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
Woody's Payroll & Bookkeeping Services
Here at Woody's we have years of experience in providing a dedicated, professional and highly personal service to our clients. We offer a wide range o...See More
Bell Stanley Accountants
Welcome to Bell Stanley Accountants page.
Purnells - Licensed Insolvency Practitioners
As insolvency practitioners we also specialise in interpreting the legislation set out in The Insolvency Act 1986, The Insolvency (England and Wale...
Kings Oak Accountancy
Accountants based in Bristol, Bath & Somerset providing accounting and tax services to small and medium size owner-managed businesses. Our services in...See More
KINGS OAK ACCOUNTANCY (SOMERSET) LTD
We are a small firm of Accountants based in Somerset. Michael is a fellow of the Chartered Institute of Management Accounting with over 30 years expe...See More
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Williamslester Brilliant Accounting Services
Our range of services are provided by fully qualified and experienced staff who always monitor, advise and review both new and existing clients. This ...See More
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MARLIS BOOKKEEPING & ACCOUNTANCY
The team comprises of Marion and Lisa, a mother and daughter combination, who offe...
Financial Claims Consultants
Financial Claims Consultants offer No Win No Fee Pension Claims – we help clients&...
HUBBLE ACCOUNTANCY LTD
This listing was generated using publicly available data to enhance visibility for businesses. If this is your business, claim your profile to update details.
TKI Bookkeeping & Accounts
Hello and welcome to my site, I am qualified by the The Institute of Certified Bookkeepers and have attained highest level qualification, Level 4 Dipl...See More
SG CONTRACTOR ACCOUNTING LIMITED
SG Accounting was established in 1995 to service the accountancy and taxation needs of professional contractors and freelancers. We are based in Winc...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
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
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
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
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R Albert Accountancy Ltd
We are an AAT Licensed accountancy practice providing a professional and friendly service. A new accountancy practice offering fantastic one to one s...See More
Frequently asked questions
What is the role of a company liquidator in Sidmouth?
A licensed liquidator in Sidmouth is appointed to wind up a company's affairs. Their role includes realising assets, settling creditor claims, investigating the directors' conduct, and ensuring legal compliance. They act in the interests of creditors while helping directors avoid personal liability where possible.
How much does a Creditors Voluntary Liquidation (CVL) cost in Sidmouth?
The cost of a CVL in Sidmouth varies based on the complexity of the case and the number of creditors. Typically, fees range from £3,000 to £7,000 plus VAT, but we offer fixed-fee arrangements after a free initial assessment. This fee is paid from company assets, not from directors' personal funds.
Can I keep trading if my company is insolvent?
If your company is insolvent, continuing to trade can lead to wrongful trading claims against directors personally. You must seek professional advice immediately. A liquidator can help you assess the situation and, if necessary, place the company into a formal insolvency procedure to stop further losses.
What is the difference between a CVL and an MVL?
A CVL is used for insolvent companies where debts cannot be paid. An MVL is for solvent companies that wish to close, often for tax efficiency. In an MVL, directors must swear a statutory declaration of solvency, and the process distributes surplus assets to shareholders.
Will I be personally liable for company debts after liquidation?
Generally, directors are not personally liable for company debts if they have acted properly and not given personal guarantees. However, if you have traded wrongfully, misused funds, or been negligent, you may face personal liability or disqualification. Our liquidators help you minimise these risks.
How long does a company liquidation take in Sidmouth?
A straightforward CVL typically takes 6 to 12 months to conclude, depending on asset realisation and creditor responses. An MVL can be faster, often completed within 3 to 6 months. Complex cases with litigation or missing records may take longer, but we keep you informed throughout.
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