The study is the first large scale analysis of Members’ Voluntary Liquidations (MVLs) outcomes in England and Wales.
- A Members’ Voluntary Liquidation is a formal process used by solvent companies that have reached the end of their useful life.
- The research was commissioned to improve understanding of the MVL landscape.
- The research looked at 2,309 MVL cases between 2016 and 2024.
A new research study commissioned by the Insolvency Service has found that Members’ Voluntary Liquidations (MVLs) are operating effectively, paying creditors in full in almost all cases.
A MVL is a formal process used by solvent companies that have reached the end of their life and to ensure they can close in an orderly way, while paying…

