If you are closing your company by way of liquidation, then the whole process will be administered by the appointed liquidator who must be a licensed insolvency practitioner. It will be their role to liaise with any outstanding creditors, sell company assets, and complete the necessary documentation to instruct Companies House to remove the company from the register.
As director, you have an obligation to co-operate with the insolvency practitioner to allow them to do their job, which will typically involve providing information regarding assets, creditors, and any ongoing legal action against the company. You will also be expected to assist in the preparation of a Statement of Affairs document and passing certain resolutions; your insolvency practitioner will talk you through these elements of the process at the time.
If you are closing your company by way of strike off, then you will be responsible for ensuring this is done correctly. All outstanding liabilities of the company should be dealt with and any assets you want to take from the company should be done before you submit the strike off application. You should note that any assets remaining in the company after it has been dissolved will become ‘bona vacantia’ and ownership will pass to the Crown.
Strike off is achieved by completing a DS01 form and submitting this to Companies House. You must also ensure that any interested parties such as shareholders or outstanding creditors are sent a copy of this too. Your intention to dissolve the company will be advertised in the Gazette, and so long as no objections are received, the company will be struck off the register after a period of three months.