Members’ Voluntary Liquidation (MVL) is a formal process that winds-up a solvent company, consequently freeing up funds and realising its assets. Unlike with other forms of liquidation, such as Creditors’ Voluntary Liquidation and Compulsory Liquidation, it is a voluntary process that is only available to companies that are solvent. There are many reasons a director…
Read MoreA Members’ Voluntary Liquidation (MVL) takes place when a solvent company closes. Its assets are realised and its funds are distributed amongst shareholders in a tax-efficient manner. There are many factors to take into consideration if you are considering an MVL. In this guide Clarke Bell outlines what a Members’ Voluntary Liquidation involves. How you…
Read MoreAny company that is solvent can apply for a Members’ Voluntary Liquidation. This is a formal process that will wind-up a company and bring it to a close. There are many reasons a company director may choose to close their company through a Members’ Voluntary Liquidation, whether they are retiring, moving abroad or merely looking…
Read MoreVoluntary Liquidation occurs when the company directors and shareholders decide to place the business into liquidation. This is a self-imposed, voluntary process unlike a Compulsory Liquidation in which the company is forced to close. A Voluntary Liquidation means the company must cease to trade and its operations come to an end. As a result, the…
Read MoreA Members’ Voluntary Liquidation (MVL) is a formal process that winds-up a company, meaning its operations will end and it will cease to trade. Unlike other forms of liquidation, an MVL is completely voluntary and available only to those companies that are solvent and sustainable. There are many reasons a company may choose to close…
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Toyah and Nicholas were brilliant in sorting the MVL out for one of my clients. They kept me updated all the way through the process, and the client was delighted with how easily it all went through. I have since referred another case to Clarke Bell – it is very reassuring to know that we are in such safe hands. Many thanks. Martyn
Martyn Thacker
Clarke Bell Ltd were excellent with every aspect of our Members Voluntary Liquidation and in particular they were great value for money. Our contact, Nicholas was extremely professional, most thorough and reached all deadlines to our total satisfaction.
Steve Dawson
Clarke Bell were very good to deal with during the closure of a business I worked for. Although the closure of the business was complicated and slow, Clarke Bell kept me up to date on everything happening and were very helpful. I would highly recommend them.