Knowledge Hub
Browse our library of knowledge to learn more about company closure and how we help
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Creditors Voluntary Liquidation
This is by far the most common way that directors choose as they have an element of control over the process and who they engage, plus they are doing the responsible duty as a director of the insolvent company.
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Compulsory Liquidation
What might look like an attractive option for a director due to the fact that the creditor pays for the winding up, it is not advised and should only be a last resort.
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Members Voluntary Liquidation
This is a way of closing a company that is solvent, i.e. it has Assets and essentially no debts.
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Dissolution / Strike off Application
This is where a company has no assets or debts, has ceased to trade, and is no longer needed.
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How to Close a Limited Company
How to close your limited company the right way, while protecting yourself as a director and securing your assets. This comprehensive guide covers various methods and personal implications.