As the name suggests, voluntary liquidation takes place when a director chooses to close their company and place it into liquidation. Unlike compulsory liquidation, this is a completely voluntary process that is initiated by the director. Voluntary liquidation is a means of closing a company which still has assets and liabilities to be dealt with.…
Read MoreVoluntary liquidation occurs when a company director chooses to wind-up and dissolve their company. Unlike in the case of compulsory liquidation, this is a completely voluntary process initiated by a company director that must be approved by its shareholders. The outcome of voluntary liquidation is that the company ceases to trade, its finances are wrapped…
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 MoreWhen a company can no longer afford to cover its day to day costs or debts, its liabilities outweigh its assets or a creditor has served a formal payment demand that has gone unpaid, it is deemed insolvent. If this is the case for your company, there are several options open to you, from liquidation,…
Read MoreVoluntary liquidation takes place when the directors and shareholders of a company decide to place it into liquidation, contrary to a Compulsory Liquidation where the company is forced to close. This process brings the company’s trading and operations to an end. As a formal insolvency process, voluntary liquidation is required to be carried out by…
Read MoreToyah 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.