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
Kings Oak Accountancy
Accountants based in Bristol, Bath & Somerset providing accounting and tax services to small and medium size owner-managed businesses. Our services in...See More
KINGS OAK ACCOUNTANCY (SOMERSET) LTD
We are a small firm of Accountants based in Somerset. Michael is a fellow of the Chartered Institute of Management Accounting with over 30 years expe...See More
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HUBBLE ACCOUNTANCY LTD
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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
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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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...
Purnells - Licensed Insolvency Practitioners
As insolvency practitioners we also specialise in interpreting the legislation set out in The Insolvency Act 1986, The Insolvency (England and Wale...
Financial Claims Consultants
Financial Claims Consultants offer No Win No Fee Pension Claims – we help clients&...
SG CONTRACTOR ACCOUNTING LIMITED
SG Accounting was established in 1995 to service the accountancy and taxation needs of professional contractors and freelancers. We are based in Winc...See More
Modus Accountants Limited
Whether you are looking for advice, inspiration, accountancy services or all three, our integrated services will provide as much or as little su...See More
Woody's Payroll & Bookkeeping Services
Here at Woody's we have years of experience in providing a dedicated, professional and highly personal service to our clients. We offer a wide range o...See More
DEAD SIMPLE ACCOUNTING LTD
Dead Simple Accounting is an expert accounting firm based in Reading, Berkshire. We’ve been supporting the local business community in Reading with a ...See More
Turner Barratt
At Turner Barratt we believe that we have something unique to offer. Just Corporate Finance Turner Barratt are Chartered Accountants who are dedicate...See More
Accounting etc. limited
We are a small firm of Chartered Management Accountants dedicated to providing you with a high quality accountancy service and sound business advice a...See More
Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.
ADD- WORTH ACCOUNTANCY LTD
Helping business owners make sense of their numbers. 30+ years of progressive finance and accounting experience in various industries. Offering expert...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
QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More
Frequently asked questions
What are the different types of company liquidation available in Amesbury?
In Amesbury, the main types are Creditors Voluntary Liquidation (CVL) for insolvent companies, Compulsory Liquidation which is court-ordered, and Members Voluntary Liquidation (MVL) for solvent companies wishing to close. Each has distinct legal procedures and implications for directors, creditors, and shareholders. Our licensed liquidators will assess your financial position and recommend the most suitable route, ensuring compliance with the Insolvency Act 1986.
How much does it cost to appoint a company liquidator in Amesbury?
The cost varies based on the complexity of the company's affairs, asset value, and creditor numbers. For a Creditors Voluntary Liquidation, typical fees range from £3,000 to £7,000 plus VAT, but we offer fixed-fee packages after a free initial assessment. Members Voluntary Liquidation costs are often lower, starting around £2,000. We provide transparent, no-obligation quotations with no hidden charges, and in many cases, fees can be paid from company assets.
What are the legal duties of directors during a company liquidation in Amesbury?
Directors must act in the best interests of creditors once insolvency is apparent. Key duties include providing a statement of affairs, cooperating fully with the liquidator, preserving company records, and avoiding any preferential payments or transactions that could be deemed wrongful trading. Failure to comply can lead to personal liability, disqualification, or even criminal prosecution. Our liquidators guide you through these responsibilities to minimise risk.
Can I keep trading after appointing a liquidator in Amesbury?
Once a liquidator is officially appointed, their control over the company ceases your trading authority, except in specific circumstances where the liquidator permits continued trading to maximise asset value or complete existing contracts. Attempting to trade without permission after liquidation begins can result in personal liability for new debts. We advise all clients to cease trading immediately upon insolvency and seek professional guidance before taking any further action.
What happens to employees when a company goes into liquidation in Amesbury?
Employees are automatically made redundant when a compulsory liquidation order is made or when a CVL is approved. The liquidator will terminate contracts, and employees can claim statutory redundancy pay, unpaid wages, holiday pay, and notice pay from the National Insurance Fund (via the Redundancy Payments Service). Our team assists with the necessary documentation and ensures all employee claims are properly submitted and prioritised.
How long does the company liquidation process take in Amesbury?
A Creditors Voluntary Liquidation typically completes within 6 to 12 months, depending on asset realisation and creditor claims. A Members Voluntary Liquidation can be faster, often concluding in 3 to 6 months. Compulsory liquidation may take longer due to court processes. After asset distribution and final accounts, the company is formally dissolved, which usually occurs three months after the final meeting. We provide a clear timeline during your consultation.
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