
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

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

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

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

Hayes Accountants
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City Tax London
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Tax Cruncher
Tax Cruncher is an online accounting &Tax consulting firm serving clients nationwide. Our aim is to help SMEs to grow their business by crunching thei...See More

Marden & Co Accountants Ltd
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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

Financial Partnership London
The Financial Partnership LLP, London, is a young, dynamic and innovative firm of Accountants & Business Advisors who can help improve the performance...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

Central London Accountants
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Cheap - Accountants
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London Accountants
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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

Taxeasy Ltd
TaxEasy Ltd is an experienced and proactive firm of certified accountants and bookkeepers offering high quality accounting services to clients through...See More

" Accountify – Chartered Certified Accountants"
A firm of Chartered Certified Accountants based in London and Portsmouth. Accountify is an established brand in Accounting and Tax, serving its client...See More

Fitzgeralds Accountants Limited
We are a well established firm of accountants and tax advisors based in South West London, dealing with small businesses and high net worth individual...See More

APRC Accountants
We are a forward thinking firm of Chartered, Certified Public Accountants & Tax Advisers and Chartered Payroll Professionals established in 2005 in th...See More

Yourtaxhelp
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Frequently asked questions
What is the difference between a CVL and an MVL for company liquidation in Woking?
A Creditors Voluntary Liquidation (CVL) is used for insolvent companies where debts cannot be paid, and it involves a meeting of creditors to approve the liquidation. A Members Voluntary Liquidation (MVL) is for solvent companies that can pay all debts within 12 months, often used for tax-efficient distribution of retained profits. Our liquidators in Woking will assess your solvency and recommend the correct procedure.
How much does a company liquidator in Woking charge?
Fees vary based on company size, asset complexity, and creditor numbers. For a typical CVL, fees may range from £3,000 to £7,000 plus VAT, often paid from company assets. We provide fixed-fee quotes before you commit, and for solvent MVLs, fees are usually based on the time and complexity involved. Always ask for a written breakdown.
Can directors be held personally liable for company debts during liquidation in Woking?
Directors are generally not personally liable for company debts if they have acted within the law. However, liability can arise for wrongful trading, fraudulent trading, or if personal guarantees were given. Our liquidators investigate director conduct and will advise you on potential risks early, helping you avoid claims from the official receiver or liquidator.
How long does a company liquidation take in Woking?
A CVL typically completes in 6 to 12 months, depending on asset realisation and creditor claims. An MVL can be faster, often concluding within 3 to 6 months after the final meeting. The liquidator's role includes distributing funds and dissolving the company, which takes time to comply with statutory requirements.
What happens to employees when a company enters liquidation in Woking?
Employees are automatically made redundant upon liquidation. The liquidator becomes responsible for their statutory entitlements, including unpaid wages, holiday pay, and redundancy pay, which may be claimed from the National Insurance Fund. We guide you through the process and ensure employees receive the correct forms and information.
Can I continue trading after appointing a liquidator in Woking?
No, once a liquidator is appointed, directors lose their powers, and trading must cease unless the liquidator specifically allows it to complete work-in-progress or preserve asset value. Continuing to trade after liquidation is illegal and could lead to personal liability. We advise on the correct timing for cessation before appointment.
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