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Liquidating A Solvent Company

Solvent Company

Once the decision has been made to liquidate a solvent company and 75% of the voting shareholders agree, we will explain the MVL process to you, including how to hold a shareholders’ meeting and the sale of assets and distribution of monies.

At Simple Liquidation, our team will work with you in handling your tax obligations with HMRC and liaise with your accountant.

Liquidating An Insolvent Company

Insolvent Company

Have you been forced into a company insolvency liquidation by a creditor and are not sure of your next step? Don’t worry, we understand and will guide you through the CVL process. At Simple Liquidation, we know it is stressful enough having to deal with debts; we also liaise with your employees helping them understand their rights and assisting them with claiming redundancy.

Our insolvency services are provided by an experienced, capable team and are here to make it simple for you.

What Can Simple Liquidation Do For You?

Looking to close a Limited Company?

Whether you are closing an insolvent business via a Creditors’ Voluntary Liquidation (CVL) or closing a solvent business via a Member’s Voluntary Liquidation (MVL), our experienced team of Licensed Insolvency Practitioners (IPs) are here to help you through the process.

Our team of dedicated experts are here to help you from start to finish. Our goal is to help you get back to where you want to be. We do this by:

Liquidating a Limited Company voluntarily can be a stressful process and there is a specific procedure to follow in accordance with the Insolvency Act 1986. At Simple Liquidation, we completely understand how worrying it can be, particularly if a creditor is trying to force your liquidation through the court. We are here to explain every step in simple terms, so that you completely understand what is happening at every stage of the voluntary liquidation process.

We want to reassure you that our experienced Insolvency Practitioners will always be on hand to help you through and answer any questions you may have. Our honesty and transparency is as important to us as it is to you. Our team has built a wealth of knowledge and experience in handling company liquidations of any size and structure.

Things we take care of for you during the liquidation ...

Liaising with creditors, shareholders and HMRC
Arranging the necessary meetings
Handle the sale of any remaining assets
Explaining the full legal process and preparing the required paperwork to de-register the business.

At Simple Liquidation, we provide a full range of company closure and rescue processes. Whether it is closing a solvent limited company through an MVL, closing a insolvent limited company through a CVL, or exploring rescue procedures such as administration or a CVA, we believe in keeping the whole process as simple and worry-free as possible.

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We are a Regulated Insolvency Practice

Our liquidators are authorised by the Institute of Chartered Accountants in England and Wales and are members of the Insolvency Practitioners Association. We are not an intermediary, broker or sales company.

We look foward to taking away the stress of closing your business