Need to dissolve your UK company? Our company dissolution service ensures that your company is struck off from the Companies House register in accordance with UK law. We take care of all the necessary steps, allowing you to comply with regulations and protect yourself from potential risks and fines.
Company Dissolution in the UK can require different steps and considerations depending on the unique situation of the business. The process of closing a limited company can vary from a straightforward task that can be accomplished rapidly and cost-effectively, to a complicated matter that demands professional support and direction.
Business Globalizer can help to guarantee that all obligations are fulfilled and all tax consequences are addressed appropriately.
The cost of dissolving a UK company varies depending on the method used and the company's specific circumstances. If your company has no debts and there are no outstanding issues to resolve, the cost can be as low as £10 to file the relevant paperwork. However, if your company has debts or other obligations, the costs can increase substantially. It's important to seek advice from a professional to determine the most cost-effective method of dissolving your company. creditors, landlords, suppliers, guarantors, HMRC, employees, any person suing for a personal injury claim against you, employee pension fund managers, and directors who have not signed the DS01 form.
When a UK company is dissolved, its debts do not disappear. Creditors can attempt to recover debts through legal means such as making a claim against the company's assets or pursuing directors for personal liability. Restoring a dissolved company to the Register of Companies is an option, but the chances of recovery are typically low, and legal advice is recommended.
No, a dissolved company cannot operate in the UK. Dissolving a company means shutting it down entirely, and once it is removed from the Companies House register, it loses its legal status and is no longer permitted to engage in any business activities.