Liquidation, or winding-up, is the formal closure of a solvent or insolvent company.

A solvent company can go through Members’ Voluntary Liquidation. An insolvent company can go through Creditors’ Voluntary Liquidation or the Court-driven process which is Compulsory Liquidation.

The directors and shareholders of a company can place the company into solvent or insolvent liquidation. Creditors of the company can apply to Court for a petition to wind up an insolvent company by Compulsory Liquidation.

Liquidators must be licensed Insolvency Practitioners and you can meet our team here.


If you would like to speak with one of our advisers about Liquidation, please complete the short form below today:

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