Contact us today for more information on how much does liquidation cost in your specific case and we’ll be able to give you a more exact estimate.

Each business and its circumstances are different, it’s therefore imperative to speak to us to enable us to give further indication based on the details you provide.

 

How do I know if the liquidation service is properly licensed?

It is tempting, when exploring the question of how much does it cost to liquidate a company, to simply select the cheapest option. This is not always a wise move, especially if it turns out that the financial service is not properly accredited. Only a licensed Insolvency Practitioner such as ourselves can complete the process, and fees must be agreed by your creditors before they can be taken.

We understand that this may seem like a daunting task, therefore it’s something we deal with as part of your agreement with us.This means that as well as outlining your exact liquidation costs, we’ll be able to guide you expertly through every part of the process and ensure that we cover your costs with the company’s remaining assets wherever possible.

 

How do I get the liquidation cost advice I need?

If you would like more expert advice on liquidation and the associated costs involved, then contact The Insolvency Experts today by giving us a call on 0300 303 8284 or emailing us on enquiries@theinsolvencyexperts.co.uk and our experienced team of insolvency experts can talk you through the various types of liquidation, associated liquidation costs and any other key steps involved. Our friendly team of experts are ready to provide the guidance you need.

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