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
Sambhav Management Limited
Since 2012, we’ve offered clients the tools, resources and guidance necessary for all their accounting needs. Clients receive the personalized attenti...See More
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Norbury Bookkeeping Services
We offer a complete bookkeeping and computerized payroll service throughout Cheshire and South Manchester and are able to offer support for all financ...See More
Athena Bookkeeping Services
Athena Accounting and Bookkeeping Services. ?Let us take good care of your finances giving you more time to focus on the day to day running of your bu...See More
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
GORILLA ACCOUNTING LIMITED
orilla Accounting was born after a group of specialist accountants with decades of experience amongst them, decided that accounting shouldn’t be a lab...See More
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More
PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...See More
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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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
Clarity Accountants
We work closely with our clients and act for a broad range of business and personal clients. Apart from the more general accountancy services we can a...See More
C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More
MJF ACCOUNTANCY LIMITED
Mind Your Assets Accounts
Mind Your Assets Accounts is based in Sheffield, South Yorkshire, with offices also in Manchester and London. We have over 20 years accountancy expe...See More
Holden Associates
Holden Associates are a family run business founded in 2002, we are located at V12, Merlin Park, a modern purpose-built office in Burscough, Lancashir...See More
Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.
MGM & CO. Chartered Certified Accountants
If you are looking for professional accountants offering a full range of accountancy and tax services to clients from across the UK, you have come to ...See More
Accounting 4 Ltd
Registered practice offering accountancy services from Bookkeeping, Payroll, Vat, Self Assessment, Small Limited Company accounts etc Qualified to AAT...See More
Frequently asked questions
What is the role of a company liquidator in Alderley Edge?
A company liquidator in Alderley Edge is a licensed insolvency practitioner who formally closes down a company. Their primary role is to realise the company's assets, settle outstanding debts with creditors in the correct legal order, and distribute any remaining funds to shareholders. They also investigate the company's affairs and ensure all statutory duties are met, providing a clean end to the business.
When should I consider appointing a liquidator for my company?
You should consider appointing a liquidator when your company is insolvent, meaning it cannot pay its debts as they fall due. Signs include mounting creditor pressure, winding-up petitions, or a negative balance sheet. If you are considering closing a solvent company, a Members' Voluntary Liquidation (MVL) may be appropriate, which also requires a licensed liquidator.
What is the difference between a Creditors' Voluntary Liquidation (CVL) and a Members' Voluntary Liquidation (MVL)?
A CVL is used for insolvent companies where directors initiate the closure because the company cannot pay its debts. It involves a meeting of creditors and aims to maximise returns to them. An MVL is for solvent companies where directors and shareholders wish to close the business voluntarily, often for tax efficiency or retirement. The liquidator distributes assets to shareholders after all debts are settled.
How long does a company liquidation process take in Alderley Edge?
The duration varies depending on the complexity of the company's affairs. A simple CVL may be completed within 6 to 12 months, but more complex cases involving asset sales, legal disputes, or investigations can take several years. Your liquidator will provide a realistic timeline after assessing your company's specific circumstances.
Will I be personally liable for company debts if I appoint a liquidator?
Generally, directors are not personally liable for company debts if they have acted properly and within the law. However, if there is evidence of wrongful trading, fraudulent activity, or personal guarantees, you could be held responsible. A licensed liquidator will investigate and advise you on any potential risks during your initial consultation.
Can I continue trading after I have appointed a liquidator?
Once a liquidator is formally appointed, they take control of the company, and you cease to have authority to trade on its behalf. However, in the lead-up to liquidation, you can continue trading while seeking advice, provided you do not incur further debts without reasonable prospect of repayment. The liquidator will guide you on the correct procedure.
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