How Long Does It Take to Dissolve a Limited Company in the UK?

May 22, 2023 ⚊ 1 Min read ⚊ Views 55 ⚊ 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.

Read details: https://www.leading.uk.com/how-long-does-it-take-to-dissolve-a-limited-company-in-the-uk/

Tags: Insolvency Practitioners

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