Regardless of the reasons behind your company’s closure a solvent liquidation or members' voluntary liquidation ("MVL") allows you to access the capital that remains on your books. It’s a simple procedure, implemented by an insolvency practitioner, that dissolves the business.
Once your creditors have all been satisfied any remaining assets of the company are sold and a formal Declaration of Solvency is produced. During the latter part of the process it’s vital to have the support and knowledge of a fully licensed Insolvency Practitioner to confirm all accounting and legal matters.
If your liquidity is less that £25,000 we would recommend that you strike off your business from the register at Companies House. Find out more with an appointment to go through all your questions with our team of senior experts.
How it works
Free assessment - in the first instance we always provide our clients with a clear review of the all the potential options during a 1-2 hour consultation session.
Years of insolvency knowledge - access dedicated experience of the legal and accounting expertise necessary to ensure that your members' voluntary liquidation is a smooth and simple process.
Completely confidential - you can be assured that all your details will be protected by our company policy and by the standards set by our industry. Additionally, we can meet you outside of office hours.
Work with one of our directors - all our professional appointments are handled by our company directors, ensuring that you receive the best level of care and attention possible from McTear Williams & Wood.
Dedicated company - unlike many of our competition we are solely concerned with providing a high standard of insolvency services and do not offer these services as an addition to accounting practices.
During a simple one to two hour meeting we’ll be able to talk you through the full implications of a members' voluntary liquidation at our Kettering offices and guide you to our best options for your future and finances.