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
Agility Bookkeeping
Agility Bookkeeping is a Xero online bookkeeping firm based in the UK having three offices in Glasgow, Stirling, and Edinburgh. Whether you are a new ...See More
Stewart Accounting Services
Stewart Accounting Services, Chartered Accountants, is a CA firm with its main office in Alloa, Clackmannanshire. We also have offices in Falkirk and ...See More
IDEO BUSINESS SERVICES 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.
Breco Accounting Services
Client centered accountant concentrating on helping small businesses and individuals. Friendly Service, Competitive rates. Payroll Services, Vat Retur...See More
TaxKings Tax Made Simple
TaxKings work with owner managed businesses all over the UK. With off...
CloudBook Accountants Ltd
Since we were established in 2013, we have done everything online - from getting a quote to signing off your accounts. It's easier and quicker, so it ...See More
Tax Returns - London
At Cheap Tax Returns, we love to give a personalized touch to the service we provide. As an accountancy firm, we understand small business owners and ...See More
LFR Accounting
Accountancy and taxation services
Sabre Accountants
Sabre Accountants have built up a fantastic reputation as a trustworthy, affordable & reliable accountancy service. We provide accountancy services a...See More
TI Accountancy Limtied
TI Accountancy was established in 2002 by its owner Tracy Irwin, who grew the company organically through her hard work and determination to the Emplo...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
NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...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
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
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
GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...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
Frequently asked questions
What is the difference between a CVL and an MVL in St Andrews?
A Creditors Voluntary Liquidation (CVL) is used when a company is insolvent and cannot pay its debts. It is initiated by the directors and involves a meeting of creditors. A Members Voluntary Liquidation (MVL) is for a solvent company where shareholders decide to close the business, often for retirement or restructuring. In an MVL, a declaration of solvency must be made, and the process is typically more straightforward and tax-efficient.
How much does company liquidation cost in St Andrews?
The cost of liquidation varies depending on the complexity of the company's affairs, the number of assets, and the level of creditor involvement. For a simple CVL, fees typically range from £4,000 to £8,000 plus VAT and disbursements, but we offer fixed-fee options and transparent quotes after a free initial review. MVL costs are often lower because there is no creditor pressure, but we will provide a detailed breakdown before you commit.
Can I still be a director after my company goes into liquidation?
Yes, you can be a director of other companies after liquidation, but you must not act as a director of a company with a similar name to the liquidated company for at least five years, unless you obtain permission from the court. This is known as the 'phoenix' restriction. Our advisors will explain all post-liquidation restrictions and help you structure any new business legally.
What are the legal duties of directors when a company is insolvent in St Andrews?
Directors have a legal duty to act in the best interests of creditors once the company is insolvent. This means you must avoid wrongful trading, which occurs when you continue to trade while knowing the company cannot avoid liquidation. You must also keep accurate financial records, disclose all assets, and cooperate with the liquidator. Failure to do so can lead to personal liability, disqualification, or even criminal prosecution.
Will employees be paid if the company goes into liquidation?
Employees who are made redundant due to liquidation may be entitled to claim certain payments from the National Insurance Fund, including statutory redundancy pay, unpaid wages (up to 8 weeks), holiday pay, and notice pay (subject to caps). The liquidator will assist employees in making these claims and will also handle the termination of contracts and issue of redundancy notices.
How long does the liquidation process take in St Andrews?
A Creditors Voluntary Liquidation typically takes between 6 and 12 months to complete, depending on the complexity of asset realisation and creditor claims. A Members Voluntary Liquidation can be completed in as little as 3 to 6 months if the company is straightforward. The liquidator must file final accounts with Companies House and hold a final meeting of creditors or members before the company is dissolved.
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.