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
Woody's Payroll & Bookkeeping Services
Here at Woody's we have years of experience in providing a dedicated, professional and highly personal service to our clients. We offer a wide range o...See More
Purnells - Licensed Insolvency Practitioners
As insolvency practitioners we also specialise in interpreting the legislation set out in The Insolvency Act 1986, The Insolvency (England and Wale...
Kings Oak Accountancy
Accountants based in Bristol, Bath & Somerset providing accounting and tax services to small and medium size owner-managed businesses. Our services in...See More
KINGS OAK ACCOUNTANCY (SOMERSET) LTD
We are a small firm of Accountants based in Somerset. Michael is a fellow of the Chartered Institute of Management Accounting with over 30 years expe...See More
Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.
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Williamslester Brilliant Accounting Services
Our range of services are provided by fully qualified and experienced staff who always monitor, advise and review both new and existing clients. This ...See More
HUBBLE ACCOUNTANCY LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...
TKI Bookkeeping & Accounts
Hello and welcome to my site, I am qualified by the The Institute of Certified Bookkeepers and have attained highest level qualification, Level 4 Dipl...See More
Financial Claims Consultants
Financial Claims Consultants offer No Win No Fee Pension Claims – we help clients&...
SG CONTRACTOR ACCOUNTING LIMITED
SG Accounting was established in 1995 to service the accountancy and taxation needs of professional contractors and freelancers. We are based in Winc...See More
Modus Accountants Limited
Whether you are looking for advice, inspiration, accountancy services or all three, our integrated services will provide as much or as little su...See More
DEAD SIMPLE ACCOUNTING LTD
Dead Simple Accounting is an expert accounting firm based in Reading, Berkshire. We’ve been supporting the local business community in Reading with a ...See More
Turner Barratt
At Turner Barratt we believe that we have something unique to offer. Just Corporate Finance Turner Barratt are Chartered Accountants who are dedicate...See More
Accounting etc. limited
We are a small firm of Chartered Management Accountants dedicated to providing you with a high quality accountancy service and sound business advice a...See More
QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More
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R Albert Accountancy Ltd
We are an AAT Licensed accountancy practice providing a professional and friendly service. A new accountancy practice offering fantastic one to one s...See More
The Bean Counters Accountants LLP
Established in 2011, The Bean Counters Accountants is a growing accounting firm in Maidenhead which specializes in cloud accounting and bookkeeping, p...See More
Frequently asked questions
What is the role of a company liquidator in Hastings?
A company liquidator in Hastings is a licensed insolvency practitioner who takes control of a company that is being wound up. Their role includes realising the company's assets, investigating its affairs, settling creditor claims, and distributing any remaining funds to shareholders in a legally compliant manner. They also ensure that all statutory filings are made with Companies House and that the company is formally dissolved at the end of the process.
How much does a company liquidation cost in Hastings?
The cost of company liquidation in Hastings varies depending on the complexity of the case, the size of the company, and the type of liquidation required. For a Creditors Voluntary Liquidation (CVL), fees typically range from £3,000 to £7,000 plus VAT and disbursements. Some liquidators may offer a fixed fee or a payment plan, but it is essential to obtain a detailed written quote before proceeding. Our firm provides transparent pricing with no hidden costs.
What is the difference between a CVL and a compulsory liquidation?
A Creditors Voluntary Liquidation (CVL) is initiated by the company's directors and shareholders when the company is insolvent, and a resolution is passed to wind up voluntarily. A compulsory liquidation is a court-ordered winding-up, usually triggered by a creditor presenting a winding-up petition. In a CVL, the directors have more control over the appointment of the liquidator, whereas in a compulsory liquidation, the Official Receiver initially acts as liquidator.
Can a director be held personally liable for company debts in Hastings?
In most cases, directors are not personally liable for company debts because a limited company is a separate legal entity. However, personal liability can arise if a director has given a personal guarantee, acted fraudulently, or engaged in wrongful trading. A liquidator in Hastings will investigate the conduct of directors and may take action if there is evidence of misfeasance or breach of duty. Seeking early advice from a liquidator can help mitigate these risks.
How long does the liquidation process take in Hastings?
The duration of a liquidation in Hastings depends on the type and complexity of the case. A Creditors Voluntary Liquidation (CVL) typically takes between 6 and 12 months to complete, provided that all assets are realised and creditor claims are resolved without disputes. Compulsory liquidations may take longer, especially if there are complex investigations or legal challenges. Your liquidator will provide a timeline based on your specific circumstances.
What happens to employees when a company goes into liquidation in Hastings?
When a company enters liquidation in Hastings, employees are made redundant by the liquidator, who acts as the employer's agent. Employees may be entitled to claim redundancy pay, unpaid wages, holiday pay, and notice pay from the National Insurance Fund (via the Redundancy Payments Service). The liquidator will provide each employee with the necessary forms (RP1, RP2, and RP3) to make these claims, and will also advise on their rights.
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