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
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
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
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
MJF ACCOUNTANCY LIMITED
PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...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
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 ...
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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
NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...See More
Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.
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
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
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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
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 does a company liquidator in Orrell actually do?
A company liquidator is a licensed insolvency practitioner who takes control of an insolvent company to wind it down. Their role includes selling the company's assets, settling creditor claims in a legal order, investigating the directors' conduct, and finally dissolving the company from the Companies House register. We handle all the paperwork and legal formalities on your behalf.
How much does it cost to liquidate a company in Orrell?
The cost of a Creditors' Voluntary Liquidation (CVL) in typically ranges from £4,000 to £6,000 plus VAT, depending on the complexity of the company's affairs. At Company Liquidators in Orrell, we provide a fixed-fee quote upfront with no hidden charges. The fee is usually paid from the company's assets, not from the directors' personal funds.
What is the difference between a CVL and compulsory liquidation?
A Creditors' Voluntary Liquidation (CVL) is initiated by the directors and shareholders of the company when they realise it cannot pay its debts. Compulsory liquidation is a court order, often forced by a creditor who petitions the court. A CVL gives directors more control over the process and the choice of liquidator, whereas compulsory liquidation is imposed externally.
Can I still trade my company while it is in liquidation?
No. Once a company enters liquidation, the liquidator takes over control and the directors' powers cease. You cannot continue trading or making decisions about company assets. However, the liquidator may continue trading for a short period to sell stock or complete work in progress to maximise returns for creditors, but this is at their discretion.
What happens to employees if my company is liquidated in Orrell?
When a company goes into liquidation, all employees are automatically dismissed from the date of the liquidation order. They may be able to claim redundancy pay, unpaid wages, and holiday pay from the government's Redundancy Payments Service. As the director, you must provide the liquidator with employee details so they can assist with these claims.
Are there any alternatives to liquidation for a struggling company in Orrell?
Yes, there are several alternatives, including a Company Voluntary Arrangement (CVA) which allows you to repay debts over time while continuing to trade, or administration which can give a company breathing space to restructure. We always assess whether a rescue is possible before recommending liquidation, as our goal is to find the best outcome for you and your creditors.
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