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In England and Wales there were over 4,600 compulsory
liquidations and creditors’ voluntary liquidations in total for
the last quarter of 2008 . This was a rise of almost twelve percent
on the previous quarter and a rise of more than fifty percent on the
same period the previous year. This was made up of over 1,500 compulsory
liquidations (which are up 4.5% on the previous quarter and 34.4% on
the corresponding quarter of the previous year) and more than 3,000
creditors' voluntary liquidations (a rise of more than 16 percent on
the previous quarter).
In the 12 months ending Q4 2008, around one out of every
150 supposedly healthily trading companies (about 0.7 per cent) went
into liquidation compared to the previous quarter when one out of every
165 (0.6 percent) of active companies went into liquidation.
So no wonder that
you may be a bit concerned, especially in the present unprecedented
financial climate! If you're looking for close my partnership advice
for professional help then you need look no further.

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