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 75 offices offering confidential director support across the UK.
17th April 2019
HMRC applied to see more than 4,000 UK companies closed down over the course of 2018 and is being too aggressive in its pursuit of tax-related debts.Read More
12th April 2019
British high streets saw the sharpest rate of net store closures on record over the course of last year, according to a new set of figures.Read More