Compulsory Liquidation in Greater London (Ealing)

At Fast Insolvency, we offer professional support to directors whose companies are facing or undergoing compulsory liquidation in Greater London (Ealing).

This court-led process is triggered when a creditor petitions to wind up a company over unpaid debts.

Contact us now for free, confidential advice if your business has received a winding-up petition or is at risk of compulsory liquidation in Greater London (Ealing).

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What Is Compulsory Liquidation in Greater London (Ealing)?

Compulsory liquidation in Greater London (Ealing) is a legal process where the court orders a company to be closed and its assets sold to pay creditors.

This process begins with a winding-up petition filed by a creditor, often due to unpaid debts exceeding £750 in Greater London (Ealing).

Who Can Apply to Wind Up a Company in Greater London (Ealing)?

Any creditor, shareholder, or director can apply, but most petitions come from creditors such as HMRC in Greater London (Ealing).

The court in Greater London (Ealing) must be satisfied that the company is insolvent and unable to pay its debts.

What Triggers Compulsory Liquidation in Greater London (Ealing)?

The most common trigger is non-payment of debt following a statutory demand, court judgment, or ongoing default in Greater London (Ealing).

Once a creditor files a petition, the court sets a hearing date to determine whether to grant a winding-up order in Greater London (Ealing).

What Happens After a Winding-Up Order Is Made in Greater London (Ealing)?

Control of the company passes immediately to the Official Receiver in Greater London (Ealing), who investigates director conduct, closes the business, and arranges the sale of assets.

The company in Greater London (Ealing) ceases trading and is eventually struck off the Companies House register.

Can I Stop Compulsory Liquidation Once It Starts in Greater London (Ealing)?

Yes, but only before the court grants the winding-up order in Greater London (Ealing).

You can pay the debt in full, dispute the petition, or seek a Company Voluntary Arrangement (CVA) or administration to avoid liquidation in Greater London (Ealing).

What Are the Consequences for Directors in Greater London (Ealing)?

Once liquidation begins in Greater London (Ealing), directors lose control of the company and must cooperate fully with the Official Receiver.

They may also face investigation in Greater London (Ealing), and if misconduct is found, they could be disqualified or held personally liable.

What Happens to Employees in Compulsory Liquidation in Greater London (Ealing)?

All employees are automatically made redundant in Greater London (Ealing), but they may be eligible to claim unpaid wages, redundancy pay, and holiday pay from the government’s Redundancy Payments Service.

Will I Be Personally Liable for Company Debts in Greater London (Ealing)?

Directors are not personally liable for most company debts unless they’ve signed personal guarantees or engaged in wrongful trading in Greater London (Ealing).

If the court finds misconduct, personal liability could follow in Greater London (Ealing).

How Long Does Compulsory Liquidation Take in Greater London (Ealing)?

The process can take 12 to 24 months in Greater London (Ealing), depending on the complexity of the company and how quickly assets are realised and creditors repaid.

Will the Company’s Assets Be Sold in Greater London (Ealing)?

The Official Receiver or liquidator in Greater London (Ealing) will sell company assets, such as stock, equipment, and property, to repay secured and unsecured creditors.

What Is the Role of the Official Receiver in Greater London (Ealing)?

The Official Receiver is appointed by the court to manage the liquidation in Greater London (Ealing).

They investigate the company’s affairs, sell assets, deal with creditor claims, and assess director conduct during the lead-up to insolvency in Greater London (Ealing).

Can I Trade After Liquidation Starts in Greater London (Ealing)?

Once the winding-up order is made in Greater London (Ealing), the company must cease trading immediately.

Continuing to trade could result in personal liability for debts incurred after liquidation begins in Greater London (Ealing).

How Does Compulsory Liquidation Differ from Voluntary Liquidation in Greater London (Ealing)?

Compulsory liquidation is court-enforced and usually creditor-led, while voluntary liquidation is initiated by directors and shareholders in Greater London (Ealing).

In voluntary cases in Greater London (Ealing), directors have more control and can appoint their own licensed insolvency practitioner.

Is the Liquidation Process Public in Greater London (Ealing)?

Winding-up petitions and liquidation orders are published in the London Gazette and recorded at Companies House in Greater London (Ealing), making them accessible to the public.

Why Choose Fast Insolvency in Greater London (Ealing)?

We provide immediate, expert advice in Greater London (Ealing) for companies facing compulsory liquidation.

Our licensed professionals in Greater London (Ealing) act quickly to assess your situation, stop legal action where possible, and help protect you as a director in Greater London (Ealing).

Get Free Compulsory Liquidation Advice Today in Greater London (Ealing)

If your company has received a winding-up petition in Greater London (Ealing) or you’re worried about compulsory liquidation, time is critical.

Contact Fast Insolvency now in Greater London (Ealing) for free, same-day advice and take control before the court acts.

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