Liquidation

Redundancy Pay

Understanding Eligibility for a Director Redundancy Payment in the United Kingdom

Most company directors are likely already aware that statutory redundancy payments are available that their employees can claim if they work for a business for at least two years. Many directors might not know that they, too, may well be able to claim for these payments as well. If your business is struggling financially and …

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Fundamentals of the Liquidation

Fundamentals of the Liquidation Method of Business Valuation in the UK

When a company is put into liquidation, this is a method of evaluating the worth of a business. It measures what the company is worth as a whole when all of its physical assets and intangible assets are taken into account. It is only used when an organisation finds itself in difficult financial times or …

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BT Pension Scheme

How Mini-Budget Caused ‘Full-Scale Liquidation Event’ for Pension Funds in the UK?

When Kwasi Kwarteng revealed the UK’s mini-budget back in October 2022, there was a massive dip in the value of pensions throughout the UK, which led to near enough a full-scale liquidation event. In fact, BT pensions alone had their values plummet a staggering £11billion after the mini-budget was announced. The Publishing of the BT …

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Voluntary Liquidation in England

Why Did England and Wales Experience a Record Number of Voluntary Liquidations in 2022?

Navigating the economy as a business has always been challenging. This is because there are always issues beyond an organisation’s control that can affect how consumers engage with them and the value of the products and services they sell. This has always been the case, but it hit unprecedented heights in 2020 as the coronavirus …

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How to Liquidate an Estate’s Securities and Real Estate in the United Kingdom?

An estate administrator has a number of different responsibilities, but one of their main roles is to liquidate (which means to distribute or sell) the assets of an estate. Such liquidation can be helpful when it comes to paying off any debts that have been racked up by the estate, as well as expenses they …

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What Can Simple Liquidation Do for Your Business?

Liquidating your company can often be a stressful task. This doesn’t have to be the case, though. Simple Liquidation was set up to help so directors like yourself can do it quickly and efficiently. Each of our liquidators is authorised by the Insolvency Practitioners Association and the Institute of Chartered Accountants in England and Wales. …

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