When a company fail to repay money owed and to accomplish financial liabilities as and when they fall due, we draw the conclusion that it is already in the state of insolvency. Basically, when a company’s liabilities or debts start outweighing its assets, we say the company is on the verge of insolvency or bankruptcy. In a nutshell, a company's failure to pay its debts timely is a dead giveaway that it is undergoing financial hardship and must cease to operate. If you’re in doubt about when to liquidate your company we can give you honest, confidential and practical advice.