How Long Does It Take To Dissolve A Limited Company In The Uk?

May 22, 2023 1 Min read Views 74 BLOG

When you dissolve a company, this is a formal process to close an organisation down in the UK. You can only dissolve a company if there are no outstanding debts. You shouldn’t try to dissolve your organisation if there are debts; you must liquidate it instead. If you do apply to dissolve your company and there are still debts outstanding, it is likely that a creditor or HMRC will object to the dissolving of the company, and your application will be rejected.

Tags: Insolvency Practitioners

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