Need to Liquidate Your Company Quickly and Legally?

If you’re a Director of a Company or a Member of a Close Corporation (CC) and you know your business will not be able to pay its debts in the next six months, you are legally obligated to liquidate the entity. Continuing to trade while insolvent is not just irresponsible—it’s a criminal offense.


Types of Business Liquidation

There are two legal routes:

Voluntary Liquidation

– All directors or members agree the business is financially distressed.
– A special resolution is passed to begin the liquidation process.
– This is faster, simpler, and more cost-effective.

Compulsory Liquidation

– Initiated by a creditor through a court application.
– Often leads to prolonged legal disputes and increased costs.

What Happens During Liquidation?

Once the process is complete, the company no longer exists—its affairs are fully resolved, and you are free to move on without lingering financial baggage.

Liquidation is a formal legal process where a Liquidator is appointed to:

  • Settle legal disputes

  • End company operations

  • Cancel or finalise contracts

  • Legally dissolve the company

  • Collect outstanding debts

  • Distribute funds fairly to creditors

Why Choose Us?

25+ years of specialist insolvency experience

Business Liquidation is a formal legal process where a court-appointed liquidator winds down your business.

Hundreds of successful liquidations completed

We assess your situation and advise on the best course of action. We also handle all documentation, court filings, and resolutions.

Fast, compliant process with minimal stress

We liaise with the liquidator and represent your interests throughout. We ensure all legal obligations are met.

Whether you’re ready to act or still exploring your options, our team is here to offer clear advice and a clear path forward.