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Waterstone Insolvency is a specialist insolvency practice that specialises in commercial appointments.
We have a team of professional staff who can administer a liquidation.
Most of our appointments come from business owners who choose to
appoint a liquidator rather than accept a liquidator appointed by
a petitioning creditor.
If you are considering closing your business, or if a creditor is
petitioning the court to liquidate your business, it is important
to understand that you can choose to appoint a liquidator yourself
and you do not need to accept the liquidator chosen by your creditors.
Why choose Waterstone Insolvency?
Waterstone Insolvency is a commercially focused practice. We are
diligent at obtaining the best commercial result for all parties.
My business is in trouble - What options
do I have?
The 2 main options are Liquidation
or Voluntary Administration.
There are a number of other options to consider, including a compromise
with creditors, selling your business, looking for additional capital
and so on. We assume that you have explored these options and have
not found the answer you are looking for. These options are not
to be taken lightly, and may result in you losing all of your investment
in your business, and possibly walking away with a substantial debt
and possibly personal bankruptcy.
It is also very important to understand that, once you start considering
these options it becomes increasingly likely that you will proceed
down one or both of these tracks. If you feel that your company
is not going to make it, the sooner you call in a liquidator or
an administrator, the better the result for all parties, including
yourself.
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