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
Argents Chartered Accountants
An established firm of chartered accountants based in Norwich, we provide a range of accountancy and business support services to clients throughout t...See More
J C Accounting Ltd
J C Accounting Ltd offer the type of bespoke service that larger Accountants can’t. We specialise in Sole Traders, Partnerships and Small Limited Com...See More
GO 2 Girl Limited
I offer a fully flexible remote work or local on site and assist you with anything relating to finance within the business and any necessary admin tas...See More
Ashden Accountants
Ashden Accountants are Accountants, Registered Statutory Auditors, Personal and Business Tax Specialists and Business Consultants. We provide accounti...See More
Accounting4Actors
Accounting4actors is not only for actors! We also represent dancers, musicians, sports professionals, models, writers, artists, directors, camerapeopl...See More
Bird & Co
Bird & Co was formed by local Yaxley accountant Pete Bird and we now serve not only clients in the Yaxley and Peterborough area, but more widespread a...See More
Virtue Accountants Ltd
LeeP Accountants Registered in England & Wales
Welcome to LeeP Accountants! We are a team of friendly and professional accountants based in Peterborough, Cambridgeshire. We have one key goal ...
AWS ACCOUNTANTS (LONDON) LLP
John Lavender accounting ltd
John Lavender Accounting Firm is a beacon of precision and expertise in the financial landscape. With a legacy steeped in integrity and excellence, we...See More
KUBED SOLUTIONS LIMITED
Gouri Kubair, the founding director of the business has over a decade of experience in the field of accountancy. Including 8 years in Deloitte, ...See More
Figures (UK) Accountancy Services
Figures UK takes a different approach to company book keeping and accountancy work – you won’t find us hunched in grey suits between stacks of files. ...See More
SARA COOPERS ACCOUNTANTS LTD
About Sara Coopers Whatever business you are in; you owe it to yourself to find an accountancy service that operates for your benefit – not the taxma...See More
MQPLUS LTD
MQplus LTD provides accurate, flexible and cost-effective managment accounting services for sole traders,partnerships and Limited Companies
Ahmed-Cliffords Ltd
Ahmed-Cliffords has grown to become one of the region's most successful accountants and tax consultancy offices. From simple beginnings, when we wer...See More
BLUEBIRD ACCOUNTANCY LIMITED
Bluebird Accountancy was created with the needs of modern day contractors and freelancers like you in mind. With modern day accountancy software makin...See More
Rochvilles & Co Accountants Ltd
Welcome to the Rochvilles & Company website. We are glad that you make the time and effort to visit us. The website has being designed to provide you ...See More
Frequently asked questions
What is the difference between a CVL and an MVL in Bury St. Edmunds?
A Creditors' Voluntary Liquidation (CVL) is used when a company is insolvent and cannot pay its debts. An MVL (Members' Voluntary Liquidation) is for solvent companies that wish to close voluntarily, often for tax efficiency or retirement. Our liquidators in Bury St. Edmunds will assess your solvency status and recommend the correct procedure.
How much does it cost to appoint a liquidator in Bury St. Edmunds?
Costs vary based on the complexity of the liquidation, the number of creditors, and the assets involved. For a CVL, fees typically range from £4,000 to £8,000 plus VAT, but we offer fixed-fee packages with no hidden charges. An MVL is often cheaper, starting around £3,500. We provide a detailed quote after a free consultation.
Can a director be held personally liable for company debts in Bury St. Edmunds?
Generally, directors are not personally liable for company debts, as a limited company is a separate legal entity. However, if you have given personal guarantees, traded wrongfully, or committed fraud, you could be liable. Our experts review your conduct and advise on risk mitigation before liquidation.
How long does a company liquidation take in Bury St. Edmunds?
A CVL typically takes 6 to 12 months to complete, depending on asset realisation and creditor claims. An MVL can be concluded in as little as 3 to 6 months. Our Bury St. Edmunds liquidators manage the process efficiently to achieve a timely dissolution.
What happens to employees during a company liquidation in Bury St. Edmunds?
Employees are made redundant immediately upon the appointment of a liquidator. They can claim statutory redundancy pay, unpaid wages, holiday pay, and notice pay from the National Insurance Fund via the Redundancy Payments Service. We guide you through the employee notification process and help with claims.
Do you offer a free initial consultation for company liquidation in Bury St. Edmunds?
Yes, we provide a free, no-obligation consultation for directors and business owners in Bury St. Edmunds. We will review your company's financial position, explain all available options, and provide a written quotation for liquidation services. Call us today to schedule a discreet meeting.
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