Our support and services for companies who are considering closing
Members Voluntary Liquidation
There are many reasons shareholders may choose to place the business into a member's voluntary liquidation.
A member’s voluntary liquidation is a great way for the shareholders to clear down any liabilities and extract the value of the company in the most tax-efficient way.
A licensed insolvency practitioner must carry out the task of having all assets valued, to ensure a true figure is obtained.
Having organised accounts and knowing who the business owes money too is essential to the smooth running of the members’ voluntary liquidation. Should creditors come forward and make new claims against the business, it can take the position of the business from solvent to insolvent.
Company Money Worries are here to guide and support your business and whether a Voluntary Liquidation is right for your business.
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