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
OVAL ACCOUNTANTS LTD
Your Bookkeeping, Accounting And Self Assessment Experts, Here To Bring You The Highest Standard Of Service.
Marden & Co Accountants Ltd
We are a two partner accountancy practice based in Epsom, serving Sutton, Banstead, Reigate, Dorking & across Surrey. We provide professional accounta...See More
APRC Accountants
We are a forward thinking firm of Chartered, Certified Public Accountants & Tax Advisers and Chartered Payroll Professionals established in 2005 in th...See More
Cruse+Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More
Owadally & Kings Partnership
At O&K we aspire to be one of the most forward thinking accountancy firms in Croydon. Our dedicated in-house team, and external specialists, based in ...See More
Cruse + Burke
As one of the leading accountants in Croydon, we are forward thinking in the way we approach your business requirements and the way we give you except...See More
Taxaccolega Chartered Accountants & Tax Advisers
As one of the brightest firms of chartered accountants in London, UK, Taxaccolega, based in Croydon, combines the passion and creative thinking of a s...See More
Tax Cruncher
Tax Cruncher is an online accounting &Tax consulting firm serving clients nationwide. Our aim is to help SMEs to grow their business by crunching thei...See More
Central London Accountants
We are proud partners of leading software provider firm Xero, and we can help if you require Xero Accountants in London, Xero training, or need remote...See More
Cheap - Accountants
As a small business owner, your main focus is to work on your business strengths to help it grow, and you can’t just achieve it through juggling every...See More
London Accountants
We have been providing a range of tailored accounting and taxation services to individuals as well as small and medium sized businesses. See More
TITUS ACCOUNTS LTD
I know that telling you the truth won’t make me very popular with other accountants. If I'm honest I never liked them much anyway. Chances are (if yo...See More
Abu Umar & Co.
Welcome to Abu Umar & Co. We are a small Accounting firm, based in London, We specialize in dealing with all accounting problems. As we have been o...See More
Fitzgeralds Accountants Limited
We are a well established firm of accountants and tax advisors based in South West London, dealing with small businesses and high net worth individual...See More
Coman And Co Ltd
Chartered Tax Advisers and Chartered Certified Accountants, we offer assistance with tax return compliance and specialist tax consultancy services for...See More
" Accountify – Chartered Certified Accountants"
A firm of Chartered Certified Accountants based in London and Portsmouth. Accountify is an established brand in Accounting and Tax, serving its client...See More
Financial Partnership London
The Financial Partnership LLP, London, is a young, dynamic and innovative firm of Accountants & Business Advisors who can help improve the performance...See More
Frequently asked questions
What is the difference between a CVL and an MVL in Brighton and Hove?
A Creditors Voluntary Liquidation (CVL) is used when a company is insolvent and cannot pay its debts, allowing a licensed insolvency practitioner to wind up the company and distribute assets to creditors. A Members Voluntary Liquidation (MVL) is for solvent companies where directors want to close the business tax-efficiently, often to extract retained profits as capital rather than income. Both procedures are formal and require a licensed IP, but the key difference is solvency status.
How much does company liquidation cost in Brighton and Hove?
The cost of liquidation varies depending on the complexity of the company's affairs, the number of creditors, and the assets involved. For a straightforward CVL, fees typically range from £3,000 to £6,000 plus VAT, but many firms offer fixed-fee packages. MVL costs are often similar but may be higher if asset realisation is complex. Always request a detailed quote upfront and ensure there are no hidden disbursement charges.
Can I continue trading after my company enters liquidation?
No, once a company enters formal liquidation (CVL or MVL), the appointed liquidator takes control of the business and its assets. Trading must cease immediately unless the liquidator decides to continue operations temporarily to sell the business as a going concern. As a director, you lose the ability to make decisions about the company's affairs, but you may be able to buy back assets or start a new business subject to certain restrictions.
What are the legal duties of directors during insolvency in Brighton?
Directors have a legal duty to act in the best interests of creditors once the company becomes insolvent. This includes avoiding wrongful trading (continuing to incur debt when you know the company cannot pay), not preferring certain creditors over others, and maintaining proper accounting records. Failing these duties can lead to personal liability, disqualification, or even criminal prosecution. Seeking professional advice early is essential to mitigate risks.
How long does the liquidation process take in Brighton and Hove?
A typical Creditors Voluntary Liquidation can be completed within 6 to 12 months, depending on the complexity of asset realisation and creditor claims. Members Voluntary Liquidation for solvent companies often concludes faster, usually within 3 to 6 months after the final meeting of members. The liquidator must file final accounts with Companies House and notify the relevant authorities, which can extend timelines if there are outstanding issues.
Will I be personally liable for company debts after liquidation?
In most cases, no. A limited company is a separate legal entity, so its debts are not the personal responsibility of directors, provided there has been no fraud, wrongful trading, or personal guarantees. However, if you have signed personal guarantees for business loans or leases, the lender can pursue you personally for those amounts. The liquidator will also investigate your conduct as a director to ensure no misconduct occurred.
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.