How you close down your limited company will differ depending on whether your company is solvent or insolvent.
1. Closing down a solvent company
You may apply to strike off your company from the Companies Register or start a Members' Voluntary Liquidation.
2. Closing down an insolvent company
You must arrange the liquidation of your company. In certain circumstances, you may be able to avoid liquidation by applying for a Company Voluntary Arrangement.
Further information is available on our resource on the company closure process. Need help with company closure, avail our one-off company dissolution services.
<p>How you close down your <a href="https://goforma.com/limited-company/what-is-a-limited-company" target="_blank">limited company</a> will differ depending on whether your company is solvent or insolvent.<br></p><h2><strong>1. Closing down a solvent company</strong><br></h2><p>You may apply to <a href="https://www.gov.uk/strike-off-your-company-from-companies-register" target="_blank">strike off your company from the Companies Register</a> or start a <a href="https://www.gov.uk/liquidate-your-company/members-voluntary-liquidation" target="_blank">Members' Voluntary Liquidation</a>.<br></p><h2><strong>2. Closing down an insolvent company</strong><br></h2><p>You must arrange the <a href="https://www.gov.uk/liquidate-your-company/creditors-voluntary-liquidation" target="_blank">liquidation of your company</a>. In certain circumstances, you may be able to avoid liquidation by applying for a <a href="https://www.gov.uk/company-voluntary-arrangements" target="_blank">Company Voluntary Arrangement</a>. </p><p>Further information is available on our resource on the <a href="https://www.goforma.com/limited-company/closing-a-limited-company " target="_blank">closing a limited company article</a>.</p>