How Long Does Liquidation Take in the UK?

Anderson Brookes Insolvency Practitioners help directors close limited companies with debt quickly, legally and with expert guidance every step of the way.

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How Long Does Liquidation Take in the UK?

Anderson Brookes can place a company into liquidation within just 8 days. If you’re under pressure from creditors, facing legal threats, or want clarity fast – we can help. This initial step is the key. 

Call 0800 1804 933 or email advice@andersonbrookes.co.uk for free, expert guidance.

The process, led by creditors through the court, can be much slower, up to 18 months or more in more complex cases and depending on how long it takes to:

  • Prepare and serve a winding-up petition

  • Wait for a court hearing (can take 6–10 weeks)

  • Appoint an Official Receiver or liquidator

  • Administer assets and complete investigations

Because directors lose control of the process, and creditor and court timelines are involved, it can be stressful and uncertain.

When your business is struggling, knowing how long the liquidation process might take can help reduce uncertainty and support informed decisions. While every case is different, here’s what to expect depending on the type of liquidation and your company’s circumstances.

 

Typical Liquidation Timeframes

Type of LiquidationAverage Time to Completion
Creditors’ Voluntary Liquidation (CVL)6 to 12 months (can begin within 7–10 days of instruction)
Members’ Voluntary Liquidation (MVL)3 to 6 months (if tax clearance is smooth)
Compulsory Liquidation12 months or longer (often delayed due to court timelines)

7 Key Steps to a CVL

Timeline for a Creditors’ Voluntary Liquidation (CVL)

A CVL is typically the quickest route to close an insolvent company in a controlled way. Here’s how it usually unfolds:

Day 1 – 3: Initial consultation and fact-find with an insolvency practitioner (IP).

Day 4 – 7: Drafting the Statement of Affairs (SOA), issuing notices to shareholders and creditors, and preparing for the decision date.

Day 8 – 10: Company enters liquidation. IP appointed formally. Creditors are notified.

Month 2 – 6: IP works through asset realisation, employee claims, and creditor distributions.

Month 6 – 12: Final reports prepared and submitted. Company struck off the Companies House register.

Anderson Brookes can place a company into liquidation within just 8 days from first instruction, thanks to our focused team, streamlined process, and experience supporting directors across sectors.

 

Timeline for a Members’ Voluntary Liquidation (MVL)

If your company is solvent and you’re closing for retirement, restructuring, or tax reasons, an MVL is often faster.

Day 1–5: Declaration of Solvency prepared and signed.

Day 6–10: Shareholder meeting to appoint a liquidator. Company enters MVL.

Month 2–4: Distribution of assets to shareholders.

Month 3–6: HMRC tax clearance. Final accounts submitted. Company dissolved.

Delays can occur if HMRC clearance is slow or if asset values are disputed. Your IP will advise on how to avoid delays.

Why Directors Choose Anderson Brookes

With more than 25 years’ experience and thousands of directors helped, we’re trusted by business owners across the UK. You can speak directly with an expert insolvency practitioner and we’ll help you understand your options clearly and quickly. We specialise in working with small and medium businesses and we understand your perspective and priorities. 

Ready to
Move On?

If you’re ready to close your company, stop creditor pressure, or just want to understand your next steps, we’re here to talk. 

Call us now on 0800 1804 933 or request a call back - we’re here to help.

Our Team

At Anderson Brookes, our experienced and approachable team works closely with company directors across the UK to provide practical, straightforward insolvency advice and support.

Neil Batty

Managing Director

Rikki Burton

Licensed Insolvency Practitioner

Jasmine Baxter

Licensed Insolvency Practitioner

Rebecca Marden

Operations Manager

Mike Halliday

Senior Business Advisor

Ashley Jones

Insolvency Advice Manager

Testimonials

Our clients praise our professionalism, reliability, and the exceptional support we provide during challenging times, helping thousands of company directors through insolvency, liquidation, and business debt solutions.

What Can Delay Liquidation?

  • Missing or disorganised company records

  • Delays gathering creditor information

  • Disputes over director conduct or unpaid loans

  • Waiting for HMRC tax clearance (especially in MVLs)

  • Complex asset sales or lease transfers

Acting early, providing clear records, and appointing an experienced IP can reduce delays.

