Many company directors are unaware that, if their company enters liquidation, they may be entitled to claim statutory redundancy pay and other employment-related payments.
The amount available can vary significantly depending on your circumstances, which is why it's important to assess your eligibility before making assumptions.
At Parker Walsh, we can review your situation and advise whether you could qualify for director redundancy payments as part of your company's closure.
Complete our short online assessment and we'll review your answers to determine whether you may be eligible to make a claim.
Every assessment submitted through our calculators is personally reviewed by Molly Monks, Licensed Insolvency Practitioner and Director of Parker Walsh. With more than 20 years' experience advising company directors across the UK, Molly takes the time to understand your individual circumstances before providing clear, practical guidance on the options available to you.
Molly is a Fellow of the Insolvency Practitioners Association (F.I.P.A.) - one of the highest professional distinctions within the insolvency industry and is also a member of the Regulatory, External Affairs and Member Services Committee at the Insolvency Practitioners Association, helping to shape professional standards and best practice across the UK
As a recognised insolvency expert, Molly is regularly featured in the national press, providing commentary and analysis for publications including the Daily Mail, The Sun, Liverpool Echo, Manchester Evening News, MSN, Daily Express and many other national and regional media outlets. Journalists frequently turn to her for expert insight into company insolvency, business recovery, retail failures and the wider UK economy
If you'd prefer to discuss your situation directly, you can use the booking form to arrange a free, confidential consultation with Molly at a time that suits you. There's no obligation, just straightforward advice from a Licensed Insolvency Practitioner who will explain your options clearly and honestly.
Many directors assume they cannot claim redundancy because they own the business.
In reality, many directors are also employees of their company and, provided certain conditions are met, they may qualify for statutory redundancy and other payments if the company enters liquidation.
Claims are generally made through the Redundancy Payments Service (RPS) following a qualifying insolvency procedure.
Every case is different, but directors are often eligible where they:
Meeting some of these criteria does not automatically mean a claim will be successful, which is why an individual assessment is important.
Depending on your circumstances, you may be able to claim:
The exact payments available will depend on your employment history and individual circumstances.
Every claim is different.
The amount payable depends on factors including:
Some directors receive only a modest payment, while others may be entitled to several thousand pounds.
Our assessment helps determine whether it is worth exploring a claim further.
Not every director will qualify.
Claims may not be available where:
This is why obtaining professional advice is worthwhile before making assumptions.
Director redundancy claims are assessed on the facts of each case.
Our assessment allows us to understand:
Once we've reviewed your responses, we'll let you know whether you may have grounds for a claim.
Yes. As Licensed Insolvency Practitioners, we regularly advise directors who may be eligible for redundancy payments.
We'll review your circumstances and explain:
If you're eligible, we'll explain the next steps clearly and answer any questions you have.
.webp)
.webp)
.webp)
