
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

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
Frequently asked questions
What are the signs that my company in Enniskillen needs liquidation?
Key indicators include persistent cash flow problems, inability to pay suppliers or HMRC on time, mounting creditor pressure, statutory demands, or a negative net asset position. If you are trading while insolvent, you risk wrongful trading claims. Early professional advice from a licensed liquidator can help you assess options like CVL or administration.
How much does company liquidation cost in Enniskillen?
Costs vary based on complexity, asset value, and creditor numbers. For a typical creditors voluntary liquidation, fees often range from £3,000 to £6,000 plus VAT, but fixed-fee packages are available. We provide transparent quotes after a free initial review. Members voluntary liquidation for solvent companies may cost less.
Can I keep trading if I appoint a liquidator in Enniskillen?
No. Once a liquidator is appointed, they take control of the company's affairs. Trading ceases immediately unless the liquidator decides to continue temporarily to sell assets or complete contracts. Directors must not trade after liquidation begins, as this could lead to personal liability.
What is the difference between CVL and compulsory liquidation?
A CVL is a voluntary process initiated by directors and shareholders when the company is insolvent. It involves a meeting of creditors and is less adversarial. Compulsory liquidation is a court-ordered winding up, usually petitioned by a creditor. CVL offers more control and typically better outcomes for creditors.
Will I be personally liable for company debts after liquidation in Enniskillen?
Generally, no, if you have acted lawfully. Limited liability protects directors from company debts unless there has been fraudulent or wrongful trading, or personal guarantees were signed. A liquidator will investigate your conduct. Taking prompt professional advice minimises personal risk.
How long does the liquidation process take in Enniskillen?
A creditors voluntary liquidation typically takes 6 to 12 months to conclude, depending on asset realisation and creditor claims. Compulsory liquidation may take longer. The liquidator must file final accounts and dissolve the company. Our team aims to expedite the process while ensuring full legal compliance.
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.
