Wind-up and Liquidation Support

While winding up and liquidating a business might seem straightforward, it is often a complex process laden with challenges. Our Wind-up and Liquidation Support service is specifically designed to navigate these complexities efficiently.

Acting as your liquidator we can coordinate all parties to keep the process on track and on a tight schedule guaranteeing a convenient wind up, saving you from expenses that you would otherwise incur. In addition, we can also be a second set of eyes on your bookkeeping and tax filings – if they are not handled by us – to ensure that the risks typically associated with liquidation are duly addressed / mitigated.

Our Wind-up and Liquidation Support services offer more than just assistance in closing your business; they provide a comprehensive, strategic approach to ensure that every aspect of the liquidation is handled with utmost care and efficiency. With our expertise, you can be confident that your business wind-up will be conducted smoothly, swiftly, and in full compliance with all legal and financial requirements.

Trust us to guide you through this final phase, ensuring a dignified and orderly conclusion to your business venture.

What we do

Our Wind-up and Liquidation Support services include:

  • Acting as Liquidator: Coordinating the entire process of winding up, ensuring compliance with all legal requirements. Efficiently managing the liquidation process from start to finish.
  • Stakeholder Coordination: Managing communications and responsibilities among various stakeholders to prevent conflicts and delays.
  • Bookkeeping and Tax Filings Review: Providing a thorough review of your financial records and tax filings to identify and mitigate potential risks associated with liquidation, ensuring accuracy and compliance.
  • Expense Minimisation: Implementing strategies to reduce costs during the liquidation process.

Benefits Overview

Clients benefit from our Wind-up and Liquidation Support services in several ways:

  • Assurance of a smooth and compliant liquidation process.
  • Time and cost savings due to efficient management and coordination.
  • Reduced risk of legal and financial complications.
  • Peace of mind from having expert support during a potentially stressful process.

 

 

Read more details about….

 

Business Controlling service

Start-Up Support service

Process Improvement service

Due Diligence service

Shared Service Centre Support service

Fast Clean-Up service

Outsourcing solutions for an airline company

As a new airline our Client was looking for an outsourcing partner to support them right from the beginning with all accounting matters a new company with complex operations can expect. PS was engaged not just to design, set-up but also to assist in operating and continuously improving...

SSC support for a mobile communication company

As various functions from lots of countries were in the process of migrating into the SSC our Client was looking for ongoing support of additional resources from PS. We had to provide qualified and trained temporary replacement who after a minimal transition period was able to take over the necessary tasks and ensure...

Accounting and reporting process improvement

Despite using tailor made solutions, Client was struggling with his accounting and reporting systems which were working unreliably and were unable to satisfy complex management information needs.

Accounting for leasing companies

For leasing companies of a financial institutions we had to take over the comprehensive accounting and taxation services of the property sub-group (52 entities). Client expectations were to meet tight deadlines and complex reporting requirements based on bookkeeping to be continued in their special accounting system.

Due diligence support for a media company

PS was assigned to carry out a due diligence before an acquisition deal among two significant players within the industry. Our Client was expecting a report on compliance with accounting and tax regulations as well as support in analysis future cash flow projections to validate income and expenditure assumptions...

Fast clean-up for a real estate company

The accounting books of the Client were in a mess, account balances were unreconciled and they were also late with tax return filings. We were asked for immediate support as they were preparing the Company for sale.

Payroll services in state and government sector

After winning the contract, PS had the opportunity to provide payroll and cafeteria administration services for a client in the governmental sector. The transition period was challenging, as less than 2 months were left to take the client over from the previous service provider and to set-up the new payroll system and cafeteria processes.

Process improvement at a global media company

Our Client had diverse solutions and systems for finance accounting and management reporting functions. They were looking for less manual processes, recommendations for automation opportunities and strengthened internal controls.

Consolidated financial statements

Our Client is an active investor on the real estate market. In addition to ongoing accounting services PS was assigned to provide consolidated financial statements for the Stock Exchange and assist in the statutory audit twice a year by adhering to strict internal deadlines.