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Unable to pay business debts? You’ll need an Insolvent Liquidation also known as a Creditors’ Voluntary Liquidation or CVL.
Looking to close your business and extract assets in the most tax-efficient way? That’s a Solvent Liquidation also known as a Members’ Voluntary Liquidation or MVL.
You may be able to Dissolve Your Company instead, saving you money.
Nationwide Liquidators
- Liquidators for 18 years
- Low cost liquidation specialists
- Fixed Liquidation Prices
- Can be all done online & by phone
- No need for physical meetings
*Licensed to operate in England and Wales.
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Simple 3 Step Business Liquidation Process
Consultation & Assessment
Book a free consultation with our experts to review your business's financial situation and determine the most appropriate liquidation method.
Liquidation Procedure
We manage the entire process, including creditor communication, asset valuation, and statutory requirements, ensuring compliance with UK regulations.
Closure & Debt Resolution
The company is dissolved and struck-off the Companies House registrar. The liquidation will come to an end and the company’s debts will cease to exist.
Closing a Limited Company
We'll explain the details and recommend the right approach
Creditors Voluntary Liquidation
A Creditors’ Voluntary Liquidation or CVL is the insolvency process where a company’s directors voluntarily decide to wind up the business because it can no longer pay its debts.
A CVL allows directors to take control of the process and appoint an insolvency practitioner of their choice to oversee the liquidation.
Members Voluntary Liquidation
A Members’ Voluntary Liquidation or MVL is the process used to close a solvent ltd company. An MVL is initiated when a company can pay all its debts but the shareholders decide to close it down for strategic reasons.
An MVL is often a tax-efficient way to close a business, as distributions to shareholders may qualify for Business Asset Disposal Relief.
Compulsory Liquidation
A Winding-Up Petition can result in a Winding Up Order which usually forces a company into Compulsory Liquidation. This is to be avoided.
Dissolution
If your limited company is solvent with assets of less than £25,000 then Company Dissolution is usually suitable and typically costs a few hundreds pounds.
Directors Redundancy Payments
Outstanding wages and redundancy may be payable by the National Insurance Fund. See Directors Redundancy Calculator.
A Trusted Partner since 2007
Why directors choose Swift Liquidations
Free Assessment
Feel free to give us a call for an informal chat - it won’t cost you a thing, and there’s no need to disclose your business name. Speak with us in confidence - we’re here to help.
Certified Professionals
We've been supporting businesses to liquidate and individuals with personal debts for 18 years. We've done it all - from sole traders to complex corporations - and everything in between.
Nationwide Coverage
Liquidations don't require a physical meeting - it's all online and by phone - keeping the costs right down. For liquidations involving item disposals - such as equipment and furniture - we leverage our partner network to efficiently handle these tasks.
