Members Voluntary Liquidation Companies - Recommendations? Members Voluntary Liquidation Companies - Recommendations? - Page 2
Page 2 of 4 FirstFirst 1234 LastLast
Posts 11 to 20 of 33
  1. #11

    Should post faster

    swebb's Avatar
    Join Date
    Aug 2006
    Location
    Coventry
    Posts
    114

    Default

    Quote Originally Posted by northernladuk View Post
    And what is the risk of your bank going bust in the next couple of months?
    Not a clue, but even if it is 0.0000000001% that is too bigger risk for me.
    When a man says his word is as good as his bond take his bond.

  2. #12

    Should post faster

    swebb's Avatar
    Join Date
    Aug 2006
    Location
    Coventry
    Posts
    114

    Default

    Quote Originally Posted by Maslins View Post
    From our perspective it being in a savings/current account with one bank makes negligible difference. Typically the bank in question will close both accounts at the same time.

    Where it's spread across different banks, it can cause a problem. Reason being each bank will respond on their own timescales, so we might get some of your company's cash really quick, but then be waiting ages for the remainder.

    Certainly makes our life easier if you combine it to be held with one bank.

    Barclays and Cater Allen are without doubt the two best banks we deal with.
    HSBC/Santander are ok.
    Natwest/Lloyds/BoS/RBoS are painfully slow.
    Ah ok, well I use Cater Allen for current, and Santander and Aldermore for savings. I assume if I was to move it all in to Cater Allen it would be shifting to the account you open fairly swiftly.
    When a man says his word is as good as his bond take his bond.

  3. #13

    Nervous Newbie


    Join Date
    Oct 2015
    Posts
    1

    Default Another TWO positive votes for MVL Online

    Hi all,

    I have nothing but praise for the services of MVL Online.

    I went into permanent employment just over a year ago and hence started the Voluntary Liquidation of two limited companies.

    Having been previously "done over" by a certain Mr Darren Upton (dodgy accountant) I was nervous signing over control of the bank accounts to anyone especially as the sums involved were significant.

    I received 75% of the money within a few weeks of signing the paperwork (accounts were with HSBC) and today received the balance into my account for the second of the company closures.

    The only delay to an otherwise easy, quick and professional service seem to be the HMRC.

    Thank you to the MVL Online people - I am pretty sure from the above details you know who I am and I promised to post a review

  4. #14

    Contractor Among Contractors


    Join Date
    Sep 2009
    Location
    Tunbridge Wells
    Posts
    1,636

    Default

    Quote Originally Posted by swebb View Post
    Ah ok, well I use Cater Allen for current, and Santander and Aldermore for savings. I assume if I was to move it all in to Cater Allen it would be shifting to the account you open fairly swiftly.
    We should have funds from Cater Allen (and first distribution out to you) within a couple of weeks of our appointment. A few working days for us to create an estate bank account, then a few more for Cater Allen to process the request.

  5. #15

    Fingers like lightning

    captainham's Avatar
    Join Date
    Jun 2012
    Posts
    627

    Default Positivity bandwagon!

    I'm jumping on the bandwagon in praise of MVLOnline!

    Recently completed mine, and the only flies in the ointment were both HMRC and NatWest (in terms of delays), but both completely out of MVLOnline's hands...their own service was exemplary.

  6. #16

    Still gathering requirements...


    Join Date
    Apr 2015
    Posts
    84

    Default

    Quote Originally Posted by swebb View Post
    Ah ok, well I use Cater Allen for current, and Santander and Aldermore for savings. I assume if I was to move it all in to Cater Allen it would be shifting to the account you open fairly swiftly.
    If you have over the FCA in CA + Santander you arent protected for the surplus anyway as they are the same group.

  7. #17

    Should post faster

    swebb's Avatar
    Join Date
    Aug 2006
    Location
    Coventry
    Posts
    114

    Default

    Quote Originally Posted by Underbase View Post
    If you have over the FCA in CA + Santander you arent protected for the surplus anyway as they are the same group.
    Nope checked that out ages ago before going with Santander. They are the same group but they actually have different licences which means I am covered for the FSA limit with each independently. I confirmed that with both and my accountant.
    When a man says his word is as good as his bond take his bond.

  8. #18

    More time posting than coding

    castoff101's Avatar
    Join Date
    Jul 2005
    Location
    North Wales
    Posts
    224

    Default Why the transfer of funds?

    This question is aimed at Maslins.

    On their website part of the closing down process is "Company funds transferred to liquidation estate account".

    Why do the funds have to be transferred at all to another third party account?

    Thank you

  9. #19

    My post count is Majestic

    northernladuk's Avatar
    Join Date
    Mar 2009
    Posts
    40,848

    Default

    Quote Originally Posted by castoff101 View Post
    This question is aimed at Maslins.

    On their website part of the closing down process is "Company funds transferred to liquidation estate account".

    Why do the funds have to be transferred at all to another third party account?

    Thank you
    Google is your friend.
    http://www.companyrescue.co.uk/credi...re-and-process
    'CUK forum personality of 2011 - Winner - Yes really!!!!

  10. #20

    My post count is Majestic

    northernladuk's Avatar
    Join Date
    Mar 2009
    Posts
    40,848

    Default

    Quote Originally Posted by northernladuk View Post
    There is a section explain what the liquidator does. Essentially they are impartial middle man.
    'CUK forum personality of 2011 - Winner - Yes really!!!!

Tags for this Thread

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •