If you are a director of a limited company – which has been trading for over two years – and you are considering closing the company due to financial struggles (i.e. HMRC debts, creditor pressure, cash flow worries, potential insolvency), it is likely that you can claim for director redundancy for which the average UK claim is £12,000. In addition, it's likely you can claim for other statutory ent
itlements such as notice pay, holiday pay and unpaid wages - yet many company directors are not aware that these entitlements are available to them. Even if your company is already in the process of liquidation or has recently been liquidated, it is likely that you can still claim for post insolvency redundancy payments in addition to other statutory entitlements i.e. It is truly remarkable how many UK company directors are unaware of their statutory right to claim monetary entitlements when their business has gone into liquidation. It is often a highly emotional, stressful and financially-challenging time for a director when their company has been wound up and awareness of their legitimate right to a redundancy payment could make a huge difference in softening the blow of their livelihood coming to an end. At RedundancyClaim.co.uk, we have over 40 years of insolvency experience and, through working closely with the Redundancy Payment Service, a wealth of knowledge with how the redundancy process works. Our team wholly understands the laws which govern making a legitimate redundancy claim and, in recent years, we have invested in internal systems to the benefit of making the claim process as efficient as possible for all UK company directors.
