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
Woody's Payroll & Bookkeeping Services
Here at Woody's we have years of experience in providing a dedicated, professional and highly personal service to our clients. We offer a wide range o...See More
Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.
Purnells - Licensed Insolvency Practitioners
As insolvency practitioners we also specialise in interpreting the legislation set out in The Insolvency Act 1986, The Insolvency (England and Wale...
Kings Oak Accountancy
Accountants based in Bristol, Bath & Somerset providing accounting and tax services to small and medium size owner-managed businesses. Our services in...See More
KINGS OAK ACCOUNTANCY (SOMERSET) LTD
We are a small firm of Accountants based in Somerset. Michael is a fellow of the Chartered Institute of Management Accounting with over 30 years expe...See More
Williamslester Brilliant Accounting Services
Our range of services are provided by fully qualified and experienced staff who always monitor, advise and review both new and existing clients. This ...See More
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...
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HUBBLE ACCOUNTANCY LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.
Financial Claims Consultants
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TKI Bookkeeping & Accounts
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SG CONTRACTOR ACCOUNTING LIMITED
SG Accounting was established in 1995 to service the accountancy and taxation needs of professional contractors and freelancers. We are based in Winc...See More
Modus Accountants Limited
Whether you are looking for advice, inspiration, accountancy services or all three, our integrated services will provide as much or as little su...See More
DEAD SIMPLE ACCOUNTING LTD
Dead Simple Accounting is an expert accounting firm based in Reading, Berkshire. We’ve been supporting the local business community in Reading with a ...See More
Turner Barratt
At Turner Barratt we believe that we have something unique to offer. Just Corporate Finance Turner Barratt are Chartered Accountants who are dedicate...See More
Accounting etc. limited
We are a small firm of Chartered Management Accountants dedicated to providing you with a high quality accountancy service and sound business advice a...See More
QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More
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R Albert Accountancy Ltd
We are an AAT Licensed accountancy practice providing a professional and friendly service. A new accountancy practice offering fantastic one to one s...See More
The Bean Counters Accountants LLP
Established in 2011, The Bean Counters Accountants is a growing accounting firm in Maidenhead which specializes in cloud accounting and bookkeeping, p...See More
Frequently asked questions
What is the role of a company liquidator in Ottery St Mary?
A company liquidator in Ottery St Mary is a licensed insolvency practitioner who manages the winding up of a company's affairs. Their role includes realising assets, settling creditor claims, investigating director conduct, and ensuring the company is formally dissolved. They act in the best interests of creditors while advising directors on their legal duties.
When should directors in Ottery St Mary consider liquidation?
Directors should consider liquidation when the company cannot pay its debts as they fall due, such as receiving statutory demands, winding-up petitions, or when liabilities exceed assets. It is also appropriate for solvent companies that have achieved their purpose or where owners wish to extract retained profits tax-efficiently via MVL.
What is the difference between CVL and MVL for Ottery St Mary businesses?
A Creditors Voluntary Liquidation (CVL) is for insolvent companies, where creditors control the process and may investigate director conduct. A Members Voluntary Liquidation (MVL) is for solvent companies, requiring a declaration of solvency, and is used to close a company while distributing surplus assets to shareholders. Our liquidators will recommend the correct procedure based on your solvency.
Can a liquidator help with director redundancy claims in Ottery St Mary?
Yes, a liquidator can assist directors who are also employees. In a CVL, directors may claim statutory redundancy pay, unpaid wages, holiday pay, and notice pay from the National Insurance Fund. The liquidator will provide the necessary forms and guide you through the process to ensure you receive all entitled payments.
How much do company liquidators charge in Ottery St Mary?
Liquidation fees in Ottery St Mary vary based on the complexity of the case, asset realisation, and creditor involvement. For a CVL, fees are typically paid from company assets, but if assets are insufficient, directors may need to contribute. We provide transparent, fixed-fee quotes before any work begins, ensuring no hidden costs.
What happens to company assets and employees during liquidation?
During liquidation, the liquidator takes control of all company assets, sells them to repay creditors, and distributes proceeds according to legal priority. Employees are made redundant, and they can claim statutory entitlements. The liquidator also handles contracts, leases, and intellectual property, ensuring an orderly closure.
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