Cheap liquidation services may seem appealing, but hidden fees can lead to unexpected costs. Parker Walsh offers transparent, comprehensive support from £4,000 + VAT to ensure a smooth and legally compliant process.
This article compares the experiences of directors who’ve worked with other insolvency practitioners and explains how Parker Walsh offers a more tailored and supportive service.
Preferential creditors, such as employees and HMRC, are paid before non-preferential creditors in insolvency, meaning they have a higher chance of recovering their debts.
Business Asset Disposal Relief (BADR) remains available for Members' Voluntary Liquidations. Act now to secure the current 10% tax rate before potential budget changes.
Although, it is a good idea to be prepared for your initial meeting with an Insolvency Practitioner; please don’t worry – my advice is free so there is no need to clock watch and if we don’t cover all your questions in the first meeting, you call or text me or set up another meeting.
When companies are struggling to pay their debts and cashflow is tight, they often have a range of concerns and questions. I have helped hundreds of directors; these are the most common questions I get asked.
Liquidating a company is a complex process involving the winding up of its affairs, selling off assets, and settling debts. Directors and stakeholders need to understand the steps and considerations involved to navigate this challenging process effectively.
If you can't afford an insolvency practitioner, try voluntary strike-off, negotiating with creditors, or debt charities. However, an Insolvency Practitioner is ultimately valuable.