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
Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.
Woody's Payroll & Bookkeeping Services
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Purnells - Licensed Insolvency Practitioners
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Kings Oak Accountancy
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KINGS OAK ACCOUNTANCY (SOMERSET) LTD
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MARLIS BOOKKEEPING & ACCOUNTANCY
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Williamslester Brilliant Accounting Services
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Financial Claims Consultants
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HUBBLE ACCOUNTANCY LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.
TKI Bookkeeping & Accounts
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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
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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
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Accounting etc. limited
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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
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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
The Bean Counters Accountants LLP
Established in 2011, The Bean Counters Accountants is a growing accounting firm in Maidenhead which specializes in cloud accounting and bookkeeping, p...See More
Frequently asked questions
What is the role of a company liquidator in Budleigh Salterton?
A company liquidator in Budleigh Salterton is a licensed insolvency practitioner who manages the formal closure of an insolvent company. Their role includes realising assets, investigating the company's affairs, agreeing claims with creditors, and distributing any available funds to those owed money. They also ensure compliance with legal obligations and report to Companies House and HMRC, while providing guidance to directors throughout the process.
How much does company liquidation cost in Budleigh Salterton?
The cost of company liquidation in Budleigh Salterton varies depending on the complexity of the case, the size of the company, and the number of creditors. Typically, fees range from £3,000 to £8,000 plus VAT for a straightforward creditors voluntary liquidation. Our firm offers fixed-fee packages and transparent pricing, and we always provide a detailed quote before any work begins. In some cases, fees can be paid from company assets if available.
How long does the liquidation process take in Budleigh Salterton?
The liquidation process in Budleigh Salterton usually takes between 6 to 12 months to complete, depending on the complexity of the company's affairs. Simple cases with few assets and creditors can be concluded in as little as 3 months, while those requiring detailed investigations or legal disputes may take longer. The liquidator will provide a timeline at the outset and keep creditors informed of progress throughout.
Can directors of a Budleigh Salterton company be held personally liable during liquidation?
Directors can be held personally liable if they have acted wrongfully, traded while insolvent, or breached their fiduciary duties. However, in most standard liquidations, directors are not personally liable if they have acted honestly and responsibly. Our liquidators review director conduct and provide guidance on avoiding personal liability. If issues are found, we explain the implications and help directors understand their legal position.
What alternatives to liquidation are available for companies in Budleigh Salterton?
Alternatives to liquidation include company voluntary arrangements (CVAs), administration, and informal creditor negotiations. For solvent companies, a members voluntary liquidation (MVL) is an option. Directors may also consider restructuring, refinancing, or selling the business as a going concern. Our team assesses your financial position and recommends the most suitable solution, always prioritising the best outcome for creditors and shareholders.
Do you offer free initial advice for company directors in Budleigh Salterton?
Yes, we offer a free, no-obligation initial consultation for company directors in Budleigh Salterton. During this meeting, we review your company's financial position, discuss your concerns, and outline potential options. This confidential discussion helps you understand your legal duties and the next steps without any cost or commitment. We also provide practical advice on dealing with HMRC and other creditors.
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