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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

CloudBook Accountants Ltd
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Tax Returns - London
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LFR Accounting
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Sabre Accountants
Sabre Accountants have built up a fantastic reputation as a trustworthy, affordable & reliable accountancy service. We provide accountancy services a...See More

Pepperhill Associates
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Holdsworth Accountancy
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TI Accountancy Limtied
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MGM & CO. Chartered Certified Accountants
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Agility Bookkeeping
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LLOYDS ACCOUNTANTS LTD
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Accounting 4 Ltd
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NIXON WILLIAMS LIMITED
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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

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.
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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Cheaper Accountant
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GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More
Frequently asked questions
What is the role of a company liquidator in Upon-Tyne?
A company liquidator in Upon-Tyne is a licensed insolvency practitioner who manages the winding-up process of a company. Their role includes realizing company assets, settling creditor claims, investigating the company's affairs, and ensuring legal compliance. They act in the best interests of creditors while guiding directors through the process, ultimately dissolving the company from the Companies House register.
What are the main types of liquidation for companies in Upon-Tyne?
The main types are Creditors Voluntary Liquidation (CVL) for insolvent companies, Members Voluntary Liquidation (MVL) for solvent companies, and Compulsory Liquidation which is ordered by a court. Each process has different requirements and outcomes, so it is essential to seek professional advice to determine the most suitable option for your specific financial situation.
How much does it cost to hire a company liquidator in Upon-Tyne?
The cost of liquidation varies based on the complexity of the company's affairs, asset value, and the number of creditors. Most liquidators in Upon-Tyne offer a fixed fee for straightforward CVLs, which typically ranges from £4,000 to £8,000 plus VAT. However, additional costs may arise for complex cases. We provide transparent quotes and a free initial consultation to outline all potential fees.
Can directors be held personally liable for company debts during liquidation?
Directors can be held personally liable if they have acted wrongfully or fraudulently, such as trading while insolvent without reasonable prospect of recovery, or misusing company funds. However, in standard liquidation procedures, directors are not personally liable for company debts if they have acted in good faith and complied with their legal duties. Our liquidators can help you assess your position and mitigate risks.
What happens to employees when a company goes into liquidation in Upon-Tyne?
When a company enters liquidation, employees are automatically dismissed once the liquidator is appointed. They may be entitled to claim redundancy pay, unpaid wages, holiday pay, and other arrears from the National Insurance Fund (via the Insolvency Service). The liquidator provides employees with the necessary forms and guidance to make these claims, ensuring they receive their statutory entitlements.
How long does the liquidation process take in Upon-Tyne?
A Creditors Voluntary Liquidation typically takes between 6 to 12 months to complete, depending on the complexity of asset realization and creditor claims. Members Voluntary Liquidation can be faster, often 3 to 6 months. Compulsory liquidation may take longer due to court proceedings. Our team works efficiently to conclude the process as quickly as possible while ensuring thorough compliance.
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