If you are a director of a limited company - which has been trading for over two years - and you are considering closing the company due to financial struggles (ie. HMRC debts, creditor pressure, cash flow worries, potential insolvency), it is likely that through a third party provider you can claim for director redundancy for which the average UK claim is £9000*.
As Redundancy Claim experts, we've developed a straight forward, 60 second questionnaire to illustrate how much Limited Company Directors could potentially claim.
For more information on how our process works and to discover if you are eligible, visit our Director Redundancies page.
Simply complete the fields below to receive your free illustration
To put director redundancy claims into perspective, more than 75,000 claims were received by the Redundancy Payments Service throughout 2015, of which many were from company directors. The total amount of these successful redundancy claims was £276,708,000 which was paid out from the National Insurance Fund.
Despite this, many directors – with companies going through a formal insolvency procedure such as liquidation – do not realise they have a legitimate claim to redundancy. Of those that are aware of their statutory rights, many have their claim rejected because they fail to make their claim correctly. In fact, when directors attempt to claim redundancy themselves without professional assistance, we estimate 50% of these claims are thrown out by the Redundancy Payments Service. The slightest error, inconsistency, blank, or misnomer will lead to an instant redundancy claim rejection.
In contrast, our claim success rate is 98%.
Early advice is key. Taking action after your company is liquidated could prevent you from claiming your statutory entitlements either in part or in full that you are entitled to – there is little time to waste.
Redundancy claims are a very professional company, Caroline who is dealing with our case is friendly, compassionate and very clear in explaining everything during this difficult time. The service we have received has been amazing, Thank you.Tina Hill Director of a professional services firm
May I take this opportunity to thank you and your team for all your professional help in securing for myself and my wife, redundancy pay. I would have no hesitation in recommending RCUK to assist them.Tom Harrison Managing Director of a construction company
"Mr Dean operated a successful engineering company for over thirty years. Unfortunately, the business had been experiencing a downturn for some time."
"After seeing revenues suffer due to increased competition, Mrs Stevens feared for her business."
Your age when you were made redundant×
How many years have you worked for the company as a director or employee?×
What was your pre-tax wage each week?×