Liquidation Archives

How Mini-Budget Caused ‘Full-Scale Liquidation Event’ for Pension Funds in the UK?

Leave a Comment / Liquidation / By Viv1

When Kwasi Kwarteng revealed the UK’s mini-budget back in October 2022, there was a massive dip in the value of pensions throughout the UK, which led to near enough a full-scale liquidation event. In fact, BT pensions alone had their values plummet a staggering £11billion after the mini-budget was announced. The Publishing of the BT …

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Preventing Open Position Liquidation in the United Kingdom

Leave a Comment / Liquidation / By Viv1

If a creditor wants to put your company into liquidation, they will need to file a winding up petition in court. If this winding up order is granted, your company will enter into compulsory liquidation, which will involve the sale of your assets so that you can use the money generated to pay off your …

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Why Did England and Wales Experience a Record Number of Voluntary Liquidations in 2022?

Leave a Comment / Liquidation / By Viv1

Navigating the economy as a business has always been challenging. This is because there are always issues beyond an organisation’s control that can affect how consumers engage with them and the value of the products and services they sell. This has always been the case, but it hit unprecedented heights in 2020 as the coronavirus …

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How to Liquidate an Estate’s Securities and Real Estate in the United Kingdom?

Leave a Comment / Liquidation / By Viv1

An estate administrator has a number of different responsibilities, but one of their main roles is to liquidate (which means to distribute or sell) the assets of an estate. Such liquidation can be helpful when it comes to paying off any debts that have been racked up by the estate, as well as expenses they …

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What Can Simple Liquidation Do for Your Business?

Leave a Comment / Liquidation / By Viv1

Liquidating your company can often be a stressful task. This doesn’t have to be the case, though. Simple Liquidation was set up to help so directors like yourself can do it quickly and efficiently. Each of our liquidators is authorised by the Insolvency Practitioners Association and the Institute of Chartered Accountants in England and Wales. …

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Total Cost to Liquidate a Company in the United Kingdom

Leave a Comment / Liquidation / By Viv1

When you need to liquidate your company in the UK, this comes at a cost. Generally speaking, you will be looking at around £2500 to £6000 + VAT in total; however, it can be more or less depending on what your current situation is like. The liquidation of a company cannot be done by anyone, …

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What Are the Different Purposes & Types of Liquidation in the United Kingdom?

Leave a Comment / Liquidation / By Viv1

There are different types of liquidation that exist in the UK, and each of these forms of liquidation could be used depending on what the business’s circumstances are. Specific circumstances apply to specific procedures, and one of the first things to consider is whether the organisation in question is solvent or insolvent. A solvent company …

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What is a Liquidation Auction in the United Kingdom?

Leave a Comment / Liquidation / By Viv1

Liquidation is quite a common occurrence. It is also frequently referred to as ‘winding up’ and is the process of a company coming to an end. Throughout the process, liquidators are brought in with the intention of assisting the company and helping them dispose of all of their assets, distributing the proceeds to creditors to …

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Liquidation vs Administration – What Should You Consider for Your Business?

Leave a Comment / Liquidation / By Viv1

Company insolvency is not an easy situation to deal with; what’s also a difficult decision is deciding which route to take to resolve the situation. Is it better to liquidate the company and use its assets to pay back creditors? Alternatively, if the company is worth saving, is administration a better option to give your …

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Why You Should Consider Simple Liquidation for CVL & MVL in the United Kingdom

Leave a Comment / Liquidation / By Viv1

Having to admit insolvency and face liquidation is not easy for any company director. No liquidation process is easy but what will make the process simpler is professional liquidation solicitors. When entering into a CVL (Creditors Voluntary Liquidation) or an MVL (Members’ Voluntary Liquidation) process, it must be handled by a licensed insolvency practitioner (IP) …

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Liquidation

How Mini-Budget Caused ‘Full-Scale Liquidation Event’ for Pension Funds in the UK?

Preventing Open Position Liquidation in the United Kingdom

Why Did England and Wales Experience a Record Number of Voluntary Liquidations in 2022?

How to Liquidate an Estate’s Securities and Real Estate in the United Kingdom?

What Can Simple Liquidation Do for Your Business?

Total Cost to Liquidate a Company in the United Kingdom

What Are the Different Purposes & Types of Liquidation in the United Kingdom?

What is a Liquidation Auction in the United Kingdom?

Liquidation vs Administration – What Should You Consider for Your Business?

Why You Should Consider Simple Liquidation for CVL & MVL in the United Kingdom

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