MVL Expenses

In order to complete our duties as liquidator, we will need to incur additional costs.
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ExpensesCost £
Three statutory Advertisements The Notice of Appointment of the Liquidator. Winding Up Resolutions. Notice to Creditors to Submit Claims.
Three statutory advertisements are required in the London Gazette at £85.85 + VAT each.
£257.55 + VAT
total cost
Admin transfer fee per distribution
A shareholder would usually have two distributions during the lifetime of the case - if the company is VAT registered
£15 + VAT
per transfer, per shareholder
Storage of books & records per box
(If electronic - no charge)
Records must be held for the lifetime of the case and for 12 months following dissolution.
£80 + VAT
per year
Collecting company books & records
(If electronic - no charge)
Costs incurred for collecting the Company’s books and records. At cost by courier, price to be confirmed based on location and quantity.
Price based on location & quantity + VAT
Liquidator’s insurance bond - based on asset value
Cost of the insurance bond is based on the value of assets that the company has.
Between £25,001 to £50,000£30 + VAT
Between £50,001 to £100,000£52 + VAT
Between £100,001 to £250,000£80 + VAT
Between £250,001 to £500,000£110 + VAT
Between £500,001 to £1,000,000£145 + VAT
Between £1,000,001 to £2,000,000£232.50 + VAT
Between £2,000,001 to £3,500,000£290 + VAT
Between £3,500,001 to £5,000,000£347.50 + VAT
Over £5,000,001£420 + VAT
If a higher bond is required, please enquire
If your company is VAT registered, we can reclaim the VAT on our fees & expenses, so shareholders will only pay the net cost.

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