0330 088 11 32OK. So you are Liquidating your company – now what?
In most cases you can carry on as if you had never had the company in the first place. However, there are potentially a couple of stumbling blocks.
Personal Guarantees. If you have given a guarantee on a debt (banks tend to ask for these) then you will have to deal with this. You are now personally liable for that debt. In most cases though the guarantee holder will just want to agree a repayment plan.
VAT. If HMRC have lost a significant amount of money through your previous Liquidation then they may ask for a deposit on your future VAT payments (if your new company is VAT registered, of course).
Banks. Depending on the bank you use, and your history with them, they may well want to know why the company went into Liquidation. Some are more stringent on this than others.
Apart from that, there are few side effects to worry about, just spend your time getting on with your new life.
How can we help
Unlike other Liquidation Companies, we have structured ourselves and our Voluntary Liquidation Services in a way that benefits you the most.By Liquidating through us, we will:-
- Ensure you are aware of any problems before you commit
- Make sure your Liquidation goes as smoothly as possible
- Deal with any problems before they arise
- Reduce the chances of needing us again
- Take as much pain as possible out of Voluntary Liquidation
To make a fresh start in Business today - call 0330 088 11 32 now.