CVL is a legal method to close down an insolvent company
MVL is used when a company is solvent and the shareholders wish to close down the company
A court-led process that should be used as a last resort to wind-up a company
Unique to Liquidation.co.uk as we are effectively entering an insolvent company into Creditors’ Voluntary Liquidation (CVL) but are using it as a business rescue process.
If you want to liquidate your company but there are no assets remaining, then a No Asset Liquidation would be a cheap and efficient process to enter.