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Company Liquidators
In Dursley Glos

When your company in Dursley, Gloucestershire faces financial distress, our licensed insolvency practitioners provide clear, confidential, and practical liquidation solutions. As local experts, we understand the pressures on directors and businesses in the Dursley area, from the industrial estates to the high street. We specialise in Creditors Voluntary Liquidation (CVL) for insolvent companies, Members Voluntary Liquidation (MVL) for solvent companies, and director personal liability guidance. Our goal is to wind down your company efficiently, minimise disruption, and help you move forward with confidence.

We work with small and medium enterprises across Dursley, Cam, and surrounding villages, offering face-to-face meetings at your premises or our local office. Every case is handled with urgency and sensitivity, ensuring you meet your statutory obligations while protecting your personal assets where possible. We also advise on redundancy claims, asset realisation, and dealing with HMRC arrears. With transparent fixed fees and no hidden costs, you can trust our team to guide you through every step of the liquidation process.

If your company is struggling with debt, or you simply want to close a solvent business, contact our Dursley liquidators today. We offer a free, no-obligation initial consultation to discuss your options and provide a clear path forward. Let us help you resolve your company affairs professionally and legally.

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Frequently asked questions

What is the difference between a CVL and an MVL in Dursley?

A Creditors Voluntary Liquidation (CVL) is for an insolvent company that cannot pay its debts, where a liquidator is appointed to sell assets and distribute funds to creditors. A Members Voluntary Liquidation (MVL) is for a solvent company, typically used by directors who want to close a profitable business and extract retained profits in a tax-efficient way. Our Dursley liquidators will assess your financial position and recommend the correct procedure.

How much does company liquidation cost in Dursley, Glos?

The cost of liquidation in Dursley varies depending on the complexity of the case, the size of the company, and the number of creditors. For a straightforward CVL, our fixed fees typically start from £4,000 plus VAT and disbursements, but we always provide a clear written quote before you commit. MVL fees are often lower, starting from £1,500. We offer transparent pricing with no hidden charges.

Can I keep trading if my company is insolvent in Dursley?

If your company is insolvent, you can continue trading for a short period to complete work in hand or sell assets, but you must not take on new credit while knowing the company cannot repay it. Doing so could lead to wrongful trading claims against you personally. Our liquidators in Dursley advise directors on the legal boundaries and help you stop trading at the right time to avoid personal liability.

What happens to company directors after liquidation in Dursley?

After a CVL, directors are usually released from their duties once the liquidation is complete, but they must cooperate with the liquidator and provide all required information. Directors may face investigation if they have acted improperly, but in most cases, they are not personally liable for company debts. After an MVL, directors can receive their final dividends and the company is struck off, allowing them to move on or start a new business.

Will I lose my personal assets if my Dursley company goes into liquidation?

Generally, personal assets like your home or car are protected in a limited company liquidation because the company is a separate legal entity. However, if you have given personal guarantees for business loans or leases, creditors can pursue you for those debts. Our Dursley liquidators help you identify and manage such risks before proceeding with liquidation.

How long does a company liquidation take in Dursley, Glos?

A Creditors Voluntary Liquidation typically takes between 6 to 12 months to complete, depending on the complexity of asset realisation and creditor claims. A Members Voluntary Liquidation can be completed in as little as 3 to 6 months. We provide a timeline at the start of the process and keep you updated throughout, ensuring a smooth and efficient closure.

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