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
TI Accountancy Limtied
TI Accountancy was established in 2002 by its owner Tracy Irwin, who grew the company organically through her hard work and determination to the Emplo...See More
NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...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
Holden Associates
Holden Associates are a family run business founded in 2002, we are located at V12, Merlin Park, a modern purpose-built office in Burscough, Lancashir...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
LFR Accounting
Accountancy and taxation services
GE ACCOUNTANCY LTD
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C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
MJF ACCOUNTANCY LIMITED
Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.
CloudBook Accountants Ltd
Since we were established in 2013, we have done everything online - from getting a quote to signing off your accounts. It's easier and quicker, so it ...See More
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...See More
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
Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...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
Athena Bookkeeping Services
Athena Accounting and Bookkeeping Services. ?Let us take good care of your finances giving you more time to focus on the day to day running of your bu...See More
Frequently asked questions
What is the difference between a Creditors Voluntary Liquidation (CVL) and a Members Voluntary Liquidation (MVL)?
A CVL is used when a company is insolvent and cannot pay its debts. It is initiated by directors and involves a meeting of creditors to approve the liquidation. An MVL is for solvent companies where shareholders decide to close the business voluntarily, often for retirement or restructuring, and it requires a statutory declaration of solvency.
How long does a company liquidation take in Kells?
The timeline varies depending on the complexity of the company's affairs. A straightforward MVL can be completed in as little as six to twelve months, while a CVL typically takes between twelve and eighteen months. This period includes asset realisation, creditor claims, and final dissolution.
What are the legal obligations of directors during a liquidation?
Directors must cooperate fully with the liquidator, provide all company records and financial statements, and disclose any preferential payments or transfers made before liquidation. They must also attend creditors' meetings and answer questions about the company's affairs to avoid personal liability.
Can I keep trading if my company is insolvent?
No, continuing to trade while insolvent can lead to personal liability for directors under Irish law. Once you become aware of insolvency, you should seek professional advice immediately. Our liquidators in Kells can help you assess your options, including CVL or restructuring, before debts escalate.
How much does it cost to hire a company liquidator in Kells?
Costs vary based on the size and complexity of the company. For a CVL, fees are typically agreed with creditors and may be based on a fixed fee or a percentage of assets realised. For an MVL, fees are agreed with shareholders. We offer transparent, upfront pricing with no hidden charges.
What happens to employees during a company liquidation?
Employees are made redundant once liquidation begins. They may be entitled to statutory redundancy payments, unpaid wages, and holiday pay, which can be claimed from the Insolvency Payments Scheme. The liquidator will guide employees through the process and ensure their claims are submitted correctly.
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