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Get in touch

Speak to one of our experts now for a free consultation. Enter your details below or call 1300 750 599.

Contact our Perth team

Level 14, 197 St Georges Terrace, Perth WA 6000
1300 750 599.

About your recovery partner

  • Accountants Daily
    Finalists, Fastest
    Growing Firm
  • AFR Top lOO
    Accounting Firms
  • CA and CPA
    Qualified
    Accountants
  • National Team
  • ASIC Registered
    Liquidators
  • ARITA
    Professional
    Members

Experts in key moments

At Mackay Goodwin, we have a nationwide team ready to assist you. Our team of qualified professionals, including ASIC registered liquidators love to find solutions for people facing financial difficulties. With experts located across all major Australian cities, we’re ready to help you in any situation.

Why choose MG?

  • Innovation

    Finding new, better ways to achieve successful outcomes is inherent in our DNA. We’re continually looking to innovate through technology, and in our forward-thinking. It’s what empowers our team to stay two steps ahead, and deliver.

  • Focus

    We never take a ‘one size fits all’ approach. We appreciate that each of our clients has specific needs and goals, so we tailor our plans accordingly. Focused at every moment. Honing in on the task at hand, the end result, and the best way to achieve it.

  • Action-oriented

    Reaching goals doesn’t simply take action. It takes positive action. Never ones to sit still, we remain proactive at all times. Always thinking ahead, we anticipate needs and pre-empt issues before they arise. Putting our clients on the front foot, with us by their side.

  • Understanding

    We know what a difficult time this is. Not just on a business level, but on a personal one, too. So although we may work in finance, we appreciate that people are infinitely more than numbers. And we treat everyone as individuals with respect and understanding.

What is liquidation?

Liquidation presents a favorable choice for the winding up companys affairs, and closing the doors. It is an organized conclusion of a company’s operations. This process ensures proper and lawful distribution of assets, minimising the consequences of insolvency. It also extends the chance to shareholders, creditors, and directors to engage an impartial specialist for overseeing and directing the liquidation process. If you’re in Perth and contemplating the option of liquidation, the expert team at Mackay Goodwin is here to guide you through this process and get your business back on track.

How do I know if it’s time to speak to a professional?

There is no time like the present to prepare for tomorrow. If you are experiencing one or more of the below indicators, get in contact with our restructuring experts today.

The first step is the hardest. The next steps?

Although liquidation is an important option that business owners should keep in mind, it isn’t the only option.
We will explore all options for your business. They may look like:

    Liquidation process FAQ

    The road to recovery can be hard for businesses facing insolvency, but not all is lost, not every financially distressed business has to end in liquidation.

    Company liquidation can be a complicated procedure, we simplify it for you.

    Usually, the entire process can take from 6-12 months, though the exact length of the process will depend on the size of the company, the ownership structure, the size of the company’s debt, and other various factors.

    A registered liquidator, appointed by either the courts or the creditors after a company initiates the bankruptcy process, is a certified person who winds up the company’s operations. The liquidator has the ability to pay out debts, sell company assets, and more.

    The choice of the liquidator is very important and has a measurable impact on the company’s outcomes. At Mackay Goodwin, we help our clients navigate the maze to best protect their interests during the process.

    Liquidation is sometimes the most appropriate option, depending on the situation, however it is not the only option. Voluntary administration, restructuring, debt relief,. are all options companies can pursue before they need to liquidate. Mackay Goodwin has helped many businesses explore these options and find a path forward.

    Get in touch

    Speak to one of our experts now for a free consultation.
    Enter your details below or call 1300 750 599.

    x

    Get in touch

    Speak to one of our experts now for a free consultation.
    Enter your details below or call 1300 750 599.