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
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
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
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
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
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
TITUS ACCOUNTS LTD
I know that telling you the truth won’t make me very popular with other accountants. If I'm honest I never liked them much anyway. Chances are (if yo...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
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
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
City Tax London
City Tax London provides unparalleled personalized accounting services and th...
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
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
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
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
MAKESWORTH LIMITED
Makesworth
Accountants is an award-winning accountancy practice of Chartered
Certified Accountants tax and business advisors. We a...
See More
Frequently asked questions
What is the role of a company liquidator in Reading?
A company liquidator in Reading is a licensed insolvency practitioner who takes control of a company that is being closed down. Their primary role is to realise the company's assets, settle outstanding debts with creditors in the correct statutory order, and distribute any remaining funds to shareholders. They also investigate the directors' conduct and ensure the company is formally dissolved, all while complying with the Insolvency Act 1986.
When should a company consider liquidation in Reading?
A company in Reading should consider liquidation when it is insolvent (unable to pay its debts as they fall due) and there is no realistic prospect of recovery. This could be due to cash flow problems, a significant loss of a key client, or mounting creditor pressure. Directors have a legal duty to act in the best interests of creditors once insolvency is apparent, so seeking professional advice early is crucial to avoid personal liability.
What is the difference between a creditors' voluntary liquidation (CVL) and a members' voluntary liquidation (MVL)?
A CVL is used when a company is insolvent and cannot pay its debts. The directors call a meeting of shareholders to pass a resolution to wind up the company, and then a meeting of creditors is held to confirm the appointment of a liquidator. An MVL is used when a company is solvent but its directors or shareholders wish to close it down, often for tax efficiency. In an MVL, shareholders appoint the liquidator, and creditors are paid in full.
How much does a company liquidator in Reading cost?
The cost of a company liquidation in Reading varies depending on the complexity of the case, the size of the company, and the number of assets and creditors. Typically, fees are based on an hourly rate or a fixed fee agreed in advance. For a CVL, the liquidator's fees are paid from the company's assets, but if there are insufficient assets, directors may need to fund the process personally. Always request a clear, written quote before proceeding.
Can a director be held personally liable for company debts in Reading?
Yes, directors can be held personally liable for company debts in Reading if they have acted wrongfully, such as continuing to trade while insolvent (wrongful trading), or if they have breached their fiduciary duties, such as misusing company funds. A liquidator will investigate the directors' conduct and may pursue claims against them to recover money for creditors. Seeking early advice from a licensed insolvency practitioner can help mitigate these risks.
How long does the liquidation process take in Reading?
The length of a liquidation process in Reading varies. A simple creditors' voluntary liquidation (CVL) can take between 6 to 12 months to complete, depending on the complexity of asset realisation and creditor claims. A members' voluntary liquidation (MVL) is often quicker, sometimes concluding in 3 to 6 months. However, if there are complex investigations or legal disputes, the process can take longer.
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.