Possibly. We offer a free, fully confidential, no-obligation consultation either in person, over the phone or via video-conferencing at a time to suit you. A Company Voluntary Liquidation (CVL) allows a company to manage their own liquidation, avoiding the stress and risk associated with a compulsory liquidation. For businesses who act quickly while there is still cash in the company, the cost of liquidation can be funded using the company’s assets. Typical costs for a Company Voluntary Liquidation range between £4,000 and £6,000 (plus VAT and disbursements) and are dependent on a number of factors such as staff numbers, assets, total creditors. A CVL involves stringent regulation and must be conducted by an Insolvency Practitioner. There are certain costs that are payable such as statutory advertising, insurance, agent fees (e.g. valuers), convening of creditor meetings and reporting costs. If you would like to speak with one of our advisors regarding closing your business, please ring us on 01823 216156 or send us an email. If you are not yet ready to speak to an advisor, you can find free information and advice on our blog.