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
.jpg)
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
Capital Accountancy - Accountants & Tax Advisors
WE at CAPITAL ACCOUNTANCY specialises in helping small-to-medium sized businesses, sole traders, contractors and landlords. We make sure you pay the r...See More
Naseems Accountants
Established in 1978, Naseems Accountants is a small but growing business with our clients doubled over the last decade. We honor ourselves in ou...See More
AMSTOR ACCOUNTANTS LIMITED
Amstor Accountants Limited T/A Premier Accountants, Auditors and Tax Advisers want to help you pay less tax and keep more of the profit your business ...See More
.jpeg)
Raven Solution
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.
MRC Accounting Services
Providing accounting services and solutions
Pharmatax
Pharmatax is a leading specialist in pharmacy accounting, offering tailored services that go beyond traditional bookkeeping. O...See More
ADD- WORTH ACCOUNTANCY LTD
Helping business owners make sense of their numbers. 30+ years of progressive finance and accounting experience in various industries. Offering expert...See More
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
Matrix Accountancy Services
"Offering a friendly and professional service, I provide ongoing advice and support for every stage of your business journey. As an AAT Licensed Acc...See More
Matrix Accountancy Services Limited
Will Farmer FMAAT, AAT Licensed Accountant and Director of Matrix Accountancy Services Limited Hi I'm Will, In 2012 I...
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
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
T.Y.E BOOKKEEPING LTD
For all your bookkeeping needs from self assessments, VAT returns, EC Sales List, general bookkeeping for sole traders or small businesses. I work on ...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.
.jpg)
.png)
FLEXIE ACCOUNTANTS LTD
Flexie Accountants is a reputable accounting firm, providing accounting, finance and tax services to sole traders, partnership and Limited companies. ...See More
Zak Partnership
The Zak Partnership have long recognized the importance of working closely with both our clients and our broader partner supplier community as a whole...See More
Frequently asked questions
What is the difference between a CVL and an MVL in Hatfield?
A Creditors Voluntary Liquidation (CVL) is used when a company is insolvent and cannot pay its debts. An MVL (Members Voluntary Liquidation) is for solvent companies where directors and shareholders decide to close the business. In a CVL, creditors control the process and a liquidator is appointed to realise assets for their benefit. In an MVL, shareholders appoint the liquidator, and the process is typically more straightforward, with any surplus funds distributed to shareholders.
How much do company liquidators in Hatfield charge for their services?
Fees vary depending on the complexity of the liquidation, the size of the company, and the number of creditors. Most licensed insolvency practitioners offer a fixed-fee service for straightforward CVLs, which can range from £4,000 to £8,000 plus VAT, but this is often dependent on asset realisation. For MVLs, fees are typically lower and based on the time spent or a percentage of the assets distributed. Always request a detailed quote before engaging a liquidator.
Can a director be held personally liable for company debts during liquidation?
Directors can be held personally liable if they have acted wrongfully, such as trading while insolvent without reasonable prospect of recovery, or if they have misused company funds. However, in a properly conducted liquidation where directors cooperate with the liquidator and follow legal advice, personal liability is rare. Our team helps you avoid such risks by ensuring all actions are compliant from the outset.
What happens to employees when a company goes into liquidation in Hatfield?
When a company enters liquidation, all employees are automatically dismissed from the date of the winding-up order. The liquidator will provide redundancy and notice pay claims to the Redundancy Payments Service, which can cover statutory entitlements. Employees may also claim unpaid wages, holiday pay, and pension contributions. The liquidator will guide employees through the claims process.
How long does the liquidation process take in Hatfield?
A Creditors Voluntary Liquidation typically takes between 6 to 12 months to complete, depending on the complexity of asset realisation and creditor claims. An MVL can be faster, often completing within 3 to 6 months if the company has no complex assets or disputes. The liquidator must file final accounts with Companies House and notify the relevant authorities before the company is formally dissolved.
What are the signs that my company in Hatfield needs liquidation?
Key indicators include consistent cash flow problems, inability to pay suppliers or HMRC on time, mounting creditor pressure, legal threats or winding-up petitions, and a lack of profitable trading. If you are considering closing your company and it is solvent, an MVL is appropriate. If insolvent, a CVL is necessary to avoid wrongful trading and potential director disqualification.
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.