Common questions about Members Voluntary Liquidation’s (MVL’s).
Applying
for a MVL
Is a MVL right for me?
What does being solvent mean?
Being solvent, for the purposes of an MVL, means the company is able to repay all its debts within 12 months.
Find out if you are insolvent here
How much will a MVL cost?
We have a fixed MVL cost of £1,495 + VAT and disbursements. As long as you fulfil the terms and conditions, you obtain our MVL cost. Contact us for a more detailed quote on the cost of your disbursements.
How do my assets get realised?
How long does it take to carry out the MVL?
I have carried out an MVL before, can I do it again?
When there are multiple Directors in my company?
Why enter into an MVL, instead of striking my company off?
What meetings need to be held?
What advertisements do i need to run?
I have assets overseas
What happens to my employees during an MVL?
Other directors object to the MVL?
I am moving abroad before the MVL finishes
I enter an MVL then realise my company is insolvent
Continue to trade through a MVL?
Be a director of another company whilst being in a MVL
Minimise the cost of an MVL?
Minimise the cost of an MVL?
Why do I need an Insolvency Practitioner for a MVL?
Can shareholders change their mind once an MVL is agreed?
What happens to my credit rating after a MVL?
Nothing will happen to your creditor rating after an MVL, regardless of what type of company you put through the process, as your company was solvent. There will be no ramifications or penalties placed on your credit rating as a result of a MVL.
Call us
Give us a call for free help & advice.
Freephone including all mobiles.
Operating 7 days 8am to 9pm.
Web chat
Do you have a question?
Our advisers are on hand to help you.
Monday to Friday, 9am to 5pm.
Fill-out form
Provide us with a few details.
We will then get back to you.
With the best solution & quote.