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
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
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...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
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
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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
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
Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...See More
Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More
MGM & CO. Chartered Certified Accountants
If you are looking for professional accountants offering a full range of accountancy and tax services to clients from across the UK, you have come to ...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
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
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
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
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
Accounting 4 Ltd
Registered practice offering accountancy services from Bookkeeping, Payroll, Vat, Self Assessment, Small Limited Company accounts etc Qualified to AAT...See More
Frequently asked questions
What is the role of a company liquidator in Rochdale?
A company liquidator in Rochdale is a licensed insolvency practitioner who manages the closure of a company that is insolvent or has ceased trading. Their role involves realising the company's assets, distributing funds to creditors in the correct statutory order, investigating the directors' conduct, and ensuring all legal requirements are met. They also handle employee claims and communicate with stakeholders throughout the process.
How much does company liquidation cost in Rochdale?
The cost of company liquidation in Rochdale varies depending on the complexity of the case, the size of the company, and the number of creditors. Most reputable liquidators, including our firm, offer no upfront fees and take their fees from the company's assets as they are realised. For a solvent liquidation, fees may be fixed or based on time, but we always provide a clear written quotation before any work begins.
How long does a company liquidation take in Rochdale?
A Creditors' Voluntary Liquidation (CVL) typically takes between six and eight weeks from the initial meeting to the final distribution of funds. However, this can extend if there are complex asset sales, legal disputes, or investigations. Compulsory liquidation, which is court-ordered, may take longer. We aim to complete most straightforward cases within two to three months.
Can I continue trading after appointing a liquidator in Rochdale?
No, once a liquidator is appointed for an insolvent company, they take control of the company's affairs, and the directors' powers cease. However, in a pre-pack administration, the business may be sold as a going concern, allowing continuity of trading under new ownership. For solvent liquidation, the company must stop trading once the winding-up resolution is passed.
What is the difference between a CVL and a compulsory liquidation?
A Creditors' Voluntary Liquidation (CVL) is initiated by the directors and shareholders of an insolvent company, who pass a resolution to wind up voluntarily. A compulsory liquidation is a court order obtained by a creditor (or sometimes a director) when the company cannot pay its debts. CVL is usually faster and gives directors more control, while compulsory liquidation involves court proceedings and potential penalties for misconduct.
What are the legal duties of directors during liquidation in Rochdale?
Directors must cooperate fully with the liquidator, provide all company records and accounts, and disclose any assets or transactions. They must not dispose of assets or prefer certain creditors over others. Directors also have a duty to avoid wrongful trading, which means they must not continue trading if they know the company cannot avoid insolvency. Failure to comply can lead to personal liability, disqualification, or even criminal prosecution.
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