Wrap-up Liquidation
Typical Case Fee £5K - £10K
Typical Case
Company whose turnover is less than £2 million, with £100K - £500K debt. The company is trading at a loss and can see no light at the end of the tunnel and can not be saved. There will be 100% write off (subject to Personal Guarantees). New start or employment for Directors.
Wrap up Liquidations are subject to minimal assets and no conduct issues with the Directors.
Full Liquidation
Typical Case Fee £10K - £25K
Typical Case
Similar to Wrap up Liquidation but have some or all of the following:
- Directors conduct issues
- Creditor issues
- Legal issues
- Employee issues
- On going trading issues
- Multiple sites with stock
corporate business specialists...
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