Welcome to Scotland Liquidators. We are a team of licensed insolvency practitioners and business debt experts, working with company directors across Scotland to help them understand their options and plan for the future. Based out of five offices in Scotland, we operate across the entire country, meaning no matter where in Scotland you are you are never far from expert help and advice for your limited company.

Liquidation can be used to close both solvent and insolvent companies, giving directors the chance of a fresh start while ensuring their current business is brought to an end in an orderly manner and in accordance with the Insolvency Act 1986. If your company has found itself in an insolvent position, you have a responsibility towards your outstanding creditors during this time which include not engaging in any action to worsen their position. By taking advice from a licensed insolvency practitioner as soon as possible, you can help shield creditors from any further losses.

If your company is solvent, closing the business by way of a formal liquidation procedure known as a Members’ Voluntary Liquidation, may well be the most tax-efficient and cost-effective way of achieving closure whilst also ensuring all loose ends are tied up correctly.

There are three main ways of voluntarily bringing a company to an end: Creditor’s Voluntary Liquidation (CVL), Members’ Voluntary Liquidation (MVL), or company strike off. It is essential that you understand the advantages and disadvantages of each process before you commit to going ahead with any of these options. At Scotland Liquidators, our licensed insolvency practitioners and business debt experts are on hand to provide the help and advice you need during these challenging times.