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
LLOYDS ACCOUNTANTS LTD
We offer accounts, taxation and business advisory and support services to a wide range of businesses and individuals, nationwide. We continue to build...See More
Pepperhill Associates
Xero Certified Adviser - Remote service taking care of all your bookkeeping needs. Providing a professional, confidential, flexible and reliable bookk...See More
GE ACCOUNTANCY LTD
Specialist Motor Trade Accountant with over 20 years. Accountancy & Book Keeping Services offered including VAT Preparation & Submission, Self Assessm...See More
Harris Rosenberg Chartered Accountants
We help small-scale and early-stage businesses get to where ...
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Holden Associates
Holden Associates are a family run business founded in 2002, we are located at V12, Merlin Park, a modern purpose-built office in Burscough, Lancashir...See More
PAYLESS ACCOUNTING & OUTSOURCING LIMITED
We provide businesses with greater flexi...See More
NIXON WILLIAMS LIMITED
Nixon Williams has been providing specialist accountancy services to contractors, freelancers, consultants and interim professionals throughout the UK...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
C & B Accounting Solutions Ltd
All aspects of bookkeeping, payroll & accounting undertaken
GORILLA ACCOUNTING LIMITED
orilla Accounting was born after a group of specialist accountants with decades of experience amongst them, decided that accounting shouldn’t be a lab...See More
Cheaper Accountant
We're the UK's leading low cost accountants. Simple & affordable fees with Company Accounts & Co. Tax Retu...See More
Athena Bookkeeping Services
Athena Accounting and Bookkeeping Services. ?Let us take good care of your finances giving you more time to focus on the day to day running of your bu...See More
Holdsworth Accountancy
We are a team of experienced, qualified accountants and bookkeepers providing professional services to individuals and businesses within Bradford and ...See More
BROOKSON LIMITED
Why Brookson? There are plenty of reasons. We’re specialists at dealing with self-employed finances, and have been doing this for over 20 years, so we...See More
Sambhav Management Limited
Since 2012, we’ve offered clients the tools, resources and guidance necessary for all their accounting needs. Clients receive the personalized attenti...See More
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Norbury Bookkeeping Services
We offer a complete bookkeeping and computerized payroll service throughout Cheshire and South Manchester and are able to offer support for all financ...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
MJF ACCOUNTANCY LIMITED
Frequently asked questions
What is the role of a company liquidator in York?
A company liquidator in York is a licensed insolvency practitioner who manages the process of winding up a company. Their role includes realising company assets, settling creditor claims, investigating the company's affairs, and ensuring legal compliance. They act in the best interests of creditors and shareholders, while also providing guidance to directors on their duties and potential personal liability.
How much does company liquidation cost in York?
The cost of liquidation in York 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), fees typically range from £3,000 to £6,000 plus VAT, but this can be higher for larger or more complex insolvencies. Members Voluntary Liquidation (MVL) for solvent companies often costs between £1,500 and £3,000. We provide transparent quotes after an initial free assessment.
What is the difference between CVL and MVL in York?
A Creditors Voluntary Liquidation (CVL) is used when a company is insolvent and cannot pay its debts, initiated by directors to avoid compulsory winding up. A Members Voluntary Liquidation (MVL) is for solvent companies where directors and shareholders decide to close the business, often for tax efficiency. In an MVL, a declaration of solvency is required, and creditors are paid in full before the company is dissolved.
Can directors be held personally liable during liquidation in York?
Directors can be held personally liable if they have acted fraudulently, traded wrongfully, or misused company funds. However, in a properly conducted liquidation, directors who cooperate with the liquidator and act in good faith are typically not personally liable. Our York liquidators help directors understand their duties and protect them from potential claims by ensuring compliance with insolvency law.
How long does the liquidation process take in York?
The length of liquidation in York depends on the type and complexity. A CVL usually takes between 6 to 12 months to complete, while an MVL can be faster, often around 3 to 6 months. Compulsory liquidation may take longer due to court procedures. The liquidator must finalise asset sales, settle claims, and file final accounts with Companies House before dissolution.
What happens to employees when a company goes into liquidation in York?
When a company goes into liquidation, employees are automatically made redundant from the date of liquidation. The liquidator is responsible for ensuring employees receive their statutory entitlements, including unpaid wages, holiday pay, and redundancy pay. Claims can be made to the Redundancy Payments Service for funds, and the liquidator will guide employees through the process.
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