McAlister | Blog | liquidation

April 15, 2021 by Sandra

The drawbacks of dissolving your company instead of liquidating it
Unfortunately in business, as in life, things don’t always go according to plan. No one sets up a company with the intention of having it slowly fail, but... [Read more...]
Filed Under: liquidation
February 3, 2021 by Sandra

What is the order of priority of payments when a company is liquidated?
When all other avenues have been explored and the debt is overwhelming, a company may be left with little choice but to go into liquidation. This formal... [Read more...]
Filed Under: liquidation
November 30, 2020 by Sandra

What is the difference between voluntary liquidation and compulsory liquidation?
Times are tough right now, and more businesses than ever before are being forced to close their doors. As a result of the Coronavirus pandemic, global... [Read more...]
Filed Under: liquidation
April 14, 2020 by Sandra

Your most popular liquidation questions answered
Liquidation is the process of closing a business and selling its assets to pay back its debts (also known as creditors). In a business liquidation, the... [Read more...]
Filed Under: liquidation, Business Insolvency
May 16, 2019 by Sandra

What are the advantages of liquidating a business?
As an accountant for a business owner, you will need to know the options your client has should their business fall into insolvency. Understanding all of... [Read more...]
Filed Under: liquidation
March 21, 2019 by Sandra

The six different types of insolvency explained
Insolvency occurs when a company or individual is unable to pay its debts as they face financial difficulty. There are a number of insolvency procedures... [Read more...]
Filed Under: liquidation
March 19, 2019 by Sandra

How to handle a County Court Judgement
As a business owner, it can be easy to panic if you receive a county court judgement (CCJ) through the post, especially when so much is at risk. But, if... [Read more...]
Filed Under: liquidation, Disolution
August 6, 2018 by Sandra

Closing Down a Solicitors Practice: SRA Rules You Need to Know
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Filed Under: Insolvency, liquidation, administration
June 28, 2018 by Sandra

Antecedent transactions: why preferential payments are a bad idea
No one wants to see their business fail. It can be a very upsetting time for any businessperson. Just as you’re coming to terms with its failure and... [Read more...]
Filed Under: Insolvency, liquidation
June 18, 2018 by Sandra

The UK care sector is in trouble and it’s a problem for all of us...
With austerity still very much a watchword in this country and the pursestrings showing no sign of loosening, many UK industries are struggling. The... [Read more...]
Filed Under: Insolvency, liquidation, administration