Wilson Field

19/10/2026

🔴 A large, unpaid tax bill can indicate deeper-rooted problems within a company, so it’s essential to address the issue as soon as you become aware of it to avoid the problems worsening. Speak to us to better understand your company’s options if it’s struggling to pay its tax bill.

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If your company can’t pay its HMRC tax bill, HMRC can take action to make the company repay what it owes. Contact us for tailored advice.

16/10/2026

🟢 When considering liquidation for your company, you should speak to a licensed and regulated insolvency practitioner. They can advise on the best process for your company based on its situation and whether it is solvent or insolvent.

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There are two types of voluntary liquidation for a company: an MVL for solvent companies and a CVL for insolvent companies.

15/10/2026

🟢 The cost of closing and liquidating a limited company can depend on several factors, including whether the company in question is solvent or insolvent. This can significantly impact the route forward and the associated costs.

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The cost to close and liquidate a company via the MVL process starts at £1,995 + VAT & Expenses. The cost to liquidate using the CVL process is dependent on circumstances

14/10/2026

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you for the positive feedback!

If your company is in financial distress and you could benefit from free, confidential, impartial advice with no obligation, contact us via phone or online chat. 📞💬

13/10/2026

🟢 Thinking of closing your limited company? Whether it's solvent or insolvent, we can help you understand the options available to close your company.

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To close a limited company, you can apply for a company dissolution, which would see the company 'struck off' the Companies House Register...

12/10/2026

🔴 Both solvent and insolvent company liquidations are formal, legally binding, regulated processes, so they must be carried out by licensed insolvency practitioners (IPs).

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You can’t formally liquidate a company yourself. It must be carried out by a licensed insolvency practitioner. To liquidate your company, speak to us.

09/10/2026

🟢 Entering a Creditors' Voluntary Liquidation (CVL) will close your insolvent company. But is it possible to close that company, then continue the business in a new company free from the old one's debts?

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Yes, it is possible for you, as a director, to close and liquidate a company and then start a new one. A company liquidation typically has no legal bearing on setting up a new one.

08/10/2026

🔴 If your company is insolvent and you want to formally close it, a Creditors' Voluntary Liquidation (CVL) may be the most appropriate solution available.

But what if your company can't afford to liquidate?

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If your company is insolvent and you can't afford liquidation, the sale of company assets can help pay for the process. We can offer free tailored advice to your situation.

07/10/2026

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Thank you for the review! We always appreciate feedback on our services. Speak to our initial advice team via telephone and online chat for free, confidential, impartial, non-obligatory advice. 📞💬

06/10/2026

🔴 Are you considering liquidating your insolvent company and want to better understand if you can still hold a directorship?

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Yes, you can be a director after an insolvent company closes and are free to start a new limited company, provided there has been no reason for disqualification.