MVL Online Question

[luxCon]

Maslins, In order to get the 75% distribution before 5th April whats the latest engagement date with MVL Online to guarantee that please?

[Maslins]

Maslins, In order to get the 75% distribution before 5th April whats the latest engagement date with MVL Online to guarantee that please?

We can't give any guarantees of time to get your company's cash, as it's heavily reliant on your company's bank. However average time frame from our appointment to getting first tranche of funds in the client's personal bank account is currently 4-6 weeks. If your company banks with Cater Allen/Barclays, it'll likely be a week or two quicker than that. If your company banks with HSBC/Santander/Tide, it'll likely be a bit beyond the top end of that. Ie they're currently the best/worst banks we deal with from this perspective.

[Taro]

Why change your year end - you do a final set of accounts up to the date of company closure (so January X 2021).

Just want to clarify ; When you hand over your company to the Liquidator do you also hand over a Final set of accounts?
Regardless of when the accounting date is.