Creditors’ or Members’ Voluntary Liquidation?
The right liquidation option for your company will depend on its financial health and whether it is solvent or insolvent.
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What does it mean to be insolvent?
Insolvency can happen at any point in a company’s lifetime which is why it is important to ensure you are always fully aware of the state of its current financial health.
How much does an MVL cost?
The Liquidation Centre will provide a breakdown of MVL costs when discussing your situation. It’s important to us that the process is simple and our conversations are transparent.
The role of Directors during Insolvent Liquidation
Once insolvent you will need to consider closing down your company in a professional and structured manner with a Creditors Voluntary Liquidation (CVL).
How much does a CVL cost?
Closing your company through a CVL can provide peace of mind. However, it is understandable that you may be concerned about the fees involved.
What is the role of an Insolvency Practitioner?
Financial distress can be overwhelming. The role of an Insolvency Practitioner is to assess your situation and provide guidance on the next steps.