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
Accounting 4 Ltd
Registered practice offering accountancy services from Bookkeeping, Payroll, Vat, Self Assessment, Small Limited Company accounts etc Qualified to AAT...See More
MGM & CO. Chartered Certified Accountants
If you are looking for professional accountants offering a full range of accountancy and tax services to clients from across the UK, you have come to ...See More
Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More
Mind Your Assets Accounts
Mind Your Assets Accounts is based in Sheffield, South Yorkshire, with offices also in Manchester and London. We have over 20 years accountancy expe...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
Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...See More
Cheaper Accountant
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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
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
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
PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...See More
SAFEBOOKS4U BOOKKEEPING SERVICES
For all Your Bookkeeping Needs Safebooks4u specializes in a variety of bookkeeping services with outstanding support. We understand how busy you are,...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
GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...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
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
Frequently asked questions
What are the main duties of a company liquidator in Castleford?
A company liquidator in Castleford is responsible for managing the entire liquidation process. Their main duties include realising and selling company assets, investigating the company's financial affairs, agreeing claims from creditors, distributing any available funds to creditors in the correct legal order, and ensuring all statutory filings are completed. They also act in the interests of all stakeholders, including creditors and shareholders, and ensure that the company is dissolved properly at the end of the process.
How much does it cost to appoint a liquidator for a Castleford company?
The cost of appointing a liquidator in Castleford varies depending on the complexity of the case, the size of the company, and the number of creditors. For a creditors' voluntary liquidation (CVL), the liquidator's fee is often based on the value of the assets realised or an agreed fixed fee. During your free consultation, we will provide a clear, written quote with no hidden costs. We recommend discussing fees upfront to ensure transparency.
What is the difference between a creditors' voluntary liquidation and a compulsory liquidation?
A creditors' voluntary liquidation (CVL) is initiated by the company's directors and shareholders when the company is insolvent but has not been forced into liquidation by a court. It is a voluntary process where a liquidator is appointed by the shareholders and creditors. A compulsory liquidation, on the other hand, is a court-ordered process, usually initiated by a creditor who obtains a winding-up order. In a compulsory liquidation, the Official Receiver or an appointed insolvency practitioner acts as liquidator.
Can I continue trading if my company is in liquidation?
No, once a company enters liquidation, the liquidator takes control of the company and its assets. Directors lose their powers to trade or make decisions on behalf of the company, except in very limited circumstances where the liquidator may allow trading to continue for a short period to complete existing contracts or maximise asset value. All trading activities must be authorised and supervised by the appointed liquidator.
What happens to employees when a company goes into liquidation in Castleford?
When a company enters liquidation, employees are typically made redundant by the liquidator. The liquidator will assess any outstanding wages, holiday pay, and redundancy entitlements. Employees may be able to claim certain statutory payments from the National Insurance Fund (via the Redundancy Payments Service), including arrears of pay, holiday pay, and statutory redundancy pay. The liquidator will provide the necessary forms and guidance to affected employees.
How long does the liquidation process take for a company in Castleford?
The duration of a liquidation process varies significantly based on the complexity of the company's affairs. A simple creditors' voluntary liquidation may be completed in as little as 6 to 12 months, while more complex cases involving substantial assets, disputes, or investigations can take several years. The liquidator must complete all necessary investigations, realise assets, and distribute funds before the company can be formally dissolved. We will provide a realistic timeline during your initial consultation.
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