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
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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
Accounting 4 Ltd
Registered practice offering accountancy services from Bookkeeping, Payroll, Vat, Self Assessment, Small Limited Company accounts etc Qualified to AAT...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
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
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
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
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
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
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Holdsworth Accountancy
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HHR ACCOUNTANCY LTD
Accounting & Bookkeeping Solutions
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
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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
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
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
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
Frequently asked questions
What is the role of a company liquidator in Waltham?
A company liquidator in Waltham is a licensed insolvency practitioner who manages the formal closure of an insolvent or solvent company. Their role includes taking control of company assets, investigating the company's affairs, settling creditor claims, distributing any remaining funds to shareholders, and applying for the company's dissolution. They also ensure compliance with all legal requirements under the Insolvency Act 1986, protecting directors from wrongful trading claims where appropriate.
How much does company liquidation cost in Waltham?
The cost of company liquidation in Waltham varies depending on the complexity of the case, the size of the company, and the number of creditors. Typically, a creditors' voluntary liquidation (CVL) costs between £4,000 and £8,000 plus VAT, with fees often covered by the company's assets. For solvent liquidations, fees are usually fixed and quoted in advance. We provide a free, detailed quote after an initial assessment, ensuring no hidden costs.
What is the difference between a CVL and a compulsory liquidation in Waltham?
A Creditors' Voluntary Liquidation (CVL) is initiated by the directors and shareholders of an insolvent company when they decide to close the business voluntarily. It requires a shareholder resolution and a meeting of creditors to approve the liquidator. A compulsory liquidation is a court-ordered process, usually initiated by a creditor who petitions the court to wind up the company. CVL is generally faster and gives directors more control, whereas compulsory liquidation is involuntary and often results in a more formal investigation.
Can a company liquidator in Waltham help with employee redundancy claims?
Yes, a company liquidator in Waltham will handle all employee-related matters during liquidation. This includes issuing statutory redundancy notices, calculating redundancy pay, holiday pay, and arrears of wages, and guiding employees on how to claim these amounts from the National Insurance Fund (via the Redundancy Payments Service). The liquidator also ensures that employees are correctly classified as preferential creditors for certain unpaid wages.
How long does the liquidation process take in Waltham?
The length of a liquidation in Waltham depends on the complexity of the company's affairs. A straightforward creditors' voluntary liquidation can take between 6 and 12 months to complete, but more complex cases involving asset realisation or litigation may extend to several years. The liquidator must file a final report to creditors and Companies House before the company is formally dissolved. We provide a realistic timeline during your initial consultation.
What are the legal duties of a director during liquidation in Waltham?
Directors have a legal duty to act in the best interests of creditors once the company becomes insolvent. During liquidation, directors must cooperate fully with the liquidator, provide all company records and accounts, and disclose any transactions that may be considered wrongful trading or preferences. Failure to comply can result in personal liability, disqualification, or even criminal prosecution. Our Waltham liquidators guide directors through these duties to ensure full compliance.
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