A Manufacturer Liquidation

Quantuma successfully tackle a manufacturer Liquidation.

Overview:

  • Client referred to Quantuma by an accountancy firm who recognise us for our speedy response, ability to gain quick understanding of client situations and provide solid solutions
  • Company insolvent with significant debtor book to collect

Outcomes:

  • Company placed into liquidation with documentation gathered to support book debt recoveries
  • Specialist solicitors instructed to collect the debtor book with the outcome that c. 90% realised
  • Preferential creditors paid in full
  • Unsecured creditors received 50p in the £

 

For more information on Liquidations, please click here