UK trade marketplace
Liquidation stock and assets
When a business fails, its equipment is sold to raise money for creditors. That can be a genuine opportunity, and it comes with a specific set of conditions that do not apply to an ordinary sale.
What is different about buying from a liquidation
Sales are almost always on an as-seen, no-warranty basis. There is no recourse afterwards, because there is no longer a trading company to pursue. Inspect before you commit and price the risk you are accepting rather than assuming you can go back.
Collection windows are short and usually immovable, because the premises are being surrendered. Services may already be disconnected, so testing under power can be impossible, and dismantling is normally the buyer's cost.
Title is the question that matters most
An insolvent business may have held equipment on lease, hire purchase or retention of title. The office holder can only sell what the company actually owned.
Ask explicitly what title is being transferred and what evidence supports it, in writing, before paying. This is the most common problem in distressed equipment purchases and it is entirely avoidable.
How liquidation listings work here
LotLoop labels liquidation listings as such and shows the seller's status on the listing rather than leaving a buyer to work it out. Sellers are checked against their Companies House record, and the buyer's payment is held until collection or delivery is evidenced.
Insolvency practitioners can apply to list assets directly. Buyers remain responsible for their own inspection and for satisfying themselves on title.
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