Our liquidation specialists have years of experience in dealing with a range of liquidations procedures and we have specialist expertise in all forms the process. At P&A we pride ourselves on delivering a fast and efficient service that maximises the advantages to be gained from liquidation.
If the director of a company wants to close their business because it is no longer sustainable, or they want to retire and can’t find a buyer, P&A can handle all the formalities and ensure legal protection.
Alternatively, P&A can also help if a company is owed money by a customer and feels that the only way to get paid is to issue a winding-up notice on the business.
Liquidation does not always mean the end of a business – in some cases directors can buy back assets at their fair value and we can help with every aspect of this process.
We have a network of professionals to bring in expertise as you need it, including lawyers, agents, and auctioneers who can sell assets at the best price.
- Creditors Voluntary Liquidation (CVL);
- Compulsory Liquidation;
- Members Voluntary Liquidation (MVL);
Our service is fast and efficient and maximises the advantages of liquidation by:
- Removing creditor pressure;
- Halting any further legal action;
- Providing an opportunity for business recovery, by trading under a different legal entity;
- Allowing employees to claim unpaid wages and redundancy pay from the government.
“We are an old established cooked meats retailer and have suffered from intense competition from supermarkets over the past five years. We now know your advice to close the business was right. We only wish we had done so earlier. Your negotiations with our landlords were most helpful.” Retailer, Derbyshire
“We are pig farmers and were introduced to P&A by our accountant when the cost of production was twice the amount the pigs were fetching when sold. Our main (and very substantial) creditor was the feed merchant with whom P&A re-negotiated the amount outstanding. Land was sold and we retired without going through any formal procedures.” Pig farmer, North Yorkshire