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
J C Accounting Ltd
J C Accounting Ltd offer the type of bespoke service that larger Accountants can’t. We specialise in Sole Traders, Partnerships and Small Limited Com...See More
Figures (UK) Accountancy Services
Figures UK takes a different approach to company book keeping and accountancy work – you won’t find us hunched in grey suits between stacks of files. ...See More
.jpg)
Additions Accountancy
Welcome to Additions Accountancy Looking for Grantham Accountants? We are a firm of accountants in Grantham with a strong customer service ethos and ...See More
Virtue Accountants Ltd
LeeP Accountants Registered in England & Wales
Welcome to LeeP Accountants! We are a team of friendly and professional accountants based in Peterborough, Cambridgeshire. We have one key goal ...
Bird & Co
Bird & Co was formed by local Yaxley accountant Pete Bird and we now serve not only clients in the Yaxley and Peterborough area, but more widespread a...See More
SAFEBOOKS4U BOOKKEEPING SERVICES
For all Your Bookkeeping Needs Safebooks4u specializes in a variety of bookkeeping services with outstanding support. We understand how busy you are,...See More
Argents Chartered Accountants
An established firm of chartered accountants based in Norwich, we provide a range of accountancy and business support services to clients throughout t...See More
Msi Accountancy Services
At MSI - Accountants & Bookkeepers - We have a strong network of Accountants, Bookkeepers & Tax Advisors who are very friendly and down to earth and a...See More
Zak Partnership
The Zak Partnership have long recognized the importance of working closely with both our clients and our broader partner supplier community as a whole...See More
.png)
FLEXIE ACCOUNTANTS LTD
Flexie Accountants is a reputable accounting firm, providing accounting, finance and tax services to sole traders, partnership and Limited companies. ...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
HHR ACCOUNTANCY LTD
Accounting & Bookkeeping Solutions
Accounting 4 Ltd
Registered practice offering accountancy services from Bookkeeping, Payroll, Vat, Self Assessment, Small Limited Company accounts etc Qualified to AAT...See More
T.Y.E BOOKKEEPING LTD
For all your bookkeeping needs from self assessments, VAT returns, EC Sales List, general bookkeeping for sole traders or small businesses. I work on ...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
Matrix Accountancy Services
"Offering a friendly and professional service, I provide ongoing advice and support for every stage of your business journey. As an AAT Licensed Acc...See More
Frequently asked questions
What are the signs that my Spilsby company may need liquidation?
Key indicators include consistent cash flow shortages, inability to pay suppliers or HMRC on time, creditor demands or statutory demands, court judgments against the company, and a balance sheet showing liabilities exceeding assets. If you are considering liquidation, it is vital to seek professional advice early to avoid wrongful trading claims and to protect director duties.
What is the difference between a CVL and a compulsory liquidation in Spilsby?
A creditors voluntary liquidation (CVL) is initiated by the directors and shareholders when the company is insolvent but still solvent enough to pass a resolution. It is a voluntary process where a licensed insolvency practitioner is appointed. Compulsory liquidation is a court order, usually petitioned by a creditor, forcing the company into winding up. CVL is often more controlled and cost-effective.
Can a director in Spilsby be personally liable for company debts during liquidation?
Generally, no, because a company is a separate legal entity. However, personal liability can arise if you have given personal guarantees, have been involved in fraudulent or wrongful trading, or have breached director duties. Our liquidators can review your situation to identify potential risks and guide you on how to mitigate them.
How long does the company liquidation process take in Spilsby?
For a straightforward CVL, the process typically takes between 6 and 12 months to complete, depending on the complexity of asset realisation and creditor claims. Compulsory liquidation may take longer due to court procedures. Our team works efficiently to close the company as quickly as possible while ensuring full legal compliance.
What happens to employees of a Spilsby company when it goes into liquidation?
When a company enters liquidation, employees are made redundant immediately. The liquidator becomes responsible for settling employee claims for unpaid wages, holiday pay, and redundancy payments. These claims may be paid from the National Insurance Fund (via the Redundancy Payments Service) if the company lacks sufficient assets. We guide employees through the process.
Can I continue trading after my Spilsby company enters liquidation?
No, once a liquidator is appointed, the directors' powers cease, and the liquidator takes control of the company's affairs. Trading is not permitted unless the liquidator decides it is necessary for the beneficial realisation of assets. If you wish to continue a business, you may consider buying back assets from the liquidator, but this must be done at fair market value.
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.