Company liquidation, liquidators, voluntary liquidation, insolvency practitioners - BRS Associates.

BRS Associates provides liquidation services to companies considering liquidation, including information regarding voluntary liquidation. We are independent insolvency practitioners providing expert, unbiased advice for businesses that are facing potential insolvency, statutory demands, or feel they are going bankrupt.

BRS Associates can also assist individuals by providing bankruptcy advice from independent insolvency practitioners regarding going bankrupt and the effect winding up orders can have on directors. We also provide insolvency, restructuring and financial solutions for companies and individuals.

What can BRS do for you?

Company Liquidation - BRS can assist directors who recognise that company liquidation is their only option. We are ready to discuss other options apart from company liquidation but should company liquidation be the right solution we will act quickly to start the company liquidation process.

Voluntary Liquidation v Compulsory Liquidation - Voluntary liquidation is initiated by the directors who having regard to the company's position feel it appropriate to put it into voluntary liquidation. The directors call a meeting of members and creditors to put the company into voluntary liquidation. An insolvency practitioner is appointed to liquidate the assets and distribute the net proceeds to creditors and members should sufficient funds allow. In compulsory liquidation the liquidation process is taken out of the hands of the director and the costs tend to be higher than in voluntary liquidation.

Insolvency Practitioners - We are an independent firm of insolvency practitioners licensed to carry out both creditors' voluntary liquidations and members' voluntary liquidations. Only licensed insolvency practitioners are authorised to liquidate companies. As insolvency practitioners we can also place companies into Administration to provide a temporary shelter from creditor pressure enabling a rescue plan to be formulated. We also initiate Company Voluntary Arrangements and as Insolvency Practitioners, provide a supervisory role whilst allowing the company to continue to trade.

Professional Advisors - Do you have a client facing severe financial difficulties? BRS Associates can provide a free initial consultation to outline all the options available.

Businesses - If you own a company that is underperforming financially, BRS will help you identify ways that it may be possible to help turn the business around.

Individuals - BRS can help you to manage your debts and understand all the choices open to you be it bankruptcy or an individual voluntary arrangement (IVA).

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