Compulsory Liquidation in Kent

At Fast Insolvency, we offer professional support to directors whose companies are facing or undergoing compulsory liquidation in Kent.

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 Kent.

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What Is Compulsory Liquidation in Kent?

Compulsory liquidation in Kent 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 Kent.

Who Can Apply to Wind Up a Company in Kent?

Any creditor, shareholder, or director can apply, but most petitions come from creditors such as HMRC in Kent.

The court in Kent must be satisfied that the company is insolvent and unable to pay its debts.

What Triggers Compulsory Liquidation in Kent?

The most common trigger is non-payment of debt following a statutory demand, court judgment, or ongoing default in Kent.

Once a creditor files a petition, the court sets a hearing date to determine whether to grant a winding-up order in Kent.

What Happens After a Winding-Up Order Is Made in Kent?

Control of the company passes immediately to the Official Receiver in Kent, who investigates director conduct, closes the business, and arranges the sale of assets.

The company in Kent ceases trading and is eventually struck off the Companies House register.

Can I Stop Compulsory Liquidation Once It Starts in Kent?

Yes, but only before the court grants the winding-up order in Kent.

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

What Are the Consequences for Directors in Kent?

Once liquidation begins in Kent, directors lose control of the company and must cooperate fully with the Official Receiver.

They may also face investigation in Kent, and if misconduct is found, they could be disqualified or held personally liable.

What Happens to Employees in Compulsory Liquidation in Kent?

All employees are automatically made redundant in Kent, 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 Kent?

Directors are not personally liable for most company debts unless they’ve signed personal guarantees or engaged in wrongful trading in Kent.

If the court finds misconduct, personal liability could follow in Kent.

How Long Does Compulsory Liquidation Take in Kent?

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

Will the Company’s Assets Be Sold in Kent?

The Official Receiver or liquidator in Kent 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 Kent?

The Official Receiver is appointed by the court to manage the liquidation in Kent.

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

Can I Trade After Liquidation Starts in Kent?

Once the winding-up order is made in Kent, the company must cease trading immediately.

Continuing to trade could result in personal liability for debts incurred after liquidation begins in Kent.

How Does Compulsory Liquidation Differ from Voluntary Liquidation in Kent?

Compulsory liquidation is court-enforced and usually creditor-led, while voluntary liquidation is initiated by directors and shareholders in Kent.

In voluntary cases in Kent, directors have more control and can appoint their own licensed insolvency practitioner.

Is the Liquidation Process Public in Kent?

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

Why Choose Fast Insolvency in Kent?

We provide immediate, expert advice in Kent for companies facing compulsory liquidation.

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

Get Free Compulsory Liquidation Advice Today in Kent

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

Contact Fast Insolvency now in Kent for free, same-day advice and take control before the court acts.

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