Tag Archives: Closing a Limited Company

Closing Your Limited Company: Strike-Off or Members’ Voluntary Liquidation?

Thinking about closing your limited company? Perhaps you’re retiring, moving on to something new or simply no longer need your business. One of the biggest questions we get asked is: “How do I close my company and what happens to the money left in the bank?” If your company is solvent, meaning it can pay

What to Do When Your Limited Company Becomes Dormant

limited company becomes dormant, person typing on laptop

Many business owners set up a limited company to work as a contractor or consultant. But what if things change? Maybe you’ve landed a full-time job and no longer need to invoice through your company. Instead of shutting it down straight away, you have a few options. Let’s go through them step by step. 1.