Company Dissolution
Dissolve and close your company in the most cost-effective manner.
Company Solvent?
If your company is inactive or solvent with little assets, or insolvent with creditors unlikely to object, dissolution alone may be possible.
Can I simply dissolve my business?
Dissolution is often a cheaper way to close a company compared to liquidation
When Dissolution is Suitable?
There must be no outstanding debts or liabilities, no ongoing legal proceedings, and unanimous agreement among all directors and shareholders. The business must have ceased trading or be dormant.
When Dissolution is Not Suitable?
For solvent companies with shareholder distributions over £25,000, a Members’ Voluntary Liquidation is preferable for tax reasons. For insolvent companies, a Creditors’ Voluntary Liquidation is needed.
Why Use A Professional Service?
It's vital all matters are dealt with correctly – otherwise it could be costly, for example:
- Post-dissolution, any assets of a dissolved company are frozen, and any credit balance belongs to the Crown.
- A company can be restored by court order for reasons such as outstanding debt or HMRC liability..
Dissolving Your Company With Us
We can be as hands-on as you require, handling creditors, Companies House, and HMRC.
The strike-off process addresses outstanding company assets, debts, and any other unresolved issues. Upon completion, your company is removed from the register, and your duties as a director come to an end.
Beware of low cost dissolution marketing
The base price covers only form-filling for an inactive company. We offer a comprehensive service, the cost of which cannot be determined before a consultation.
Book A Free Consultation to determine the correct closure route for your business.
