We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Strike-Off for Limited Company

Options
2»

Comments

  • Bismarck
    Bismarck Posts: 2,598 Forumite
    Interesting thread...I've a ltd company and to be honest never thought that it would have to go near an insolvency practitioner when its time is up. Then again, I don't intend trying to leave any debts...put simply...if the companies solvent and just stopping it's not insolvent so it just needs closing down. I would certainly look to keep HMRC onside!
    For what I've done...I start again...And whatever pain may come ...Today this ends... I'm forgiving what I've done -AF since June 2007
  • greyteam1959
    greyteam1959 Posts: 4,710 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I would also make sure that the amount you owe HMRC is a full and final amount including all interest if applicable.
    Then you have no nasty shocks waiting for you somewhere down the line
  • cozasmom
    cozasmom Posts: 41 Forumite
    Part of the Furniture Combo Breaker
    Thanks all for taking time to reply - hopefully company will just about be solvent when we wind up- my main concern was the amount owed to HMRC and this was the reason talking to Insolvency Practioner as thought this could be a problem to pay, but their costs would have been approx £ 7500 and this outweighted the potential debt itself, I will go and see my accountant next week. but thanks again.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.