• Licenced Business Rescue Experts
  • Helping Directors in Debt
  • Same Day Advice

For free expert advice, send us a message and we’ll be in touch

What is Compulsory Liquidation?

A compulsory liquidation is a form of liquidating a company which involves the courts. It happens when a winding-up petition has been issued by a creditor of an insolvent company, due to a debt not being satisfied.

 

How does a Compulsory Liquidation start?

After the aforementioned winding-up petition is heard at a winding-up hearing, a judge has the authority to make a winding-up order, which will place the company into compulsory liquidation.

 

Can I choose my Liquidator in a Compulsory Liquidation?

In cases where the process has progressed to the point that you have had a compulsory liquidation issued against you, it is not open for you to decide the liquidator yourself.

This will be decided by the courts who issued the compulsory liquidation.

 

How does a Compulsory Liquidation proceed?

At this point, the liquidation process will follow in the same manner as many others, albeit with less input from yourselves, given that the liquidation and liquidator have both been enforced on you by the courts.

Call our friendly experts on 0300 303 8284

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

Company Liquidation Quote

Find out how much will it cost to liquidate your business?

Enquire now

How we’ve helped others through
rescuing their business

At the Insolvency Experts our sole aim is to rescue, recover and renew businesses that are in difficulty. We are specialists in corporate turnaround and help business overcome cash flow difficulties and other financial problems. Our experts:

  • Help you to take the appropriate steps to meet any impending deadlines
  • Have a long track record in helping companies in similar positions
  • Can help you take the best course of action, often using your assets to help you avoid additional cost

Get a Quote or Get Free Advice

Creditors’ Guide To Fees

How much will it cost to liquidate your business?

Download our free quide to find out…

Download

Why Choose Us?

We understand you have already made every effort to avoid insolvency and day to day life is stressful at the moment. We can start immediately and quickly work with you through the process.

We see many examples of great businesses that have fallen on hard times or suffered through no fault of their own.

We understand that the company directors and shareholders have already tried valiantly to carry on trading, but circumstances dictate that this is no longer possible.

  • We Remove Stress
  • We Act Quickly
  • We Are Cost Effective
  • We Are Formally Accredited
  • We Are CVL Experts
  • We Act Confidentially

Get Free Confidential Advice Now

Get Free, Confidential Advice

0300 303 8284

Request a Callback

For instant, impartial advice request a callback that’s convenient to you

Request a Callback

Request a Meeting

We come to you…

Nationwide Office Visit

We can come to your office at a date and time that’s convenient to you

Request a Meeting

Latest News

A Director’s Guide During the Pandemic

The financial issues that UK businesses are facing as a result of the Covid-19 pandemic have been well documented, with many significantly impacted

Read more

What to do if your Limited Company is bust or bankrupt

The term bankruptcy in the United Kingdom normally refers to an individual who is insolvent and where the Court has been petitioned by

Read more

Gaining a competitive edge in the corporate world

Not only is professional football a major industry in and of itself, it can also provide a few lessons to other business

Read more