Closure Options
What happens when a company goes into liquidation?
Liquidation is a process that closes a company down and removes it from Companies House; here we explain the processes for solvent and insolvent liquidation
How to close a limited company
A limited company can be closed in a number of different ways; this may be via a formal liquidation process, or informally using the strike off (or dissolution) method. The most appropriate option for your company will depend on a number of factors including its level of solvency at the time of closure.
If my company is liquidated, am I personally liable for product guarantees and warranties?
If my company is liquidated, am I personally liable for product guarantees and warranties? We offer advice on your liabilities during a liquidation process.
Understanding creditors’ rights to form a liquidation committee
Find out more about the establishment and running of a liquidation committee during the liquidation process.
Wind up a limited company with or without debts?
The winding up process will be determined by the financial state of the business - is it solvent or insolvent? Liquidation can be voluntary or compulsory.
