Advice Hub

Table of Contents Strike off company with HMRC debts HMRC is commonly a large creditor when businesses are insolvent, and given their [...]

Table of Contents Objection to company strike off – what next? Making an application to strike off a company isn’t always straightforward, and it’s [...]

Table of Contents Should I close my company or make it dormant? If you’re unsure whether to close your company or make [...]

Table of Contents Understanding the difference between insolvency practitioners and lead generation firms If you are a company director looking at closing [...]

Table of Contents Am I entitled to redundancy when closing a company? Director redundancy may be available when an insolvent company is liquidated via [...]

Table of Contents Will your creditors be repaid and can they pursue you for company debts? There are many reasons why you [...]

Table of Contents What happens to company assets when closing a company? If you’re considering closing your limited company, it’s important to [...]

Table of Contents How does dissolution or liquidation affect company directors? When a company closes, the director’s role in the process depends [...]

Table of Contents How to close a limited company in the UK When it comes to closing a limited company in the [...]

Table of Contents The tax-efficient way to close a company after the Autumn Budget The most tax-efficient way to close a solvent limited [...]

Table of Contents Corporate restructuring and turnaround options The strong restructuring and turnaround regime that exists in the UK supports businesses that [...]

Table of Contents Which creditors are paid first in the liquidation process? A clear hierarchy for repayment exists when a company closes down [...]

Table of Contents What are contingent liabilities when closing a company? Contingent liabilities are ‘in the background’ of a company’s financial affairs [...]

Table of Contents What are a directors’ responsibilities when closing a company? A limited company is a legal entity in its own [...]

Table of Contents My strike off application has been suspended: what are my options? Voluntarily striking off a company at Companies House is [...]

Table of Contents Understanding the difference between liquidation and administration Liquidation and administration are both official procedures designed to assist insolvent companies [...]

Table of Contents How to close my company due to retirement There are several ways you can close your company when you [...]

Table of Contents What is a winding up petition? A winding up petition is a legal document used by creditors to close down [...]

Table of Contents Can the courts or a creditor forcibly close my company? If your company is struggling to repay its creditors [...]

Table of Contents Can I close a company myself? It is possible to close a limited company yourself, but initially, you need [...]

Table of Contents What happens to debts when I close a company? Financial decline can occur steadily over time or sometimes unexpectedly – [...]

Table of Contents How to close a company with a Bounce Back Loan If your company is insolvent but has an outstanding [...]

Table of Contents Can I close a company with HMRC debts? HMRC has more authority to recover monies owed to them than [...]

Table of Contents Am I personally liable for business debts after closing a company? When you set up a limited company in [...]