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
PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...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
C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
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
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
See More
GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...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
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
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
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
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
.png)
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
MJF ACCOUNTANCY LIMITED
LLOYDS ACCOUNTANTS LTD
We offer accounts, taxation and business advisory and support services to a wide range of businesses and individuals, nationwide. We continue to build...See More
Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.
NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...See More
Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...See More
Frequently asked questions
What is a Creditors Voluntary Liquidation (CVL) in Bedford?
A CVL is a formal insolvency procedure for a limited company that cannot pay its debts. A licensed insolvency practitioner is appointed as liquidator to sell company assets, distribute the proceeds to creditors, and then dissolve the company. For directors, it provides a legal shield against personal liability for company debts, provided they have acted in good faith and not traded wrongfully.
How much does it cost to appoint a company liquidator in Bedford?
The cost varies depending on the complexity of the company's affairs, the number of creditors, and the value of assets. Most Bedford liquidators offer a fixed fee for a standard CVL, which typically ranges from £4,000 to £8,000 plus VAT and disbursements. This fee is often paid from the company's assets, but if there are no assets, directors may need to fund the process personally.
Can I continue trading after starting liquidation?
No. Once a winding-up resolution is passed and a liquidator is appointed, the directors' powers cease immediately. The liquidator takes control of the company. Trading must stop unless the liquidator specifically continues trading for a short period to sell stock or complete contracts, but this is done under their authority, not the directors'.
What happens to employees when a Bedford company is liquidated?
Employees are made redundant on the date the liquidation begins. The liquidator will assist them in claiming statutory redundancy pay, unpaid wages, holiday pay, and notice pay from the National Insurance Fund (via the Redundancy Payments Service). Employees are preferential creditors for certain claims, but they must submit their claims correctly to receive their entitlements.
What are the legal duties of directors during insolvency in Bedford?
Directors must avoid wrongful trading, which means they cannot continue incurring credit when they know the company cannot repay it. They must also act in the best interests of creditors from the moment insolvency is likely. This includes providing accurate financial information to the liquidator and cooperating fully with the investigation into the company's affairs.
How long does the liquidation process take in Bedford?
The initial liquidation meeting and appointment of the liquidator can happen within 2-4 weeks from the initial consultation. However, the full liquidation process, including asset realisation, creditor claims, and final dissolution, typically takes between 6 and 12 months. Complex cases with legal disputes or asset recovery issues can take longer.
About Accounting Firms
AccountingFirms.co.uk is the UK's dedicated accountant comparison website, helping individuals, sole traders, landlords, startups, and SMEs instantly compare accountancy and tax fees from trusted UK accounting firms.
Find and connect with qualified accountants, tax advisers, bookkeepers, and business advisers using advanced search filters, verified profiles, and genuine reviews aggregated from Google, Trustpilot, Yelp, and other trusted platforms.
Over 26,000+ UK Accountants in One Place
Explore the UK's largest independent directory of accountants regulated by professional bodies including ICAEW, ACCA, AAT, CIMA, CIPFA, AIA, IFA, and other recognised UK accountancy bodies.
Affordable Online Accounting Services
Buy fixed-fee accounting packages online with confidence. Services are delivered by experienced UK-qualified accountants and tax advisers, covering:
A Marketplace for Accountants
For accounting firms, AccountingFirms.co.uk is more than a directory. It's a powerful lead generation platform, accountant marketplace, and business growth hub, helping practices attract new clients, increase online visibility, generate qualified leads, and win more accounting and taxation work across the UK.