HomeFWJ TakeawayCompany rescueBusiness recovery and rescueCompany Liquidation [2024 Guide]

Welcome to our free industry leading guide on Company Liquidation. Whether you are a director, business owner, creditor or other interested party - we have the answers you need.

Francis Wilks & Jones solicitors have been advising business owners, directors and creditors on all types of Liquidation and Company Rescue situations since 2002. We are the leading UK legal experts in company liquidation work.

Our brilliant team can help take the stress and guess work out of an insolvent company situation.

  • As a law firm with over 20 years’ experience in company rescue, we are different to many of the firms advertising on the internet.
  • Our aim is always achieve the best outcome for whoever needs our help – directors, shareholders or creditors.
  • Choosing the the right legal process – and working with the right third party professionals – can make all the difference to achieving a successful outcome.

This easy to use guide will take you through the key aspects of the Liquidation process and provide links to other useful company rescue content on our website.

Our team consists of insolvency experts who take a tireless approach to finding the best outcome for our clients.

  • Tim Francis – Tim is one of our founding partners and has a wealth of experience across a range of complex insolvency cases to draw upon. Valued for his calm and pragmatic approach to each case, his clients are put at ease as he finds the best tactical approach for them.
  • James Roberts – James is a partner within the insolvency team at FWJ, bringing 15 years of experience to each case he works on. He prides himself on taking a commercial and pragmatic approach – and on finding inventive solutions where these result in a faster and better resolutions for my clients.

For more immediate help – call one of our expert company rescue lawyers today for a free consultation. There are very few situations we haven’t come across since 2002. Our experience can help you too.

Company Liquidation – an overview

What does liquidation mean?
What does it mean when a company goes into liquidation?
What is Voluntary Liquidation?

Creditors Voluntary Liquidation

What is creditors voluntary liquidation?
What happens to the company in a creditors voluntary liquidation?
How do I put my company into creditors voluntary liquidation?

Members Voluntary Liquidation

What is a members voluntary liquidation process?
Members voluntary liquidation versus striking off

Compulsory Liquidation

What is compulsory liquidation?

Director & Shareholder Responsibilities

How does liquidation affect directors?
What must the directors and shareholders do in a compulsory liquidation?

What Happens After Liquidation

What happens to contracts when a company goes into liquidation?
What happens when a company goes into administration
What happens after liquidation?

How Long Does Liquidation Take?

How long does it take to liquidate a company?

The Role Of The Liquidator

What does a liquidator of a company do?

Eight Tips For Directors Facing Liquidation

Eight tips for directors facing company liquidation

Frequently Asked Questions

1. What is the cheapest way to liquidate a company?
2. Can you start a new business after liquidation?
3. Can a company in liquidation still trade?
4. Can a liquidation be reversed?
5. What happens to employees when a company goes into liquidation?
6. Can I be a director of a company after liquidation?

Company Insolvencies by Industry for the last 12 months

Company Insolvencied by Industry for the last 12 Months

Key contacts

James Roberts

James Roberts

Partner

Tim Francis

Tim Francis

Partner

Stephen Downie

Stephen Downie

Partner

View full team

Case studies

View all case studies

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