Insolvency

Liquidation

If a company is insolvent and has no realistic chance of returning to solvency, it will, more often than not, lead to liquidation.  For these purposes insolvency means either

  • its liabilities exceed its assets or
  • it cannot pay its debts as they fall due

The team within Crawfords Insolvency / RPG Business Recovery has been helping small and medium size companies through the voluntary liquidation process for 50 years and there is little which we have not seen. The process is complex and requires absolute compliance with the letter of the increasingly bureaucratic requirements of the law. Our team of insolvency practitioners will help you through every step of the way.

The new regulations which became effective in April 2017 mean that there will not usually be a physical meeting of creditors, which removes a common cause of anxiety if your company faces liquidation.

There are many ways of mitigating the impact of liquidation and RPG Business Recovery will help you with all of this either directly or in combination with your company accountants.

Liquidation should be seen as a useful and entirely lawful device, though directors should be aware that a Liquidator’s duties also include the investigation of delinquent directors and any questionable transactions.

Find out more

For further information on our services for Liquidation please call 0161 608 0000 or email info@rpg.co.uk

Get in touch

We have received an excellent service from the team at RPG for well over 20 years. We particularly appreciate RPG's real interest in our company and suggestions for improvements. The service RPG provides goes well beyond what we could expect.  The attention to detail and the prompt, professional service the team provides means that we are reassured that should we require urgent or unusual advice, the team will provide it. We would have no hesitation in recommending RPG.

Margaret Peasegood

Executive Chairman - SheffProp

I would like to thank RPG for your unbelievable help, assistance and friendship for over 40 years. Nothing has ever been too much trouble. Words alone are insufficient, and I think that the same would apply to my former colleagues and my family who have also come to rely on your advice and guidance.

Neville Johnson

Founder - Neville Johnson Offices

We have worked with RPG for many years, for good reason. They are not only extremely knowledge but they really take the time to get to know you as customers and also as people. This really makes a difference, as whilst it is of course important that you receive great service, which we do, it’s also essential to work with professionals who you can really trust and who go out of their way to know your business as well as you do, giving ultimate comfort that you are all striving towards the same goals. I cannot recommend them highly enough.

Jennie Johnson MBE

Kids Allowed

“RPG have always been our first point of call for advice on accounting, tax and financial regulatory matters and indeed have become an additional sounding board for both myself and my colleagues on strategic matters. The consistently high quality and timely advice they provide is very important to us.”

Gareth Rowe

Chief Financial Officer - ProofID

“As a family business we have been using Royce Peeling Green as our accountants for over 25 years. We have always been impressed with their expertise and depth of knowledge in all financial areas required to help run our business. There is an obvious understanding and trust between the two companies which leads to proactive approach to guide us with short and long-term financial planning. We have found everyone at Royce Peeling Green to be very approachable providing us with the reassurance that they will always provide a professional response in a timely manner.”

David Harrabin

Managing Director - Manchester Slate Ltd

RPG have now acted for our various companies for over 15 years. Their advice and commercial attitude in dealing with Tax, Audit and general businesses matters has always been of high quality and queries dealt with promptly. The team at RPG are experts in their field, they understand the SME market place well. They have been involved in all our corporate transactions, from setting up of businesses, ongoing support of our management teams through to being part of the team that negotiated the successful sale of a group company.

Jonathan Hamburger

Genesis Group International

We have received a first rate service from RPG over many years. We appreciate their attention to detail and the timely, professional and pro-active advice they provide. We would have no hesitation in recommending the team at RPG.

Stephen Rector

Managing Director – Ribble Packaging Limited