UK Company Closure Experts
We help UK directors close their companies legally, deal with debt, and avoid personal risk — confidential and expert-led.
Creditors Liquidation
Director Control
Members Liquidation
Tax Efficient
What We Do
Members Voluntary Liquidation
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Creditors Voluntary Liquidation
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UK Insolvency Experts
We're Yes Liquidations, experts in helping companies close down smoothly. Our team has over 50 years of experience assisting directors like you in dealing with company debt issues. We're here to support you wherever you are in the UK, no matter the challenges you're facing.
When you're thinking about
closing your company, it's crucial to seek professional advice and follow the latest rules and regulations. As a director, you have responsibilities, including treating creditors fairly. Talking to an Insolvency Practitioner can help you avoid unintentional mistakes that could cause problems later on.
If your company's debt
is piling up and you're overwhelmed by demands for repayment, liquidation might be the best solution to prevent things from getting worse. If your business is consistently losing money without any hope of turning things around, it's wise to stop trading as soon as possible. This protects you from accusations of wrongful trading and shields you from being held personally responsible for company debts.
Why Us?
Here at Yes Liquidations we are Licensed Insolvency Practitioners, not an introducer simply looking for referral commissions. We are dedicated to giving Directors like you all the help and advice you need to make the best decision.
Unlike most Insolvency Practitioners we do not require large upfront fees to start the process, you can pay our costs in manageable monthly instalments.
FAQ
It’s your choice, but if your accountant has given you good service, why change?
No, we request the last set of filed accounts and as part of our process, we run a
“deficiency account” which is all that is required.
Yes, the new company will be separate from the old company and will need its own bank
account, but a new company can be formed by filling in a 5-minute application online and
there is the ability to open a bank as part of the formation.
No, the Court does not need to be involved.
No. If you are under pressure before formally entering liquidation, we can take authority
to contact chasing creditors on your behalf. Formal circulars are sent when entering
liquidation, but we remove all stresses from the Director as part of the process.
No. Entering liquidation is not linked to your personal credit file.