ACCOTAX - Accountants & Tax Consultants
Welcome to ACCOTAX, a firm of Chartered Accountants in London. The firm was established in 2009 and has helped thousands of businesses and individuals...See More
J. Jervis Accounting Services LTD
THE FINANCIAL MANAGEMENT CENTRE UK LTD
Online firm
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...
Williamslester Brilliant Accounting Services
Our range of services are provided by fully qualified and experienced staff who always monitor, advise and review both new and existing clients. This ...See More
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R Albert Accountancy Ltd
We are an AAT Licensed accountancy practice providing a professional and friendly service. A new accountancy practice offering fantastic one to one s...See More
Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.
TKI Bookkeeping & Accounts
Hello and welcome to my site, I am qualified by the The Institute of Certified Bookkeepers and have attained highest level qualification, Level 4 Dipl...See More
MRC Accounting Services
Providing accounting services and solutions
MJF ACCOUNTANCY LIMITED
ACCOUNTS 2U LIMITED
Our director, Howard Turner MAAT ATT, qualified as an accounting and taxation technician in 1995 after training with chartered accountants in Cheshire...See More
Business Partners Accountants & Bookkeepers
An accounting firm for all your accounting and bookkeeping needs Business Partners Accountants & Bookkeepers is a reputable accounting firm serving so...See More
HUBBLE ACCOUNTANCY LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.
BROOKSON LIMITED
Why Brookson? There are plenty of reasons. We’re specialists at dealing with self-employed finances, and have been doing this for over 20 years, so we...See More
AMSTOR ACCOUNTANTS LIMITED
Amstor Accountants Limited T/A Premier Accountants, Auditors and Tax Advisers want to help you pay less tax and keep more of the profit your business ...See More
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Raven Solution
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.
Naseems Accountants
Established in 1978, Naseems Accountants is a small but growing business with our clients doubled over the last decade. We honor ourselves in ou...See More
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C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
Frequently asked questions
What is the role of a company liquidator in Aberystwyth?
A company liquidator in Aberystwyth is a licensed insolvency practitioner who takes control of a company's assets when it is being wound up. Their role includes realising assets, settling creditor claims, investigating the company's affairs, and ensuring legal compliance. They act in the interests of all stakeholders, providing an independent and impartial process.
How much does a company liquidation cost in Aberystwyth?
The cost of liquidation varies depending on the complexity and size of the company. For a Creditors Voluntary Liquidation (CVL), fees typically range from £3,000 to £6,000 plus VAT, often paid from company assets. Members Voluntary Liquidation (MVL) costs are similar but depend on the asset structure. We always provide a fixed-fee quote upfront with no hidden charges.
What is the difference between a CVL and an MVL?
A Creditors Voluntary Liquidation (CVL) is used for insolvent companies where liabilities exceed assets, and it allows directors to close the business legally while avoiding personal liability. A Members Voluntary Liquidation (MVL) is for solvent companies, often used by directors to extract retained profits as capital gains. The choice depends entirely on your company's financial status.
Can I still be a director after my company is liquidated?
Yes, in most cases, you can continue as a director of other companies after a CVL or MVL. However, if the liquidator finds evidence of wrongful trading, fraudulent activity, or other misconduct, you could face disqualification for up to 15 years. Our role is to help you avoid such risks by acting properly and seeking advice early.
How long does a company liquidation take in Aberystwyth?
A Creditors Voluntary Liquidation (CVL) typically completes in 6 to 12 months, depending on asset realisation and creditor claims. A Members Voluntary Liquidation (MVL) can often be completed in 6 to 9 months if all paperwork is in order. The timeline also depends on HM Revenue & Customs clearance and any legal complications.
What happens to company employees during liquidation?
When a company enters liquidation, employees are made redundant from the date of the liquidator's appointment. They are entitled to claim statutory redundancy pay, unpaid wages, holiday pay, and notice pay from the National Insurance Fund (via the Redundancy Payments Service). The liquidator provides necessary documentation and guidance to employees.
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