If you’re wondering what happens to employees when a company goes into liquidation, the experts at Irwin Insolvency are here to explain everything you need to know.
If a company is liquidated, it ceases to exist. Liquidation sees a company closed down with its assets sold off, before it’s struck from the Companies House register.
For members of staff, this can be a stressful, unpredictable and confusing time, so it’s important to know your employee rights. Liquidation will usually result in the loss of jobs, but you may be able to claim for redundancy, lost wages and holiday pay.
Let’s begin by delving deeper into what liquidation means for employees and how it affects them
I would like to indicate my appreciation of the polite and professional manner in which business was conducted. Thank you to you and the team.
Mr. B D
Thank you for all your help in the liquidation. I will always pass on your details and recommend you.
Mr. J M
Just to say thanks very much for your professional assistance in the Liquidation. It was a pleasure dealing with you and I will be sure to pass on your details to anyone who should be requiring similar support. All the very best.
Mr. D M
Get in Touch
With over 25 years of experience, helping people just like you, we are committed to providing you with all the help and advice you need during these challenging times. Simply give us a call, drop us an email or fill in the form to find out how we can help you.
Our Office
Irwin & Company,
Station House,
Midland Drive,
Sutton Coldfield,
West Midlands B72 1TU
Call us
0800 254 5122
Email us
[javascript protected email address]
Fill in the form below and a member of our expert team will be in touch to discuss how we can help you.
"*" indicates required fields