About Us

The team behind 123 Insolvency is a highly experienced team of specialist insolvency practitioners. Combined, the team has more than one hundred years of experience in providing insolvency service to business directors with financial difficulties.

Our Services

Should you choose 123 Insolvency as a partner to help you through corporate insolvency matters, you will be assigned a specialist insolvency practitioner to support you through the process.

1. The team has over 100 years of experience in helping, guiding and providing reassurance to business owners with financial problems.

2. All advice provided to businesses is in plain English, clear, precise and confidential.

3. We are qualified to guide you through the Liquidation process.

What is Insolvency?

If a company does not have sufficient assets to cover its debts or if it is unable to pay its debts as they fall due.

What is Creditors Voluntary Liquidation?

This is a procedure controlled by the directors to formally wind the company up. In this procedure shareholders and directors have agreed that the business is insolvent and cannot continue to do business.

We can decide if creditors' voluntary liquidation is the route for your company to take. It may be suitable for your business to enter creditors' voluntary liquidation if your company is insolvent, your debts outweigh your asset value, or if you lost your willpower and motivation to lead the company back into stability.

There are other insolvency processes that could be used other than liquidation. Once we understand the issues relating to your company we will make you aware of any other process that we think may be worth thinking about. We will fully explore with you these options and help you make the right decision as to how to proceed.

To discuss Creditors' Voluntary Liquidation in more detail please contact us for a no obligation consultation.