Simple Closure
Closing Your Company, Made Simple
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Online Retailer

A one-person e-commerce business had over-ordered stock anticipating demand that didn’t materialise, leading to cash flow failure, unpaid HMRC penalties, and supplier credit accounts in default.

5 Star Service

Location

Bristol

Debts

£33,000

Creditors

Stock Debt & HMRC Penalties

Duration

5 Weeks

Stock Images Used

Our client says...

Everyone talks about liquidation like it’s a dirty word.

I was ashamed to even Google it.

But when I spoke to Simple Closure it became clear quickly that this was just a legal process — a proper, structured way out of a situation that had got away from me.

They were completely non-judgmental.

They explained my options, gave me honest advice even when it wasn’t what I hoped to hear, and they got it done quickly. I’m glad I made the call when I did rather than waiting until things got even worse.

Outcome

CVL completed efficiently. Stock realised to offset creditor claims partially. Director relieved of all company obligations.

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