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
MJF ACCOUNTANCY LIMITED
Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.
C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
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
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
GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...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
NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...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
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
THE FINANCIAL MANAGEMENT CENTRE UK LTD
Online firm
J. Jervis Accounting Services LTD
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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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
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
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...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
Frequently asked questions
What is the difference between a CVL and an MVL in Birkenhead?
A Creditors Voluntary Liquidation (CVL) is used when a company is insolvent and cannot pay its debts. It is initiated by directors and involves a licensed insolvency practitioner who realises assets and distributes proceeds to creditors. A Members Voluntary Liquidation (MVL) is for solvent companies that wish to close, often for tax efficiency, and requires a declaration of solvency. In Birkenhead, our liquidators assess your financial position to recommend the correct procedure.
How much does company liquidation cost in Birkenhead?
The cost varies based on company complexity, asset realisation, and creditor volume. For a straightforward CVL, fees typically range from £3,000 to £6,000 plus VAT, but we provide fixed-fee quotes after a free initial review. Our Birkenhead liquidators ensure no hidden charges and explain all costs upfront, including disbursements like statutory advertising and court fees.
Can I keep trading while my company is being liquidated in Birkenhead?
Once a liquidation order is granted, directors lose control, and the liquidator takes over. However, before that, you may continue trading if it helps preserve value or complete contracts, but you must avoid preferential payments or increasing debt. Our Birkenhead advisors can guide you on legal trading during the pre-liquidation period to prevent wrongful trading allegations.
What happens to employees if a company is liquidated in Birkenhead?
Employees are automatically made redundant when a liquidation order is made. The liquidator dismisses staff, and they can claim statutory redundancy pay, unpaid wages, and holiday pay from the National Insurance Fund via the Redundancy Payments Service. Our Birkenhead team assists employees in submitting claims and provides references for job searches.
Are directors personally liable for company debts after liquidation in Birkenhead?
Generally, no, as limited liability protects directors from company debts. However, personal liability can arise if you have given personal guarantees, committed fraud, or traded while insolvent without taking proper advice. Our Birkenhead liquidators help you avoid such risks by ensuring compliance and documenting decisions, and we can negotiate with creditors on personal guarantees.
How long does a company liquidation take in Birkenhead?
A CVL typically completes in 6 to 12 months, depending on asset sales and creditor claims. An MVL can be faster, often 3 to 6 months. The process includes a meeting of creditors, asset realisation, and final distribution. Our Birkenhead liquidators provide regular updates and aim to close cases efficiently while meeting all statutory requirements.
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