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
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
GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More
C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
MJF ACCOUNTANCY LIMITED
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
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
Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.
PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...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
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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
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
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...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
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
.png)
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
Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...See More
Frequently asked questions
What is the role of a company liquidator in Ormskirk?
A company liquidator in Ormskirk is a licensed insolvency practitioner who manages the winding-up of a company's affairs. Their role includes realizing company assets, settling outstanding debts with creditors in the correct legal order, investigating the company's financial history, and ensuring all statutory requirements under the Insolvency Act 1986 are met. They also handle employee redundancies and final accounts, providing a structured and legal closure for the business.
How much does company liquidation cost in Ormskirk?
The cost of liquidation in Ormskirk varies based on the complexity of the case, the size of the company, and the type of liquidation (CVL or MVL). Typically, fees range from £1,500 to £5,000 plus VAT for a straightforward CVL, but we offer fixed-fee arrangements after an initial free assessment. Our fees are paid from company assets, not out of your pocket, and we always provide a transparent quote before any work begins.
Can I continue trading if I appoint a liquidator?
No. Once a liquidator is formally appointed, their control over the company ceases, and trading must stop immediately. The liquidator takes over the management of the company to protect assets and prevent further creditor losses. However, before appointment, we can advise on alternative solutions like administration, which allows the company to continue trading under the protection of a moratorium while restructuring.
What is the difference between CVL and MVL in Ormskirk?
A Creditors' Voluntary Liquidation (CVL) is used for insolvent companies where liabilities exceed assets, and it is initiated by the directors. A Members' Voluntary Liquidation (MVL) is for solvent companies, typically used to wind up a business that has achieved its purpose or for tax-efficient capital extraction. In an MVL, the directors must swear a statutory declaration of solvency, and creditors are paid in full before any distribution to shareholders.
Will I be personally liable for company debts after liquidation?
In most cases, no. Limited liability protects directors from personal responsibility for company debts, provided they have not acted wrongfully or fraudulently. However, if you have given personal guarantees to lenders or suppliers, those guarantees can be enforced against you. The liquidator will investigate for any evidence of wrongful trading, misfeasance, or breach of fiduciary duty, which could lead to personal liability or disqualification.
How long does the liquidation process take in Ormskirk?
A typical Creditors' Voluntary Liquidation in Ormskirk takes between 6 to 12 months to complete, depending on the complexity of asset realization and creditor claims. Simple cases with minimal assets can be concluded in as little as 3 months. Members' Voluntary Liquidations often take slightly longer due to tax clearance procedures with HMRC, usually around 6 to 9 months. We provide a timeline estimate after your initial consultation.
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.