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
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
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
J. Jervis Accounting Services LTD
THE FINANCIAL MANAGEMENT CENTRE UK LTD
Online firm
Oakes Accounting
Oakes Accounting specializes in providing tailor made accounting services, including bookkeeping, VAT and self assessment to small businesses.
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
C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
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
PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...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
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
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...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
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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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
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 role of a company liquidator in Tiverton?
A company liquidator in Tiverton is a licensed insolvency practitioner who takes control of a company that is being wound up. Their role includes realising assets, settling creditor claims, investigating the company's affairs, and ensuring that statutory duties are fulfilled. They also report to creditors and shareholders and ultimately apply for the company's dissolution.
How much does it cost to appoint a liquidator in Tiverton?
The cost of liquidation in Tiverton varies depending on the complexity of the case and the type of liquidation (CVL or MVL). For insolvent companies, the liquidator's fees are typically paid from the company's assets. We offer fixed fees for solvent liquidations (MVL) and provide a free consultation to give you an accurate quote before any commitment.
What is the difference between CVL and MVL?
A Creditors Voluntary Liquidation (CVL) is used when a company is insolvent and cannot pay its debts. A Members Voluntary Liquidation (MVL) is used for a solvent company where directors want to close the business and distribute remaining assets. In an MVL, a statutory declaration of solvency is required, and the process is generally more straightforward.
Can a liquidator be appointed without a court order?
Yes, in most cases. For a CVL, shareholders pass a resolution to wind up the company, and then creditors approve the liquidator's appointment. For an MVL, shareholders appoint the liquidator directly. Court involvement is only necessary in rare situations, such as a compulsory winding-up petition.
What happens to company directors after liquidation?
Directors' duties do not end with liquidation. They must cooperate with the liquidator and provide all necessary records. If directors have acted honestly and fulfilled their responsibilities, they will not face personal liability. However, if there is evidence of wrongful trading or misconduct, the liquidator may take legal action against them.
How long does the liquidation process take in Tiverton?
The duration of a liquidation depends on the complexity of the case. A simple MVL can be completed in as little as 6 to 9 months, while a CVL may take longer, especially if there are complex assets or disputes. The liquidator will provide a timeline based on your specific circumstances during the initial consultation.
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