UK Liquidation & Bankruptcy Auctions
Sell Liquidated Stock with BPI
Alongside buying opportunities, we also help businesses and insolvency professionals sell unwanted or distressed stock.
Our experienced team knows how to handle asset disposal with care and efficiency. Plus, our RICS-regulated advisory arm, BPI Asset Advisory, provides expert valuation and disposal services for Insolvency Practitioners, lenders, and private clients.
Find out more about BPI Asset Advisory here
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Whether you’re starting up or retiring; relocating or restructuring;
scaling or closing or simply require a quick sale of surplus equipment;
we have a tailored disposal solution for you.
FAQ’s for Liquidation & Bankruptcy Auctions
A liquidation auction is an auction where the assets of a company are sold to pay its debts. This type of auction is often used as a last resort by companies that are unable to pay their debts. The assets that are sold in a liquidation auction can include anything from real estate to inventory to machinery. Liquidation is when a company is closing down completely. The process usually starts by appointing an administrator who will try and find a buyer to save it. If not, it will go under and the assets need to be sold to clear debt. We as the auction side can sell on behalf of these parties.
Our bpiaa.com sister company is an advisor and chartered surveyor to value assets – click the link to find out more information on their available services.
Liquidation auctions provide a way for businesses to sell their assets quickly and efficiently, and for individuals to purchase high-quality merchandise at a fraction of the original price. Many companies use liquidation auctions to sell off surplus inventory, unclaimed freight, and even entire store fixtures. Businesses can also use liquidation auctions to dispose of equipment that is no longer needed or wanted. Individuals can find great deals on merchandise such as clothes, furniture, electronics, etc.
Liquidated stock is a great way to get cheap and sometimes even brand new items. This type of stock can be bought by anyone, but it’s essential to understand the process of liquidation before purchasing any products. Payment for these types of auctions are made to dedicated holding bank accounts on behalf of the liquidators. Further information on this can be found via the supporting paperwork following the sale ends.
Liquidated stock is a term used in the business world to describe assets or merchandise that has been officially sold off by a company that is in financial trouble. This could be due to bankruptcy, receivership or administration. Used items, on the other hand, are typically second-hand.
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