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  • FIRST POST
    • tonyld
    • By tonyld 17th May 18, 2:45 PM
    • 6Posts
    • 3Thanks
    tonyld
    Closing down a limited company
    • #1
    • 17th May 18, 2:45 PM
    Closing down a limited company 17th May 18 at 2:45 PM
    I have been quoted 500+VAT to close down my limited company
    I am solvent I just don't want it anymore as I have stopped trading

    Is this a reasonable quote or should I shop around
Page 1
    • OUNN
    • By OUNN 17th May 18, 3:13 PM
    • 42 Posts
    • 67 Thanks
    OUNN
    • #2
    • 17th May 18, 3:13 PM
    • #2
    • 17th May 18, 3:13 PM
    Hi Tony,

    The board you've posted this on is generally aimed at quotes for work in the home - building work, gas, electrical, decoration etc.

    You might get a better response to your query on the Small Business board here on the forums! They will have a better idea on the cost involved with winding up LTD companies.

    All the best!
    • plumberpaig
    • By plumberpaig 17th May 18, 3:55 PM
    • 47 Posts
    • 16 Thanks
    plumberpaig
    • #3
    • 17th May 18, 3:55 PM
    • #3
    • 17th May 18, 3:55 PM
    As long as your accounts are in order (VAT, annual returns, confirmation statements etc) then download DS01 form from the .Gov website and fill it in. Very easy.

    Post it off with (I think) a 10 postal order. It takes a while to close down but that's all you need to do.
    • marlot
    • By marlot 17th May 18, 4:16 PM
    • 3,525 Posts
    • 2,637 Thanks
    marlot
    • #4
    • 17th May 18, 4:16 PM
    • #4
    • 17th May 18, 4:16 PM
    Wind down the business so its dormant for 3 months (minimum). Inform HMRC and anyone else who needs to know. Send the form and cheque for 10 to companies house.

    Make sure you take all the money out first - or it goes to the Crown when the company is disolved.
    • OUNN
    • By OUNN 17th May 18, 8:13 PM
    • 42 Posts
    • 67 Thanks
    OUNN
    • #5
    • 17th May 18, 8:13 PM
    • #5
    • 17th May 18, 8:13 PM
    I stand corrected
    • Cornucopia
    • By Cornucopia 17th May 18, 8:32 PM
    • 10,269 Posts
    • 10,267 Thanks
    Cornucopia
    • #6
    • 17th May 18, 8:32 PM
    • #6
    • 17th May 18, 8:32 PM
    We move threads if we think they can receive a better response elsewhere.
    I'm a Board Guide on the Phones & TV, Techie Stuff, In My Home,
    The Money Savers Arms and Food Shopping boards. I'm a volunteer to help the boards run smoothly, and I can move and merge threads there. Any views (especially those on the UK TV Licence) are mine and not the official line of moneysavingexpert.com.

    Board guides are not moderators. If you spot an inappropriate or illegal post then please report it to forumteam@moneysavingexpert.com
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