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
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
.jpg)
Additions Accountancy
Welcome to Additions Accountancy Looking for Grantham Accountants? We are a firm of accountants in Grantham with a strong customer service ethos and ...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
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 ...
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
Msi Accountancy Services
At MSI - Accountants & Bookkeepers - We have a strong network of Accountants, Bookkeepers & Tax Advisors who are very friendly and down to earth and a...See More
Zak Partnership
The Zak Partnership have long recognized the importance of working closely with both our clients and our broader partner supplier community as a whole...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
.png)
FLEXIE ACCOUNTANTS LTD
Flexie Accountants is a reputable accounting firm, providing accounting, finance and tax services to sole traders, partnership and Limited companies. ...See More
HHR ACCOUNTANCY LTD
Accounting & Bookkeeping Solutions
T.Y.E BOOKKEEPING LTD
For all your bookkeeping needs from self assessments, VAT returns, EC Sales List, general bookkeeping for sole traders or small businesses. I work on ...See More
Matrix Accountancy Services Limited
Will Farmer FMAAT, AAT Licensed Accountant and Director of Matrix Accountancy Services Limited Hi I'm Will, In 2012 I...
Matrix Accountancy Services
"Offering a friendly and professional service, I provide ongoing advice and support for every stage of your business journey. As an AAT Licensed Acc...See More
Accounting4Actors
Accounting4actors is not only for actors! We also represent dancers, musicians, sports professionals, models, writers, artists, directors, camerapeopl...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
Ashden Accountants
Ashden Accountants are Accountants, Registered Statutory Auditors, Personal and Business Tax Specialists and Business Consultants. We provide accounti...See More
Frequently asked questions
What is the difference between compulsory and voluntary liquidation in Donington?
Compulsory liquidation is a court-ordered process, typically initiated by a creditor who petitions the court to wind up a company that cannot pay its debts. Voluntary liquidation is initiated by the company's directors or shareholders. This includes Creditors Voluntary Liquidation (CVL) for insolvent companies, where directors propose liquidation to creditors, and Members Voluntary Liquidation (MVL) for solvent companies, where shareholders decide to close the business. Our Donington liquidators guide you through both processes, ensuring compliance with the Insolvency Act 1986.
Can a company in Donington continue trading during liquidation?
Once a company enters liquidation, its trading activities generally cease immediately, except for actions necessary to preserve asset value or complete contracts for the benefit of creditors. The appointed liquidator takes control of the company's affairs, and directors lose their powers. In some cases, a short period of trading may be permitted to sell stock or finish work in progress, but this requires the liquidator's approval. We advise on the best course of action based on your specific circumstances.
What are the legal responsibilities of directors when a company is insolvent in Donington?
Directors of an insolvent company in Donington have a duty to act in the best interests of creditors, not just shareholders. They must avoid wrongful trading, which means continuing to trade when they know the company cannot avoid insolvency. Directors can be personally liable for debts incurred during wrongful trading. Our liquidators provide guidance on fulfilling these duties, including preparing a statement of affairs and cooperating with the liquidator. Seeking professional advice early can help mitigate personal risks.
How much does company liquidation cost in Donington?
The cost of liquidation in Donington varies depending on the complexity of the company's affairs, the number of assets, and the level of creditor involvement. For a Creditors Voluntary Liquidation (CVL), fees typically range from £3,000 to £7,000 plus VAT, often paid from company assets. Members Voluntary Liquidation (MVL) fees are similar but may be lower for straightforward cases. We provide transparent fee structures upfront, with no hidden costs. Contact us for a fixed-fee quote based on your company's situation.
What happens to employees when a company goes into liquidation in Donington?
When a company enters liquidation, all employees are automatically dismissed from the date of the liquidation order. The liquidator is responsible for ensuring employees receive their statutory redundancy pay, unpaid wages, holiday pay, and notice pay, which may be claimed from the National Insurance Fund if the company cannot pay. Employees are also entitled to claim for unfair dismissal if the correct procedures are not followed. Our liquidators provide clear information to employees about their rights and how to claim what they are owed.
Can a company in Donington be liquidated if it has no assets?
Yes, a company with no assets can still be liquidated, but the process may be funded by directors or shareholders. In a Creditors Voluntary Liquidation (CVL), if there are no assets to cover the liquidator's fees, directors may need to contribute to the costs. Alternatively, a company can be struck off the register via a voluntary strike-off if it is solvent and meets certain criteria, but this does not provide the same legal protection as liquidation. Our experts can advise on the most cost-effective option for your situation.
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.