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
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
C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
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
Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.
GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...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
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
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
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
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
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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
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
J. Jervis Accounting Services LTD
THE FINANCIAL MANAGEMENT CENTRE UK LTD
Online firm
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
Frequently asked questions
What are the main types of company liquidation in Runcorn?
The main types are Creditors Voluntary Liquidation (CVL) for insolvent companies, Members Voluntary Liquidation (MVL) for solvent companies, and compulsory liquidation which is ordered by a court following a winding-up petition. Each has different processes, costs, and implications for directors and shareholders.
How much does a company liquidation cost in Runcorn?
Costs vary based on company complexity, asset value, and creditor numbers. For a typical CVL, fees range from £3,000 to £7,000 plus VAT and disbursements. We offer fixed-fee packages with no hidden extras, and we provide a detailed quote after an initial free consultation.
Can a company trade after liquidation has started?
Once liquidation begins, directors lose control, and the liquidator takes over. Trading is generally not permitted except in limited circumstances where the liquidator continues to sell stock or complete contracts to maximise asset value. Directors must cease trading immediately upon appointing a liquidator.
What is the role of a liquidator regarding company assets?
The liquidator is responsible for identifying, protecting, and realising all company assets, including property, equipment, stock, and outstanding debts. They distribute the proceeds to creditors in the legal order of priority, and they also investigate director conduct and report to creditors and the Insolvency Service as required.
What happens to employees when a company goes into liquidation?
Employees are automatically made redundant once a liquidator is appointed. They may claim statutory redundancy pay, unpaid wages, holiday pay, and notice pay from the National Insurance Fund via the Redundancy Payments Service. The liquidator provides necessary documentation and guidance to help employees submit their claims.
Can I liquidate a company with no assets or money?
Yes, but you need to consider funding. If the company has no assets, creditors may agree to a liquidation, but you may need to pay a deposit or obtain a director's loan to cover costs. In some cases, an alternative like a striking-off or a company voluntary arrangement might be more suitable, and we can advise on the best route.
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