Put an End to Creditor Pressure Today with a Cheap Liquidation, Call 03303 411 285

We offer a fast, hassle free, cheap company liquidation service from £1,499

  • Is your company struggling?

  • Need specialist company liquidation advice?

  • Want to stop hassle from creditors?

  • Need Bounce Back Loan support?

We can help you.

Can you pay your creditors? *
Does your company owe more than £20,000? *
Does your company have any assets? *
Have you received any threatening letters, or has any legal action been instigated? *

Why Cheap Liquidation?

Dealing with a distressed company? Don’t do it alone. We have over 4 decades of company liquidation experience and are here to give you the friendly, honest, and straightforward advice you need. Whether you’re a sole director, small business or part of a larger company, we can help relieve the pressure you’re under and put an end to this extremely stressful time.

  • Over 40 years liquidation experience

  • Specialist company liquidators

  • Licenced, regulated, and professional advice

  • No initial creditors meeting

  • Fast, free, and confidential consultation

  • Licensed and regulated liquidator

Speak to a Cheap Liquidation insolvency expert for a free non obligational consultation.

03303 411 285

Instruct Cheap Liquidation for your hassle-free liquidation now.

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Leave it to Cheap Liquidation. We’ll close your company & handle your creditors today.

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Need to repay a Bounce Back Loan?

If you have an outstanding Bounce Back Loan which you cannot repay, strike-off is not an option and to close the company you will need to use the formal liquidation route.

As part of this process, all assets of the company will be identified and sold, with the proceeds going towards repaying creditors as much as possible. Any remaining debts after the liquidation is finalised are written off – including Bounce Back Loans.

What if I have a personal guarantee?

As Bounce Back Loans are guaranteed by the Government, directors did not need to provide a personal guarantee. Therefore, if your company is unable to repay due to liquidation, the Government will repay any remaining outstanding monies to your bank, following liquidation, rather than the company directors.

You may, of course, have provided a personal guarantee in respect of an additional loan in which case Cheap Liquidation can offer professional advice on how this may impact on you.

Frequently Asked Questions

As a director, you can claim redundancy pay from the government in certain circumstances. You may also be able to claim for any arrears of wages and accrued holiday pay. Although all claims will be subject to statutory limits, we can help you with your claim for redundancy pay. If successful, you’ll receive a payment from the Redundancy Payments Service.

Call us on 03303 411 285 today for more information or advice.

When your company goes into liquidation, you’ll pass control of your business to the liquidator, who’ll then deal with all aspects of winding up your company’s affairs.

You’ll no longer need to deal with creditor calls, HMRC or employees. Everything will be taken care of by your liquidator. Your liquidator will also deal with any company assets and other company matters that need to be addressed.

A Creditors Voluntary Liquidation or ‘Liquidation’ is a legal procedure that must be undertaken by a qualified, licensed, and insured Insolvency Practitioner.

Call us on 03303 411 285 today for more information or advice.

No. As a director, you’re a separate legal entity from the Limited Company. Your personal assets are not available to the company’s creditors.

However, in certain circumstances, this may not be the case. For example, if you’ve signed personal guarantees to the bank or creditors, then your assets could be at risk.  We regularly help directors who’ve signed personal guarantees to deal with their company. And we can help point you in the right direction.

Call us on 03303 411 285 today for more information or advice.

Honesty is the best policy, and you should always seek professional advice. Once you’ve instructed Cheap Liquidation to wind up your company, we’ll deal with all creditors and queries. All you’ll need to do is provide them with your dedicated advisor’s name and contact number, and we’ll do the rest.

Call us on 03303 411 285 today for more information or advice.

Yes, you can still be a director of a Limited Company, provided you’ve not previously been disqualified.

As an individual, you’re separate from the Limited Company and are free to continue acting as a director.

Call us on 03303 411 285 today for more information or advice.

Call us today for advice on:

“I’ve worked with the team at Cheap Liquidation for over ten years now. They are my first choice to guide my clients through the Liquidation process”

Mark H, Accountant

“I know that my clients will get the right advice and be treated fairly by the team at Cheap Liquidation”

Hayley G, Solicitor