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
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
Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...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
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
Mind Your Assets Accounts
Mind Your Assets Accounts is based in Sheffield, South Yorkshire, with offices also in Manchester and London. We have over 20 years accountancy expe...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
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
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
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
Frequently asked questions
What is a company liquidator and why would I need one in Shipley?
A company liquidator is a licensed insolvency practitioner who manages the closure of a company. You need one in Shipley if your company is insolvent (unable to pay debts) or if you are closing a solvent company. They handle selling assets, paying creditors, and dissolving the company legally. They also ensure directors follow legal duties and avoid personal liability.
What is the difference between Creditors Voluntary Liquidation (CVL) and Members Voluntary Liquidation (MVL)?
CVL is used for insolvent companies where directors initiate the process to avoid compulsory liquidation. It protects the company from creditor action and allows an orderly wind-down. MVL is for solvent companies, where shareholders decide to close the business. In MVL, assets are distributed to shareholders after all debts are paid, often with tax advantages.
How much does it cost to appoint a company liquidator in Shipley?
The cost varies based on the complexity of the liquidation, the number of assets, and the level of creditor involvement. For a standard CVL, fees typically range from £3,000 to £7,000 plus VAT, often paid from company assets. We offer fixed-fee quotes with no hidden charges. For MVL, fees are similar but may be lower for simple cases. Always request a detailed quote before proceeding.
Can a company liquidator help with director personal guarantees?
Yes, we can provide advice on personal guarantees. If you have signed a personal guarantee for a business loan or lease, the liquidator will negotiate with the creditor on your behalf. However, a liquidator cannot cancel a personal guarantee. You may need to negotiate a settlement or payment plan separately. We can refer you to legal advisors if necessary.
What happens to employees during a company liquidation in Shipley?
When a company enters liquidation, employees are automatically made redundant. The liquidator will handle the redundancy process, including issuing notice and calculating statutory redundancy pay, notice pay, and holiday pay. Employees may claim these amounts from the National Insurance Fund if the company cannot pay. The liquidator will provide the necessary documentation for claims.
How long does a company liquidation take in Shipley?
The duration depends on the complexity. A straightforward CVL can be completed in 6 to 12 months, including the final meeting of creditors and dissolution. MVL may take longer if there are complex asset sales or tax issues. The liquidator must also file final accounts with Companies House. We provide a timeline at the start and keep you updated throughout.
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