Fast-Track Support from Anderson Brookes

Anderson Brookes is one of the UK’s most responsive licensed insolvency firms. We can place a company into liquidation within just 8 days of first contact in most cases. Our clear, director-focused approach helps you:

  • Avoid unnecessary stress and delays

  • Get protection from creditor action quickly

  • Receive clear, plain-English advice throughout

Call 0800 1804 933 or email advice@andersonbrookes.co.uk for a free, confidential consultation.

Closing a Limited Company with Debts?

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Start closing your limited company today. Placed into liquidation within 8 days. We fully understand that timing is critical.

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Steven Kendall-Torry
Steven Kendall-Torry
Having to shut down your business is a very emotional and scary journey and although you think you’ve done everything correctly there’s always something you get wrong , small print , and rules one is unaware of which can surprise bite you on the bum and ruin your day ! We were fortunate to have Laura , Katie and the background Riki who considering they have a fairly thankless job to do they were always polite , very patient , and as helpful as they could be considering they generally were giving bad news which was rarely expected or welcome. Altogether they were good listeners and helpful we had to understand they still had to follow rules and a job to do and they managed the balancing act extremely well. Many thanks
Madeleine Cole
Madeleine Cole
We had the unpleasant, highly stressful experience of being the Directors of a business that was beyond help, despite our best efforts. Jon was absolutely brilliant, going way above and beyond. Not only was Jon a professional, knowledgeable person helping us go through the process of a liquidation, but he was also a safe pair of hands, and an empathetic voice to discuss even the tiniest detail with. He never rushed us, he used language that we understood and he was an excellent communicator. Jon made a very stressful, upsetting time feel manageable and in control.
Harvey J
Harvey J
Efficient and Professional Experience Two words to describe the experience: efficient and professional. No doubt you can appreciate that it’s a very stressful time for directors, but from my initial telephone conversation with Mike, and the decision to enter into a CVL, the process from start to finish was completed within two weeks. In addition to Mike, I would also like to mention the professionalism of the two other members of the AB team, Steve and Emmy. Worth mentioning as well that, where it was possible, the lines of communication were via WhatsApp which again massively improved and streamlined the whole process.
 Derek Clarke
Derek Clarke
It has become very unfortunate that the company has had to go into administration. Anderson Brookes have bee efficient, reactive to our needs and totally communicate every step of the way. The experience whilst personally been painful to have to make such a decision, the company dealing with these affairs have acted professionally and been responsive to our questions.
Vie Sidibe
Vie Sidibe
Great service. I wish I got in touch earlier. I'm finally getting some proper sleep. Thank you to Emmie and the team 🙏
 Andrew Colley
Andrew Colley
With the help of Anderson Brookes I now have a massive weight of my shoulders. They were very helpful from start to finish.
 Lynne Bull
Lynne Bull
From the first call I received from Anderson Brookes I was very impressed with how friendly and professional they were. I agreed to take them on to liquidate my company and very pleased with my decision. All done and dusted in very quick order.
Ray Gowrie
Ray Gowrie
First Class Company,Friendly, Knowledgeable, Caring, Most Helpful And Give Great Peace Of Mind. They Took All The Worry And Weight Off My Shoulders And Gave Me Great Peace Of Mind To Let GoOf My Problem. thank You Ever So Much Rebecca Marsden And Her Team.
Andrew P
Andrew P
They are amazing in what they do, affordable fees compairing to other brookers, helped me with a LTD insolvency, i am over the moon with their services, would highly recommend. They are really knowledgable and straight forward.
 Lewis Beaumont
Lewis Beaumont
Amazing company who conducted our liquidation very thoroughly and professionally, I was fortunate enough to have Jon Rudd as my case manager who helped me every step of the way. Highly recommended and a big thank you to you Jon!
Jaspreet Singh
Jaspreet Singh
Mr Rikki Burton and team are very professional, efficient and patient. The work conducted was very smooth and the transition Was without any hiccups. They gave time to put evidences upfront to support the liquidation. Great communication and highly recommended.
 Luke Singleton
Luke Singleton
I used Anderson Brookes when I got into bother with my ltd company. After getting other prices and talking with different companies I felt happiest with these. Great service helped throughout and any questions I had (I had a lot) they were more than happy to answer and put my worries at ease. Top marks thank you to everyone that has helped
James Cockney
James Cockney
I was assisted every step of the way by Rebecca and her team. Eddy was very helpful through the entire process. I would highly recommend Anderson Brookes to anyone going through a similar situation to me.

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As licensed insolvency practitioners, we provide regulated business debt advice and support for company directors.