• 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

How much will it cost to liquidate your business?

Find out 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

How should the leisure and tourism industry navigate the Covid-19 crisis?

Businesses across a variety of industries are facing unprecedented times in terms of operational challenges and financial uncertainty, but nowhere is that

Read more

Insolvency law announced to protect UK companies during coronavirus

We were very interested to see that Parliament this week introduced a new Corporate Insolvency and Governance Bill. The central aim of

Read more

How to prevent commercial landlords enforcing rent arrears

Jason Elliott, our Head of Business Recovery, explains the new Government measures that are intended to safeguard the UK high street and

Read more