Are you thinking of closing your Limited Company?
A Creditors’ Voluntary Liquidation (CVL) is a formal insolvency procedure which involves the directors of an insolvent company voluntarily choosing to bring their business to an end. You will typically approach an Insolvency Practitioner to wind up the company’s affairs without any involvement by the court. Fast Liquidation can help you liquidate your company by:
Freeing you from the burden of company debt
Taking full control of your liquidation
Orderly winding up of your company
Providing a caring and responsive approach
Distancing you from company’s creditors
Providing you with an efficient and effective resolution
How to prepare for a Creditors Voluntary Liquidation by UK Liquidators
In order to prepare to liquidate your company as a Creditors Voluntary Liquidation by UK Liquidators the following is required:
- Estimated Statement of Affairs
- Meeting of the Board of Directors to confirm the winding up
- Members Resolution authorising the winding up and appointment of a liquidator
- Creditors Resolution to consider the appointment of the Member’s liquidator
