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
Numerii Ltd
Informed financial support for your business. We are a small, friendly and highly motivated team who offer a professional and efficient service to our...See More
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
Yourtaxhelp
Our motto is “Accountants and Tax Advisers with simple technology”. We will not stop being innovative or using cutting edge technology to help you out...See More
MAKESWORTH LIMITED
Makesworth
Accountants is an award-winning accountancy practice of Chartered
Certified Accountants tax and business advisors. We a...
See More
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
MARK SASTA & ASSOCIATES
Mark Sasta & Associates Ltd is a member firm of the Institute of Chartered&nbs...
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
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
City Tax London
City Tax London provides unparalleled personalized accounting services and th...
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
SJD ACCOUNTANCY LIMITED
SJD Accountancy is the UK’s largest specialist provider of fixed fee, limited company accountancy services to contractors and freelancers; we’ve been ...See More
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
Not Just Bookkeeping Ltd
Friendly Consulting offers a wide range of consulting services for several indu...
See More
BLUEBIRD ACCOUNTANCY LIMITED
Bluebird Accountancy was created with the needs of modern day contractors and freelancers like you in mind. With modern day accountancy software makin...See More
" 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
ION Chartered Accountant
ION Chartered Accountants are a boutique accountancy and consulting practice that supports small and medium enterprises in a wide range of business se...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
Frequently asked questions
What is the difference between a solvent and insolvent liquidation in Northwood Hills?
A solvent liquidation, known as a Members' Voluntary Liquidation (MVL), is used when a company can pay all its debts in full within 12 months. An insolvent liquidation, typically a Creditors' Voluntary Liquidation (CVL), is for companies that cannot pay their debts. In a CVL, a licensed liquidator is appointed to realise assets and distribute funds to creditors, while in an MVL, surplus funds are distributed to shareholders after all liabilities are settled.
How much does a company liquidator in Northwood Hills cost?
The cost of liquidation varies based on the complexity of the company's affairs, the number of assets, and the level of creditor involvement. For a straightforward CVL, fees often range from £3,000 to £6,000 plus VAT, but this can increase if there are complex asset realisations or investigations. We always provide a fixed-fee quote upfront after a free initial assessment, so there are no hidden surprises.
Can I be held personally liable for company debts after liquidation?
In most cases, directors are not personally liable for company debts if they have acted within the law and not traded wrongfully or fraudulently. However, if you have given personal guarantees for loans or leases, creditors can pursue you for those amounts. A licensed liquidator will review your conduct to ensure there is no evidence of misfeasance, which could lead to personal claims.
What is the role of a liquidator in a Creditors' Voluntary Liquidation (CVL)?
A liquidator's role is to take control of the company's assets, sell them for the best possible price, investigate the company's affairs and director conduct, and distribute the proceeds to creditors in the correct statutory order. They also handle all legal formalities, including notifying Companies House and HMRC, and they will hold a final meeting of creditors to report on the liquidation outcome.
How long does the liquidation process take in Northwood Hills?
A straightforward CVL can often be completed within 6 to 9 months, from the initial meeting of creditors to the final dissolution of the company. However, this timeline can extend if there are complex asset sales, legal disputes, or if investigations into director conduct are required. Your liquidator will provide a realistic timeline after assessing your specific case.
Will I be able to keep my job as a director during liquidation?
Once a company enters liquidation, your role as director ceases immediately, and the liquidator takes over control. However, you may be able to continue working for the company if the liquidator retains you as an employee to assist with asset realisation or winding down operations. This is often done on a short-term basis, but it is not guaranteed and depends on the needs of the liquidation.
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.