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
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
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
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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
Matrix Accountancy Services
"Offering a friendly and professional service, I provide ongoing advice and support for every stage of your business journey. As an AAT Licensed Acc...See More
Matrix Accountancy Services Limited
Will Farmer FMAAT, AAT Licensed Accountant and Director of Matrix Accountancy Services Limited Hi I'm Will, In 2012 I...
Pharmatax
Pharmatax is a leading specialist in pharmacy accounting, offering tailored services that go beyond traditional bookkeeping. O...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
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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
HHR ACCOUNTANCY LTD
Accounting & Bookkeeping Solutions
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
Capital Accountancy - Accountants & Tax Advisors
WE at CAPITAL ACCOUNTANCY specialises in helping small-to-medium sized businesses, sole traders, contractors and landlords. We make sure you pay the r...See More
Naseems Accountants
Established in 1978, Naseems Accountants is a small but growing business with our clients doubled over the last decade. We honor ourselves in ou...See More
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Raven Solution
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AMSTOR ACCOUNTANTS LIMITED
Amstor Accountants Limited T/A Premier Accountants, Auditors and Tax Advisers want to help you pay less tax and keep more of the profit your business ...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
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
Bird & Co was formed by local Yaxley accountant Pete Bird and we now serve not only clients in the Yaxley and Peterborough area, but more widespread a...See More
Virtue Accountants Ltd
Frequently asked questions
What is the role of a company liquidator in Wigston?
A company liquidator in Wigston is a licensed insolvency practitioner who manages the formal closure of an insolvent company. Their role includes selling company assets, agreeing claims with creditors, investigating the company's affairs, and distributing any available funds to creditors in the correct legal order. They also ensure that all statutory requirements are met and that directors' conduct is reviewed.
How much does a company liquidation cost in Wigston?
The cost of a company liquidation in Wigston varies depending on the complexity of the case, the size of the company, and the number of assets and creditors. Most licensed insolvency practitioners offer a fixed fee for a standard creditors voluntary liquidation (CVL), which can range from £4,000 to £8,000 plus VAT and disbursements. We provide a free, no-obligation quote before you commit to any action.
Can a company liquidator help if my company has no assets?
Yes, a company liquidator can still help if your company has no assets. In such cases, a creditors voluntary liquidation (CVL) can still be initiated, but the costs of liquidation may need to be covered by the directors personally or through an alternative funding arrangement. Alternatively, we may recommend a strike-off procedure if the company is not insolvent, or a declaration of solvency if it is solvent.
What is the difference between a creditors voluntary liquidation and a compulsory liquidation?
A creditors voluntary liquidation (CVL) is initiated by the company's directors and shareholders when they realise the company cannot pay its debts. It is a voluntary process that gives directors more control over the appointment of the liquidator. A compulsory liquidation is a court-ordered process, usually initiated by a creditor through a winding-up petition, which forces the company into liquidation. CVL is generally less stressful and more cost-effective.
Will I lose my personal assets if my company goes into liquidation?
If you have acted in accordance with your statutory duties as a director and have not given personal guarantees for company debts, your personal assets are generally protected in a limited company liquidation. However, if you have given personal guarantees or if there is evidence of wrongful trading, fraudulent activity, or misfeasance, you could be held personally liable. Our liquidators will assess your situation and advise you on your exposure.
How long does a company liquidation take in Wigston?
The length of a company liquidation process in Wigston typically takes between 6 to 12 months from the date the liquidator is appointed. The exact duration depends on the complexity of the company's affairs, the time needed to sell assets, and the resolution of any creditor claims or disputes. Our team works efficiently to complete the process as quickly as possible while ensuring full compliance with insolvency law.
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