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
Holdsworth Accountancy
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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
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
Accounting 4 Ltd
Registered practice offering accountancy services from Bookkeeping, Payroll, Vat, Self Assessment, Small Limited Company accounts etc Qualified to AAT...See More
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More
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
PAYLESS ACCOUNTING & OUTSOURCING LIMITED
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Athena Bookkeeping Services
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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
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
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
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
C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
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 is the difference between a creditors voluntary liquidation and a compulsory liquidation in Halifax?
A Creditors Voluntary Liquidation (CVL) is initiated by the company's directors and shareholders when the company is insolvent, and it requires a shareholder resolution and a meeting of creditors. A compulsory liquidation is a court-ordered winding-up, usually petitioned by a creditor such as HMRC or a supplier. In a CVL, the directors retain some control over the process and can choose the liquidator, whereas in a compulsory liquidation, the Official Receiver or a court-appointed liquidator takes control.
Can directors of a Halifax company face personal liability for debts if they choose liquidation?
Directors are generally not personally liable for company debts if they have acted in good faith and within their legal duties. However, personal liability can arise if there has been wrongful trading, fraudulent trading, or if directors have given personal guarantees for business loans. Our liquidation experts in Halifax review all director conduct and advise on any potential risks before proceeding, helping you avoid personal financial exposure.
How much does it cost to liquidate a company in Halifax?
The cost of a Creditors Voluntary Liquidation in Halifax typically ranges from £3,000 to £6,000 plus VAT, depending on the complexity of the case, the number of assets, and the level of creditor involvement. This fee is usually paid from the company's assets before any distribution to creditors. We provide fixed-fee quotes with no hidden charges, and we will confirm all costs upfront before you commit.
What happens to employees if a company goes into liquidation in Halifax?
When a company enters liquidation, employees are automatically dismissed from the date the liquidation order is made. The liquidator becomes responsible for settling employee claims, including unpaid wages, holiday pay, and redundancy pay. Employees may be able to claim certain statutory payments from the National Insurance Fund via the Redundancy Payments Service, and we guide employees through this process to ensure they receive what they are entitled to.
How long does a company liquidation take in Halifax?
The duration of a liquidation in Halifax varies based on the complexity of the company's affairs. A straightforward Creditors Voluntary Liquidation can be completed in as little as 6 to 12 months, but cases with complex asset realisations, legal disputes, or incomplete records may take longer. The liquidator must finalise all asset sales, settle claims, and distribute funds before the company is formally dissolved, which typically occurs after the final meeting of creditors.
Can a company continue trading after a liquidator is appointed in Halifax?
No, once a liquidator is appointed, the directors' powers cease, and the liquidator takes full control of the company's affairs. The company cannot continue trading except for the purpose of winding up its business, such as selling stock or completing contracts that benefit creditors. Any trading after liquidation without the liquidator's approval can result in personal liability for directors.
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