Members Voluntary Liquidations (MVLs)
A Thoughtful and Tax-Efficient Exit
When it's time to close a chapter, you deserve a process that's calm, clear and financially sound.
Whether you're stepping away from the business you've built, preparing for retirement, or simplifying a corporate group, a Members’ Voluntary Liquidation offers a structured way to do so, with dignity, efficiency and peace of mind.
For many business owners, a company isn’t just a legal entity, it’s personal. Which is why we provide liquidation consultancy that respects both the numbers and the people behind them.
What it is
A Members Voluntary Liquidation (MVL) is a formal process that is initiated to wind up the affairs of a solvent company. A solvent company is one that has more assets than liabilities and can, therefore, pay off all its debts. The MVL process involves the members of the company and their appointed Insolvency Practitioner (IP).
How it works
During an MVL, the company's assets are sold, and the proceeds are used to pay off any outstanding debts. Any remaining funds are then distributed among the company's shareholders. This process is typically initiated when a company has reached the end of its useful life, or when the shareholders wish to retire or move on to other ventures.
Good to know
It is important to note that an Members Voluntary Liquidations is a voluntary process, and it is not the same as a compulsory liquidation, which is initiated by creditors when a company is unable to pay its debts. An MVL is a proactive step taken by the company's shareholders to ensure that the company is wound up in an orderly and efficient manner.
Our Approach to Liquidation Consultancy
We understand this isn’t just about closing a business, it’s about moving forward with confidence. You’ve worked hard to build something of value, and you want to ensure it’s wound down with care and efficiency.
🔧 Practical guidance, from start to finish
We handle all the formal steps and keep things clear and straightforward.
🤝 Calm, trusted support
With nearly 40 years of experience, we’ve helped hundreds of directors close solvent businesses with clarity and confidence.
🔍 No hidden costs
We’re transparent from day one, with fixed-fee MVL solutions where possible.
🧠 Human understanding
Richard’s background is described as “1/3 accounting, 1/3 law, 1/3 psychology”, bringing a rare blend of technical skill and emotional intelligence when dealing with founders and directors.