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
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
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
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
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
PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...See More
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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
MJF ACCOUNTANCY LIMITED
C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
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
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More
Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.
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
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
J. Jervis Accounting Services LTD
THE FINANCIAL MANAGEMENT CENTRE UK LTD
Online firm
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
Frequently asked questions
What is the role of a company liquidator in Northwich?
A company liquidator in Northwich is a licensed insolvency practitioner who takes control of an insolvent company to wind it down. Their role includes realising assets, agreeing claims with creditors, investigating the company's affairs and directors' conduct, and distributing any funds available. They ensure the liquidation follows legal procedures and, once complete, the company is dissolved and removed from the Companies House register.
When should I consider company liquidation in Northwich?
You should consider company liquidation when your business cannot pay its debts as they fall due, such as facing a winding-up petition, statutory demands, or creditor enforcement actions. If there is no realistic prospect of recovery through restructuring or a CVA, liquidation protects creditors and allows directors to close the company formally. Seeking early advice is crucial to avoid personal liability for wrongful trading.
What is Creditors Voluntary Liquidation (CVL) and how does it work?
Creditors Voluntary Liquidation (CVL) is a formal insolvency process for a company that is insolvent but has not been forced into liquidation by a court. Directors pass a resolution to wind up the company, and a licensed insolvency practitioner is appointed as liquidator. The liquidator then calls a meeting of creditors, realises assets, investigates the company's affairs, and distributes proceeds to creditors in the statutory order. Once completed, the company is dissolved.
Can I still trade my company if it is insolvent in Northwich?
Trading while insolvent can lead to personal liability for directors if they continue to incur debts knowing the company cannot repay them. This is known as wrongful trading. If you are insolvent, you should seek immediate advice from a licensed liquidator. In some cases, trading may continue temporarily under the guidance of an insolvency practitioner to maximise asset value, but this requires careful management and professional oversight.
What are the costs of appointing a company liquidator in Northwich?
The costs of liquidation in Northwich vary depending on the complexity of the case, the size of the company, and the work required. Typically, fees are paid from the company's assets, but if there are insufficient assets, directors may need to fund the process. We offer fixed-fee structures for straightforward CVLs, and we provide a free initial consultation to give you a clear estimate before you commit.
What happens to employees when a company goes into liquidation?
When a company enters liquidation, all employees are automatically dismissed from the date the liquidation order is made. The liquidator is responsible for ensuring employees receive their statutory entitlements, such as unpaid wages, holiday pay, and redundancy pay. These claims may be paid from company assets or through the National Insurance Fund (Redundancy Payments Service) if assets are insufficient. The liquidator will guide employees on how to claim.
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