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
Hayes Accountants
Hayes Accountancy is your local accountancy service provider & part of the group BNW Accountants & Tax Consultants. We offer high-quality accounting a...See More
EXPEDIENT ACCOUNTANCY
Expedient Accountancy Limited provides a wide range of expert accounting services. We are a partnership of 3 Chartered Certified Accountants with more...See More
City Tax London
City Tax London provides unparalleled personalized accounting services and th...
Taxeasy Ltd
TaxEasy Ltd is an experienced and proactive firm of certified accountants and bookkeepers offering high quality accounting services to clients through...See More
Yourtaxhelp
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MINT FORMATIONS LTD
We have over 100 years of combined industry experience, having worked with hundreds of startups and small businesses in every industry imaginable. We ...See More
MAKESWORTH LIMITED
Makesworth
Accountants is an award-winning accountancy practice of Chartered
Certified Accountants tax and business advisors. We a...
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Financial Partnership London
The Financial Partnership LLP, London, is a young, dynamic and innovative firm of Accountants & Business Advisors who can help improve the performance...See More
Numerii Ltd
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DIrect Assist accountants Ltd
Direct Assist accountants Ltd is one of the fastest growing chartered accountants firm serving businesses and individuals from different industries fr...See More
Not Just Bookkeeping Ltd
Friendly Consulting offers a wide range of consulting services for several indu...
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MARK SASTA & ASSOCIATES
Mark Sasta & Associates Ltd is a member firm of the Institute of Chartered&nbs...
" Accountify – Chartered Certified Accountants"
A firm of Chartered Certified Accountants based in London and Portsmouth. Accountify is an established brand in Accounting and Tax, serving its client...See More
Fitzgeralds Accountants Limited
We are a well established firm of accountants and tax advisors based in South West London, dealing with small businesses and high net worth individual...See More
Startup Accountants
Our startup accountants London operate with a specific approach to keep your business afloat. Gradually positioning it where you have dreamt it to be....See More
TITUS ACCOUNTS LTD
I know that telling you the truth won’t make me very popular with other accountants. If I'm honest I never liked them much anyway. Chances are (if yo...See More
Tax Cruncher
Tax Cruncher is an online accounting &Tax consulting firm serving clients nationwide. Our aim is to help SMEs to grow their business by crunching thei...See More
Frequently asked questions
What is a company liquidator and why would I need one in Hayes?
A company liquidator is a licensed insolvency practitioner who manages the process of closing down a company. In Hayes, you would need one if your business is insolvent (unable to pay its debts) or if you wish to close a solvent company. The liquidator's role is to sell assets, settle creditor claims, and legally dissolve the company, ensuring all statutory obligations are met. They also advise directors on their duties and help avoid personal liability.
How much does company liquidation cost in Hayes?
The cost of liquidation in Hayes varies depending on the complexity of the company's affairs, but for a standard Creditors Voluntary Liquidation (CVL), fees typically range from £3,000 to £6,000 plus VAT and disbursements. At Company Liquidators Hayes, we offer fixed-fee packages with no hidden charges. The cost is often covered by the company's assets, and in some cases, the director may fund the process personally. We provide a free consultation to give you an accurate quote.
What is the difference between CVL and MVL?
A Creditors Voluntary Liquidation (CVL) is used for insolvent companies where the company cannot pay its debts. The liquidator realises assets to repay creditors as much as possible. A Members Voluntary Liquidation (MVL) is for solvent companies that can pay all debts in full, often used by directors to extract retained profits under capital gains tax treatment. Our Hayes team can assess your financial status and recommend the correct procedure for your circumstances.
Can I liquidate my company myself without a professional in Hayes?
While it is legally possible to apply for voluntary strike-off without a liquidator, this is only suitable for companies with no assets, no liabilities, and no creditor objections. If your company has debts or assets, attempting to manage liquidation yourself is risky and can lead to penalties for wrongful trading or director disqualification. A licensed liquidator in Hayes ensures compliance with insolvency law and protects your interests throughout the process.
What happens to employees when a company is liquidated in Hayes?
When a company enters liquidation, employees are automatically made redundant. The liquidator is responsible for notifying employees and assisting them with claims for unpaid wages, holiday pay, and redundancy payments through the National Insurance Fund (RPS). The liquidator also provides information on how to claim statutory entitlements. Our team in Hayes handles employee communications sensitively and ensures all legal requirements are met.
How long does the liquidation process take in Hayes?
The length of a liquidation in Hayes depends on the company's complexity. A Creditors Voluntary Liquidation (CVL) can often be completed within 6 to 12 months, including the initial meeting of creditors and the final dissolution. A solvent MVL can be faster, sometimes 3 to 6 months. However, if there are complex asset realisations or legal disputes, it may take longer. We provide a clear timeline during your free consultation.
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