Liquidation Services
Supporting businesses through financial stress with company liquidators
HM Advisory supports companies facing financial difficulty with experienced, compassionate guidance. Our registered liquidators work closely with directors and business owners to manage creditor obligations, protect personal and company interests, and provide a structured, practical path through liquidation.
We help you make informed decisions, reduce stress, and regain a sense of control in a challenging time.
We are here to help
Our first consultation, whether you are a business or an individual, is free of charge and without obligation. Please feel free to email us at [email protected] or use the contact form below.
What is Liquidation?
Liquidation is the formal process of winding up a company’s affairs in an organised and legally compliant way. It involves assessing and realising assets, satisfying creditor claims and finalising statutory obligations.
While the process may feel daunting, our seasoned liquidators take the weight off your shoulders. We focus on protecting what matters most: directors’ personal responsibilities, employees, and creditor relationships.
When Should You Appoint a Liquidator?
If your business is facing persistent challenges, early professional guidance can make all the difference. Consider engaging a liquidator if you are experiencing:
- Receiving a Director Penalty Notice (DPN) from the ATO;
- Ongoing cash flow or revenue difficulties;
- Limited access to loans or finance;
- Persistent creditor communications or pressure;
- Statutory demands or formal warning letters;
- Key clients, employees, or customers leaving; or
- Struggling to meet PAYG or Superannuation obligations.
Early intervention not only broadens your options but also helps to protect your personal and professional risk, easing stress for you, your team and your business.
How HM Advisory Helps
We take a measured, empathetic approach to liquidation, combining expertise with personal support. Our expert team will:
- Conduct a thorough assessment of your company’s financial position and present options clearly;
- Manage creditor communications to reduce pressure and confusion;
- Provide guidance to directors on personal liability risks where possible;
- Explore alternatives such as voluntary administration or restructuring before proceeding; and
- Ensure compliance with all legal obligations while offering reassurance and clarity throughout.
The Liquidation Process Explained
At every stage, you’ll be fully informed and supported, helping you navigate what can otherwise be an overwhelming period:
- Appointment of a Liquidator: We step in to manage the process and realise the company’s assets.
- Assessment of Assets and Liabilities: A comprehensive review of finances and creditor claims.
- Realisation of Assets: Strategic asset realisation to maximise returns for creditors.
- Creditor Distribution: Fair and prioritised repayment to secured, priority and unsecured creditors.
- Finalisation: Closing the company’s affairs, submitting reports and providing directors with clear documentation.
Why Choose HM Advisory?
HM Advisory is a top 10 insolvency firm, specialising in both Member’s Voluntary Liquidation and Creditors Voluntary Liquidation:
- ASIC-registered liquidators and insolvency specialists.
- Chartered Accountants (CA) and CPA-qualified professionals.
- Extensive experience across corporate and personal insolvency.
- A personalised approach focused on recovery, clarity and reassurance.
Speak With a Registered Liquidator
You don’t have to face it alone. Contact HM Advisory today for a free, confidential consultation. Acting early gives you more options, reduces risk and helps put your business on a pathway to stability, recovery and slowly stepping towards success.
FAQs
What is insolvent trading?
Insolvent trading occurs when a company continues to trade despite being unable to pay its existing debts as they fall due. It can be stressful for directors, who may face personal liability if this occurs. The good news is that getting early advice from a liquidator or insolvency expert can help you understand your obligations and take steps to reduce risk, giving you clarity in a difficult situation.
Can a liquidator pursue a director’s personal assets?
A liquidator typically cannot realise personal assets unless you have provided a personal guarantees or breached your director duties. Directors may be at risk in cases such as insolvent trading, but with the right guidance, you can understand your potential exposure and take steps to protect yourself. Early professional advice helps you navigate these challenges with confidence and peace of mind.
How long does liquidation take?
The duration of a liquidation depends on the size and complexity of the company. Smaller businesses may conclude in a few months, while larger or more complicated cases can take between six (6) to twelve (12) months to finalise. Your liquidator will provide regular updates, keeping you informed every step of the way so you’re never left in the dark.
Can a liquidator continue the company’s business during liquidation?
Yes, sometimes a liquidator may continue operations, but only when it helps protect assets, employees, or maximises returns for creditors. This is done carefully under strict legal obligations to safeguard both you as a director and the liquidator from additional risk. It’s about finding the right balance between protecting the company’s value and minimising stress for you.
How does a liquidator differ from a restructuring practitioner?
We understand that facing these decisions can be overwhelming.
- A liquidator’s role is to wind up the company, recover assets and pay creditors.
- A restructuring practitioner, on the other hand, works to help the business survive, renegotiate debts and explore options through a Small Business Restructuring.
Speaking to one of our expert team early can give you clarity, protect your interests and help you choose the path that best supports both the company and your peace of mind.
We are here to help
If you, or someone you know, may require our services, please feel free to contact us for an initial consultation – this is free of charge and without obligation.
Victoria
Level 21, 114 William Street
Melbourne VIC 3000
PO Box 117
Collins Street West VIC 8007
T (03) 8866 7600
F (03) 9428 4152
Western Australia
Suite 4, Level 3
16 Victoria Avenue Perth WA 6000
PO Box 6243
East Perth WA 6892
T (08) 9334 7400
F (03) 9428 4152
Queensland
Level 14, 15 Adelaide Street
Brisbane QLD 4000
PO Box 13127
George Street Brisbane QLD 4000
F (03) 9428 4152
New South Wales
Level 2, 263 George Street
Sydney NSW 2000
PO Box Q904
Queen Victoria Building NSW 1230
F (03) 9428 4152