Liquidation Services for Companies in Financial Distress
Expert liquidation services to help businesses close their operations with professionalism and compliance.
Comprehensive Liquidation Advice for Companies
Facing financial distress can be overwhelming for businesses. Our experienced team provides clear, actionable guidance to help you understand your options and take the best steps forward.
We start with a comprehensive consultation to assess your financial situation and discuss the most suitable options.
We develop a tailored liquidation plan based on your specific needs and circumstances.
Our team manages the entire liquidation process, from asset valuation and sale to creditor communication and final closure.
Throughout the process, we provide ongoing support and updates, ensuring you are informed and reassured at every step.
FAQs about Liquidation
Explore frequently asked questions related to this topic.
Liquidation is the process of closing a company, selling its assets, and distributing the proceeds to creditors and shareholders in a prescribed order.
There are two main types: Compulsory liquidation, initiated by a court order, and voluntary liquidation, initiated by the company’s directors or shareholders.
Compulsory liquidation is initiated by a court order, often requested by creditors when a company is unable to pay its debts.
The duration of liquidation varies depending on the complexity of the company's affairs but generally takes several months to a few years.
Employees are typically made redundant, and they may claim for unpaid wages, holiday pay, and redundancy payments through the Redundancy Payments Service.
Meet Our Team
Get to know the dedicated professionals at Kennway Francis.
Melissa Jackson
Licensed Insolvency Practitioner
Over 20 years of experience in insolvency.
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Chris Towler
Insolvency Senior Case Manager
Over 15 years of experience in corporate and personal insolvency.
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Stella Walker
Office Manager
Experienced in financial management with a CIMA qualification.
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Lindsey O'Shea
Financial Assistant and Cashier
Over 14 years of experience in cashiering and financial management.
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Important Notice: Office Holders who act as Administrators act as agents for the company and contract without personal liability. Where a company is in Administration, the affairs, business, and property of the company are being managed by the Administrator, who acts as agent of the company. Melissa Jackson is licensed as an insolvency practitioner in the UK by the Institute of Chartered Accountants in England and Wales.
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