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Members Voluntary Liquidation

Realise your assets and distribute the proceeds

If you and the shareholders of your company are considering voluntarily winding-up your solvent company, then you may need to consider a Members Voluntary Liquidation (MVL). This option allows the shareholders to realise the assets of the company and distribute the proceeds among the company members.

To enter a Members Voluntary Liquidation, the company shareholders must appoint a Liquidator and provide a Declaration of Solvency proving that the company’s balance sheet and finances have been fully reviewed. The company must be solvent and able to reasonably repay all existing and prospective debts within 12 months.

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What are the Benefits?

A Members Voluntary Arrangement can offer a number of benefits if the shareholders require the sale and retirement of company assets or wish to exit their position and extract their funds with distributable reserves over £25,000. This option can also allow the restructuring of company assets.

How Can We Help?

We aim to work efficiently to achieve the dissolution of your company and the completion of your requirements, allowing all shareholders to receive their funds as quickly as possible.

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How Anderson Parker Can Help

We have a broad spectrum of partners in the Financial Services sector, making us ideally placed to find the best solution for you or your company’s financial situation. Anderson Parker specialises in HMRC debt and can help you with Time to Pay (TTP) arrangements, debts and arrears, Individual Voluntary Arrangements (IVAs), and much more.

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