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Thursday, 30 January 2014

Two liquidation case studies involving two connected companies

Two connected companies working in the cleaning and removals industry both fell into liquidation due to a number of problems. It is the worst case scenario but we can identify a couple of reasons why this happened:

- Too long a delay between actions, giving creditors more time to become impatient
- Too many eggs in one basket bringing down two companies

Click below for the full case study:
http://www.companyrescue.co.uk/case-study/liquidation-case-study-two-connected-companies

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Many thanks for your comments. If you have a private business problem and you want advice give us a call on 0800 9700 539 or email me at keiths@companyrescue.co.uk. If you are a professional advisor with a troubled client, please suggest they visit www.companyrescue.co.uk or contact me as above.

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