Liquidation Centre

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Liquidation Centre Simple, Fast & Affordable company liquidation service, with SFP you are in safe hands!

Hospitality businesses are paying 82p in business taxes for every ÂŁ1 of pre-tax profit, the highest effective tax rate o...
14/10/2026

Hospitality businesses are paying 82p in business taxes for every ÂŁ1 of pre-tax profit, the highest effective tax rate of the UK sectors analysed.

With costs continuing to rise, the sector is facing significant financial pressure. There were 3,201 company insolvencies in accommodation and food services in the 12 months to August 2026, and our team is receiving liquidation enquiries from hospitality businesses.

Kirsty Mills, Senior Consultant at The Liquidation Centre, explains:

“A lot of the recent calls I’ve been having reflect just how difficult things are for some hospitality businesses. Rising wages, National Insurance and business rates are all adding up, and many are also paying 20% VAT on sales. When costs remain high and cash flow is under pressure, it can become increasingly difficult for businesses to keep on top of their financial commitments, despite their best efforts.”

If you’re a director struggling financially, a free discussion with our team can help you understand your options before the situation becomes more difficult.

"Don't be afraid to talk."That's Simon's advice to other directors in his review this week, and we couldn't agree more.W...
08/10/2026

"Don't be afraid to talk."

That's Simon's advice to other directors in his review this week, and we couldn't agree more.

Whether you're looking to close a solvent company or your business is facing financial difficulty, it can be hard to know where to start. It's lovely to hear that speaking to Kirsty Mills put Simon's mind at ease and left him feeling clear about his options.

Kirsty is one of our Senior Consultants, and if you get in touch with us, she's one of the first people you'll speak to. She'll always take the time to listen to your situation before talking you through your options.

Our first conversation is free, there's no obligation to go any further, and we'll always give you an honest view of where you stand.

Thank you Simon for taking the time to leave such a kind review, and well done Kirsty! 👏

We're delighted to have taken home 'Best Liquidation Provider' once again at The Contracting Awards 2026! 🏆A huge well d...
06/10/2026

We're delighted to have taken home 'Best Liquidation Provider' once again at The Contracting Awards 2026! 🏆

A huge well done to our team, including everyone behind the scenes who works hard every day to support directors and their businesses through the liquidation process.

It was another fantastic evening celebrating the brilliant service providers supporting the contracting industry, so congratulations to all the other winners and finalists. 🧡

Are you thinking of dissolving your company? Make sure you check it qualifies first. Directors have to meet all of the b...
04/09/2026

Are you thinking of dissolving your company? Make sure you check it qualifies first. Directors have to meet all of the below conditions before applying, so if your company doesn't tick every box, a liquidation may be a better option.

We've put together a full guide, including the DS01 process, costs and timescales here: https://liquidationcentre.co.uk/knowledge-hub/how-to-dissolve-a-company/

Two reviews for Patrick in the same week! 👏If you get in touch with us about liquidating your insolvent company, Patrick...
27/08/2026

Two reviews for Patrick in the same week! 👏

If you get in touch with us about liquidating your insolvent company, Patrick is one of the people you'll speak to first. He'll listen to your situation and talk you through your options honestly. Even if he thinks liquidation isn't the right route for your business, he'll always be upfront about it.

Well done Patrick on these fantastic reviews, and thank you to the clients for taking the time to write them!

If your company owes HMRC and can't pay, simply striking off the company is not an option as creditors will object and C...
21/08/2026

If your company owes HMRC and can't pay, simply striking off the company is not an option as creditors will object and Companies House will reject the application.

The proper route is a Creditors' Voluntary Liquidation, where a licensed insolvency practitioner will sell the company assets, settle what they can, and any remaining unsecured debt is written off when the company closes.

You may be able to explore options to rescue and restructure your company depending on its financial circumstances. The options are explained in detail here: https://liquidationcentre.co.uk/knowledge-hub/hmrc-debt-liquidation/

Kerry recently instructed us to handle a Members’ Voluntary Liquidation and received the first distribution of funds wit...
07/08/2026

Kerry recently instructed us to handle a Members’ Voluntary Liquidation and received the first distribution of funds within just a few weeks.

Closing a solvent company doesn’t have to be complicated, and as Kerry said in her review: “At first glance the process looks very daunting, but the team were very experienced and communicated each step clearly.”

A big thank you to Kerry for sharing her liquidation experience, and well done to Grace and Maisie for communicating the process clearly from start to finish.

Beefeater has announced the closure of all 106 of its restaurants, with Brewers Fayre sites closing too. The move will a...
28/07/2026

Beefeater has announced the closure of all 106 of its restaurants, with Brewers Fayre sites closing too. The move will affect thousands of jobs across the UK and Ireland.

Richard Hunt, Director at Liquidation Centre, sees the Beefeater decision as a sign of the wider challenges facing casual dining rather than an isolated problem:

“The announced closures at Beefeater reflect the wider challenges facing the casual dining industry rather than an isolated issue. Many consumers are eating out less frequently due to the cost of living, while those who do are placing greater emphasis on value, quality and the overall dining experience. Businesses that fail to evolve alongside these changing expectations risk seeing footfall decline over time and become less profitable.

Closing underperforming sites can improve the financial health of a business, but it only creates long-term value if the remaining estate is stronger, more profitable and better aligned with what customers want."

Whether you're the employer or an employee of a company going into liquidation, it's important to clearly understand the...
24/07/2026

Whether you're the employer or an employee of a company going into liquidation, it's important to clearly understand the process and what can be claimed.

When a company goes into liquidation, employees are typically made redundant. The liquidator writes to them with a case reference number, which they use to claim through the government's Redundancy Payments Service.

What employees are entitled to claim:
- Statutory redundancy pay
- Unpaid wages, up to eight weeks
- Holiday pay owed
- Notice pay

For more information on the liquidation process and whether directors can claim the same entitlements, read our liquidation guide here: https://liquidationcentre.co.uk/knowledge-hub/what-happens-when-a-company-goes-into-liquidation/

How do you pay for liquidation if the company has no money?It's one of the concerns we hear a lot from directors, but th...
10/07/2026

How do you pay for liquidation if the company has no money?

It's one of the concerns we hear a lot from directors, but there are usually more options than people realise.

Company assets - The liquidator sells any equipment, stock, vehicles or property, and liquidation costs are paid from those funds first.

Director redundancy - If you were paid through PAYE, worked regular hours and meet the qualifying criteria, you may be able to claim statutory redundancy to help fund the process.

Instalments - In some circumstances, a licensed insolvency practitioner can agree to spread the fees over time.

If you continue to trade while insolvent and incur additional debt, it can lead to you being held personal liable for those losses.

If cost is the thing holding you back from getting advice, we can talk you through your options with a free consultation.

Full article: https://liquidationcentre.co.uk/knowledge-hub/how-to-pay-for-liquidation/

Address

Warehouse W, 3 Western Gateway, Royal Victoria Docks
London
E161BD

Opening Hours

Monday 9am - 5:30pm
Tuesday 9am - 12:30pm
Wednesday 9am - 5:30pm
Thursday 9am - 5:30pm
Friday 9am - 5:30pm

Telephone

+2038000626

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