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
Modus Accountants Limited
Whether you are looking for advice, inspiration, accountancy services or all three, our integrated services will provide as much or as little su...See More
DEAD SIMPLE ACCOUNTING LTD
Dead Simple Accounting is an expert accounting firm based in Reading, Berkshire. We’ve been supporting the local business community in Reading with a ...See More
Turner Barratt
At Turner Barratt we believe that we have something unique to offer. Just Corporate Finance Turner Barratt are Chartered Accountants who are dedicate...See More
Accounting etc. limited
We are a small firm of Chartered Management Accountants dedicated to providing you with a high quality accountancy service and sound business advice a...See More
The Bean Counters Accountants LLP
Established in 2011, The Bean Counters Accountants is a growing accounting firm in Maidenhead which specializes in cloud accounting and bookkeeping, p...See More
QUENTELA ACCOUNTING LIMITED
Quentela Accounting is a family run accountancy practise based in Wokingham, Berkshire. We are a small business but with an emphasis on BIG commitment...See More
BARNES MAYER LIMITED
Barnes Mayer Ltd is an independent, family run business providing accounting and taxation services throughout Maidenhead, Berkshire and Buckinghamshir...See More
ADD- WORTH ACCOUNTANCY LTD
Helping business owners make sense of their numbers. 30+ years of progressive finance and accounting experience in various industries. Offering expert...See More
DIrect Assist accountants Ltd
Direct Assist accountants Ltd is one of the fastest growing chartered accountants firm serving businesses and individuals from different industries fr...See More
DOLAN ACCOUNTANCY LIMITED
If our name sounds familiar, don’t be surprised. Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. A...See More
SG CONTRACTOR ACCOUNTING LIMITED
SG Accounting was established in 1995 to service the accountancy and taxation needs of professional contractors and freelancers. We are based in Winc...See More
TITUS ACCOUNTS LTD
I know that telling you the truth won’t make me very popular with other accountants. If I'm honest I never liked them much anyway. Chances are (if yo...See More
SJD ACCOUNTANCY LIMITED
SJD Accountancy is the UK’s largest specialist provider of fixed fee, limited company accountancy services to contractors and freelancers; we’ve been ...See More
Numerii Ltd
Informed financial support for your business. We are a small, friendly and highly motivated team who offer a professional and efficient service to our...See More
EXPEDIENT ACCOUNTANCY
Expedient Accountancy Limited provides a wide range of expert accounting services. We are a partnership of 3 Chartered Certified Accountants with more...See More
MINT FORMATIONS LTD
We have over 100 years of combined industry experience, having worked with hundreds of startups and small businesses in every industry imaginable. We ...See More
Hayes Accountants
Hayes Accountancy is your local accountancy service provider & part of the group BNW Accountants & Tax Consultants. We offer high-quality accounting a...See More
Frequently asked questions
What is the role of a company liquidator in Wantage?
A company liquidator in Wantage is a licensed insolvency practitioner who manages the winding up of a company's affairs. Their role includes realising assets, settling creditor claims, investigating the company's financial history, and ensuring legal compliance. They act in the interests of creditors and shareholders, and their duties are governed by the Insolvency Act 1986. In Wantage, we provide local expertise to guide directors through every step of the liquidation process.
How much does company liquidation cost in Wantage?
The cost of company liquidation in Wantage varies depending on the complexity of the case, the size of the company, and the type of liquidation required. For a Creditors Voluntary Liquidation (CVL), typical fees range from £3,000 to £6,000 plus VAT, but this can be higher for larger or more complex companies. We offer free initial consultations and provide a fixed-fee quote before you commit, ensuring transparency and no hidden costs.
What is the difference between CVL and MVL in Wantage?
A Creditors Voluntary Liquidation (CVL) is used for insolvent companies that cannot pay their debts, while a Members Voluntary Liquidation (MVL) is for solvent companies that wish to close voluntarily. In a CVL, the liquidator works to repay creditors from available assets, and the process is initiated by directors. In an MVL, shareholders approve the winding up, and the liquidator distributes surplus assets to shareholders, often with tax advantages. Our Wantage liquidators can advise which route is appropriate for your situation.
Can directors be held personally liable for company debts in Wantage?
In most cases, directors are not personally liable for company debts, as limited liability protects them. However, personal liability can arise if directors have given personal guarantees, traded wrongfully or fraudulently, or misused company funds. A licensed liquidator will investigate the conduct of directors during the liquidation process. If you are concerned about potential liability, seek professional advice from our Wantage team as early as possible to mitigate risks.
How long does the liquidation process take in Wantage?
The duration of a liquidation in Wantage depends on the complexity of the case. A straightforward Creditors Voluntary Liquidation (CVL) typically takes between 6 to 12 months to complete, including the realisation of assets and final distribution to creditors. An MVL may be completed more quickly, often within 3 to 6 months. However, cases involving complex asset sales or legal disputes can take longer. Our liquidators provide regular updates throughout the process.
What happens to employees during a company liquidation in Wantage?
When a company enters liquidation, employees are made redundant from the date of the liquidation order. The liquidator is responsible for ensuring that employees receive their statutory entitlements, including unpaid wages, holiday pay, and redundancy pay. These claims are preferential debts and are paid from company assets or the National Insurance Fund if assets are insufficient. Our Wantage liquidators will guide employees and directors through the redundancy process and help with claims.
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