When a company enters liquidation, the decision has been made for the business to cease trading and the legal entity will be dissolved. The main objective becomes the realisation of as much value as possible for the company’s creditors and shareholders rather than trying to secure a future for the company, although that’s not to say that the business won’t rise from the ashes in another form.
In most cases when the company ceases trading a third party will step in to liquidate it - in other words, turn any and all of its assets into cash to be distributed between creditors and shareholders.
For opportunistic businesses and investors, a business in liquidation is a potential goldmine. Whether it’s premises, machinery, stock or any other asset, buyers who are early on the scene will have the chance to purchase the liquidated company’s assets at well below their market value.
How you make a profit on the purchase of liquidated assets is down to you. Some buyers might have the connections in place that they can simply sell the assets on with a markup, while others are looking for assets they can use to facilitate the growth of their own business.
As with all distressed business or asset purchases, being among the first to know about a liquidation is essential.
Subscribers of Administration List receive notifications of all companies in liquidation throughout the UK and contact details for their liquidators. With subscriptions available from just £9.95, why not join them today and increase your chances of finding quality company assets at below market value prices.
|28 Jul 2021||Appointment of Liquidators||KINGSWINFORD||£12.1k||Engineers|
|28 Jul 2021||Appointment of Liquidators||DERBY||£158||Financial management|
|28 Jul 2021||Appointment of Liquidators||BRENTWOOD||Public Houses and Bars|
|28 Jul 2021||Appointment of Liquidators||COLNE||£31.2k||Wholesale of clothing|
|28 Jul 2021||Appointment of Liquidators||SETTLE||£79.3k||Engineering|
|28 Jul 2021||Appointment of Liquidators||POOLE||£244.8k||Wholesale of hardware, plumbing and heating equipment and supplies|
|28 Jul 2021||Appointment of Liquidators||BARNSLEY||£72.8k||Event Catering Activities|
|28 Jul 2021||Appointment of Liquidators||DEWSBURY||£32.7k||Car Dealer|
|28 Jul 2021||Appointment of Liquidators||COVENTRY||Provider of freight transport services by road|
|28 Jul 2021||Appointment of Liquidators||LONDON||£341.2k||Manufacture of other fabricated metal products not elsewhere classified|