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
Postage costs
Cost to be confirmed based on various factors such as number of directors and shareholders.
Cost based on the number of letters sent during the lifetime of the liquidation
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.
Cost 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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