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TKI Bookkeeping & Accounts
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HUBBLE ACCOUNTANCY LTD
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R Albert Accountancy Ltd
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Modus Accountants Limited
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Kings Oak Accountancy
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KINGS OAK ACCOUNTANCY (SOMERSET) LTD
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ADD- WORTH ACCOUNTANCY LTD
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Capital Accountancy - Accountants & Tax Advisors
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Naseems Accountants
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AMSTOR ACCOUNTANTS LIMITED
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Raven Solution
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MRC Accounting Services
Providing accounting services and solutions

Williamslester Brilliant Accounting Services
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Pharmatax
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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
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...

Business Partners Accountants & Bookkeepers
An accounting firm for all your accounting and bookkeeping needs Business Partners Accountants & Bookkeepers is a reputable accounting firm serving so...See More
Frequently asked questions
What is the role of a company liquidator in Gloucester?
A company liquidator in Gloucester is a licensed insolvency practitioner who manages the formal closure of a company. Their role includes assessing the financial position, realising assets, distributing funds to creditors, investigating director conduct, and ensuring compliance with the Insolvency Act. They also handle employee claims and communicate with all stakeholders throughout the liquidation process.
How much does company liquidation cost in Gloucester?
The cost of company liquidation in Gloucester varies depending on the complexity and type of liquidation. For a Creditor Voluntary Liquidation (CVL), typical fees range from £4,000 to £8,000 plus VAT, often paid from company assets. For a solvent Members Voluntary Liquidation (MVL), costs may be lower. We offer fixed-fee quotes after a free initial consultation, so you know the exact cost upfront.
What is the difference between CVL and MVL?
A Creditor Voluntary Liquidation (CVL) is used for insolvent companies where directors cannot pay debts. It is initiated by directors and ends with the company being dissolved. A Members Voluntary Liquidation (MVL) is for solvent companies that can pay all debts within 12 months. MVL is often used for tax-efficient extraction of retained profits by shareholders.
Can a company liquidator help with director personal guarantees?
Yes, a company liquidator can provide advice on director personal guarantees. If you have signed personal guarantees for business loans or leases, liquidation may trigger a claim against you personally. Our liquidators can help you understand your options, negotiate with creditors, and potentially arrange a settlement or payment plan to mitigate the impact on your personal finances.
How long does the liquidation process take in Gloucester?
The duration of a liquidation in Gloucester depends on the complexity. A straightforward Creditor Voluntary Liquidation (CVL) typically takes 6 to 12 months to complete, including asset realisation and final dissolution. An MVL can be faster, sometimes 3 to 6 months. Complex cases with many creditors or legal disputes may take longer. We provide a realistic timeline after reviewing your company's details.
What happens to employees during company liquidation?
During company liquidation in Gloucester, employees are automatically made redundant once the liquidation order is granted. The liquidator is responsible for notifying employees and ensuring they receive statutory redundancy pay, unpaid wages, holiday pay, and other entitlements. These claims are paid from the National Insurance Fund (via the Redundancy Payments Service) if company funds are insufficient.
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