How Long Does It Take To Dissolve A Limited Company In The Uk?
May 22, 2023 ⚊ 1 Min read ⚊ Views 74 ⚊ BLOGWhen 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