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
DOLAN ACCOUNTANCY LIMITED
If our name sounds familiar, don’t be surprised. Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. A...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
BARNES MAYER LIMITED
Barnes Mayer Ltd is an independent, family run business providing accounting and taxation services throughout Maidenhead, Berkshire and Buckinghamshir...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
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
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
Accounting etc. limited
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TAA CONSULTANTS LTD
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Turner Barratt
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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
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
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
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
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
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
John Lavender accounting ltd
John Lavender Accounting Firm is a beacon of precision and expertise in the financial landscape. With a legacy steeped in integrity and excellence, we...See More
Hayes Accountants
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Frequently asked questions
What is the difference between CVL and MVL for a company in Princes Risborough?
A Creditors Voluntary Liquidation (CVL) is used when a company is insolvent and cannot pay its debts. An MVL (Members Voluntary Liquidation) is used when a company is solvent and directors wish to close it, often for tax efficiency. Our liquidators in Princes Risborough will assess your financial position and recommend the correct procedure.
How long does a company liquidation take in Princes Risborough?
A CVL typically takes between 6 to 12 months to complete, depending on the complexity of the company's assets and creditors. An MVL can be concluded in a shorter period, sometimes within 3 to 6 months. Our liquidators provide a timeline after reviewing your specific circumstances.
Can I keep trading while my company is being liquidated?
Once a liquidation order is made, directors lose control of the company. However, before that, you may continue trading to preserve asset value, but you must avoid wrongful trading. Our Princes Risborough liquidators advise on legal trading limits to protect you from personal liability.
What are the costs of hiring a company liquidator in Princes Risborough?
Our fees are typically based on the complexity and size of the company, but we offer fixed-fee packages for straightforward CVLs and MVLs. We provide a transparent quote after an initial free consultation, with no hidden charges. The cost is often recoverable from company assets.
Will I be personally liable for company debts after liquidation?
In most cases, directors are not personally liable for company debts if they have acted lawfully and fulfilled their duties. However, personal liability may arise if there is evidence of wrongful trading, fraudulent activity, or personal guarantees. Our liquidators help you understand your exposure and take steps to minimise risk.
What happens to employees during a company liquidation in Princes Risborough?
Employees are made redundant once liquidation begins. Our liquidators work with the Redundancy Payments Service to ensure employees receive statutory redundancy pay, unpaid wages, holiday pay, and notice pay. We also provide guidance on employee claims and the claims process.
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