Closing a Solvent Company
If your company has no debts and you simply want to stop trading, we handle the full process: filing final accounts and Corporation Tax return, distributing remaining funds to shareholders, applying for voluntary strike-off (DS01) with Companies House, notifying HMRC and closing PAYE and VAT registrations. For companies with significant retained profits, we work with our licensed partners to arrange a Members' Voluntary Liquidation (MVL) — a tax-efficient way to extract funds at Capital Gains Tax rates rather than Income Tax.
Facing Financial Difficulties?
If your company is struggling with debts — HMRC demands, Bounce Back Loans, bank overdrafts, supplier debts, rent arrears, or creditor pressure — it is important to act early. Through our partnership with licensed Insolvency Practitioners, we help with: Creditors' Voluntary Liquidation (CVL) — legally closing a company that cannot pay its debts, stopping creditor pressure and in many cases allowing corporate debts to be written off. Business Restructuring (Administration) — freezing creditor actions to buy time for stabilisation, recovery, or sale of the business. Company Voluntary Arrangement (CVA) — restructuring debts while the company continues to trade under an agreed repayment plan. Creditor Communication — we take over communication with HMRC, banks, landlords, and other creditors to reduce stress and protect the director. We explain your obligations and rights as a director, help you avoid costly mistakes, and minimise personal liability risks.
