If a company goes into liquidation then it’s employees will be made redundant as it legally ceases to exist. Entitlements vary depending on age and length of service with the company but there are other variables including redundancy pay, unpaid wages, outstanding holiday pay, notice pay and unpaid pension contributions.
Employed directors may also be eligible for redundancy pay. Our partner company Redundancy Assist can review your situation and assess your statutory entitlements.
Business Rescue Expert is part of Robson Scott Associates Limited, a limited company registered in England and Wales No. 05331812, a leading independent insolvency practice, specialising in business rescue advice. The company holds professional indemnity insurance and complies with the EU Services Directive. Christopher Horner (IP no 16150) is licenced by the Insolvency Practitioners Association