Consilium Agency Services is a one-stop shop for all of your personal and business support solutions. It constitutes a group of companies that are able to offer you advice and support along with practical assistance for your business needs, ranging from growth and development strategies, all the way to financial brokers, utilities, and business grant specialists. 

Whether your company is solvent or insolvent, ensuring it is closed in an orderly manner and in accordance with the latest regulations is of paramount importance. If your company is insolvent, you have various responsibilities towards your creditors during this time; seeking the advice of a licensed insolvency practitioner will ensure they are treated fairly.

For solvent companies, opting for a formal liquidation procedure as opposed to striking the company off,  could be a much more tax-efficient and cost-effective way of closing the business.

If any of these debts strike a chord with you and you feel ‘in over your head’ with escalating liabilities, liquidation may be the best route forward before matters get worse. Remember, as a company director you have a duty of care not to worsen the position of your creditors and you should cease trading as soon as possible if your business is steadily losing money with no realistic prospect of the situation improving.

Although nobody goes into business expecting their company to fail, UK Liquidators were supportive and helpful through the whole liquidation process, and I would have no hesitation recommending them to others in the same position.

“We must all obey the great law of change. It is the most powerful law of nature.”

– Edmund Burke