Bloody hell! ~ Enquire about "favourable" terms if you volunteer. You may well be able to screw them for a lot more than the legal minimum if they think they can resolve their problems without a fuss.
Frankly I reckon that is indeed your best option because the place is doomed from the sound of it.
Knowing the company as I do the legal minimum is going to be it.
How well do you know Pontypridd?
My Granny was born thereabouts ~ otherwise it is a sh*thole.
Work is a problem there ~ 'specially as I assume you don't speak Welsh..... but that applies to much of Wales unless you have a skill that they are in need of. Mostly call centres and civil service jobs in South Wales. In North Wales you are either a farmer or you travel to work in Manchester, Chester, Liverpool etc. There are a lot like me who don't actually work but "earn from home" as I explained in the earlier PM.
DS is right about the resigning bit. The Job Centre will not give you a penny until they calculate that your redundancy + holiday pay etc has been spent. The calculation they use is to divide it by your average pay (taken over the past three months) to arrive at the number of weeks that it should last you. So if you get £ 1000 redundancy and your average weekly wage was £100 they will tell you that you have enough money for 10 weeks. Of course that 10 weeks will not start until you have completed your "weaiting time" which used to be 6 weeks from the date you resigned so in fact your £1000 will have to last 16 weeks.
Back to what I said the other day .... get weaving on alternatives, no matter what they are. You are not looking ofr a career, you need a job, any job, to make sure you don't have to spend the redundancy. Stacking shelves at Tesco if necessary. Contact as many agencies as you can find and send your CV to all of them. Get busy on it tonight.