Closing a solvent company There may be occasions when you want to close a solvent company - if you’re planning to retire or go back to employment for example - or it might simply be the case that the business has come to the end of its life and is no longer required. If you’re looking to close a solvent company, get in touch with our experienced insolvency practitioners today. Our team will assess your situation and advise on the most tax efficient way to dissolve the business whilst providing the biggest return for stakeholders. How do I close a solvent company? If you want to close a solvent company, (i.e., one that can pay all its liabilities when they fall due and is free from legal action or threats from creditors) there are two main options: If your company has no assets and no creditors you can apply to get your company struck off the Register of Companies at Companies House. If your company has net assets of £25,000 or more you must close your company using a Members’ Voluntary Liquidation (MVL). The most tax efficient option for you will depend on your circumstances, so get in touch with one of our experienced Licenced Insolvency Practitioners. We will advise you on the right solution for your company, ensuring you get the most value for all stakeholders. Make an enquiry CONTACT US Restructuring and Insolvency Services Business restructuring - help to avoid insolvency Business insolvency - advice on insolvency options Closing a company - tax-efficient options for winding-up a solvent company Personal debt OUR UK TEAM Mustafa Abdulali Director Stoke on Trent Neil Dingley Director Stoke on Trent Ian Robert Partner London