Liquidations

Sometimes, corporate rescue is simply not viable. Your cashflow might be unmanageable. It could be too late for rescue strategies. There could be any number of reasons why formal insolvency could be the best option.

Where Frost Business Recovery recommends insolvency, we fully explain the range of possible options. Then we’ll outline which we think is right for everyone concerned, and why.

There are three types of liquidation. If your company is insolvent, it could enter into a Creditors’ Voluntary Liquidation or Compulsory Liquidation. Maybe your company is solvent, but circumstances dictate that it should be wound up. In this case, you’ll be looking at a Members’ Voluntary Liquidation.

Whatever the case, once your company has been placed in liquidation, it would be highly unusual to continue trading.