If you're considering the option of entering into an MVL to close a company and extract its value in the form of cash distributed amongst the shareholders, then you're probably wondering how long the process will take overall and what to expect in the way of time frames. For this reason we have created the following members voluntary liquidation timeline guide:
The end of the procedure is marked by the members voluntary liquidation final meeting held by the liquidator. The liquidator will send a notice of the final meeting to the London Gazette, and about three months later the company will be struck off the Registrar. However, the directors of the company may be able to restore the company via a Court order at any point within 6 years of dissolution.
If you have any questions about the members voluntary liquidation process feel free to ask one of our experts online or call us on 0800 231 6040 for a free phone consultation. We have an extensive network of 55 offices offering confidential director support across the UK.
12th December 2018
Small and medium-sized enterprises (SMEs) across the UK are paying increasingly large sums of money to collect amounts owed to them by their clients and customers.Read More
4th December 2018
The number of independent retailers who closed down outlets during the first half of this year reached a record high level for any comparable period.Read More