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What is liquidation (Video)

Liquidation Video Transcript

liquidation is stressful of course it is but it’s not necessarily the and everything.

You know what we do we stress every single day so is our job to take away as much of your stress as we possibly can we can answer calls for you deal with the bailiffs and generally lessen the load so that you can see that is the way forward.

If together we believe that the company can no longer pay its way and continue trading  it could enter into a creditors voluntary liquidation more simply be corporate equivalent to bankruptcy.

If you’re propping the business up with you own cash please stop immediately phone is now before it gets any worse often the loss-making and city can be closed down assets can be sold at market value and employees transferred to a new viable company with the future.

If you need us there’s no time like the present.

Read more about Creditors Voluntary Liquidation (CVL) or different types of Liquidation.

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