At Dissolve, we understand that sometimes a small company must be liquidated but the Directors are concerned that if they appoint a Liquidator all of the assets of the company will be chewed up in liquidator’s fees. That is a valid concern because most registered liquidators will charge hourly rates and the Directors will have limited or no control over the approval of fees after the appointment of a liquidator (fees are approved by the creditors).
Where liquidation is needed we normally recommend a Creditors Voluntary Liquidation, or “CVL”, which is quick, simple and inexpensive. In many cases the liquidation is not complicated and so we can offer our Small Company Liquidation package. It is designed to be low-cost and easy to initiate.
Download our Small Company Liquidation Package here
In the situation where a company has some assets, we can offer liquidation at NO COST TO THE DIRECTORS. All we need to do is establish that the assets of the company will be worth more than specific minimum amount and we will accept the appointment as liquidator with no requirements for the directors to pay our fees. What happens is that, as liquidator, we sell or realise the assets. Those funds are used to pay our fees, with the approval of creditors.
We are also happy to provide a FIXED FEE QUOTE for all standard liquidation services. It is sometimes necessary to exclude services for unexpected events but if an unexpected event arises we will call a meeting of creditors to explain any variations to our fee and obtain creditor approval.
So what is the “specific minimum amount” we mentioned above? It varies a little depending on the location and nature of the assets. Why not CALL US NOW and we can discuss the specific situation of your company and see if you can appoint us at no cost to the directors. At Dissolve we really do want you to call because if you can obtain a cheaper quote elsewhere we want to know about it so we can beat it.
“I’ve now referred two liquidations to Dissolve and in both cases my clients were amazed at the ease of the appointment process and how quickly the liquidation was finished.”…
Partner of a Sydney Accounting Firm
“Cliff and his staff provided a fast, efficient and friendly service. The process was simplified and all steps were communicated well. The price was exactly as advertised with.”…
Director of a Property Development Company
“…after I gave Dissolve the go-ahead I received the No Asset Liquidation Package within two hours and I had the company in liquidation the next morning.”…
Director of a Fashion Retailer