Close Your UK Limited Company Professionally and With Confidence
Our professionally managed company dissolution service helps directors close solvent UK limited companies in an orderly and compliant manner.
We can assist with final accounts, Corporation Tax returns, confirmation statements, VAT and PAYE closure, company assets, outstanding liabilities and the voluntary strike-off process.
Closing a Company Involves More Than Submitting a Form
Before a limited company is dissolved, its accounts, taxes, liabilities, assets, bank accounts and statutory filings must be carefully reviewed and addressed. Incomplete compliance work may lead to delays, objections or the need to restore the company later.
A Structured and Compliant Way to Close Your Company
Company dissolution, commonly known as voluntary strike off, is the formal process through which an eligible company is removed from the Companies House register and legally ceases to exist.
It is normally suitable for a solvent company that is no longer required, has stopped trading and can settle all outstanding liabilities.
At Odiri Tax Consultants & Accountants, we review the company's full accounting, tax and statutory position before a strike-off application is made.
- Eligibility and compliance review
- Final statutory accounts
- Final Corporation Tax return
- Confirmation statements
- VAT and PAYE closure
- Company asset review
- Voluntary strike-off support
- HMRC objection assistance
Understanding Whether Your Company Qualifies
We assess your company's circumstances before recommending voluntary dissolution as the appropriate closure route.
Dissolution May Be Suitable Where
Voluntary strike off may be appropriate where the company is solvent and its affairs can be concluded properly.
- The company has stopped trading
- It can settle all outstanding liabilities
- Final accounts and tax returns can be completed
- Company assets can be distributed properly
- There are no unresolved creditor claims
- There are no ongoing insolvency proceedings
- The company is no longer required
Dissolution May Not Be Suitable Where
A formal insolvency or liquidation procedure may be required where the company cannot settle its debts.
- The company cannot pay its debts
- Creditors remain unpaid
- Legal disputes remain unresolved
- Liquidation proceedings have commenced
- A creditor arrangement is in place
- Substantial assets remain undistributed
- The company is continuing to trade
Comprehensive Support for an Orderly Company Closure
The services included will depend on the company's individual accounting, tax and statutory filing position.
Eligibility Assessment
We assess the company's solvency, trading history, liabilities, assets and recent activities to determine whether voluntary strike off is appropriate.
Compliance Status Review
We review Companies House records, HMRC obligations and outstanding filing requirements that may prevent or delay dissolution.
Confirmation Statements
Where required, we prepare and submit outstanding confirmation statements to bring the company's statutory records up to date.
Final Statutory Accounts
We prepare the company's final statutory accounts in the required format up to the appropriate cessation or accounting date.
Final Corporation Tax Return
We prepare and submit the company's final Corporation Tax return and calculate any remaining tax liability.
VAT Closure
Where applicable, we assist with final VAT returns, outstanding VAT liabilities and VAT deregistration.
PAYE and Payroll Closure
We assist with final payroll submissions, employee records and the closure of the company's PAYE scheme.
Asset and Liability Review
We identify company bank balances, debtors, equipment, loans, tax refunds and other assets or liabilities that must be addressed.
Strike-Off Application
Once the company's affairs are ready, we assist with preparing and submitting the voluntary strike-off application.
Stakeholder Notifications
We provide guidance on notifying shareholders, creditors, employees, HMRC and other relevant interested parties.
HMRC Objection Support
Where HMRC objects because a return, liability or registration remains outstanding, we help identify and resolve the issue.
Post-Dissolution Guidance
We provide practical guidance concerning company record retention and any remaining director or shareholder matters.
Company Assets Must Be Addressed Before Dissolution
Money and property remaining in the company when it is dissolved may pass to the Crown as bona vacantia.
This can include company bank balances, tax repayments, investments, equipment, domain names, intellectual property and other company-owned assets.
We therefore recommend completing a full asset and liability review before the strike-off application is submitted.
Professional Support That Goes Beyond Filing a Form
Filing a strike-off application before resolving the company's tax and financial affairs can lead to objections, delays and additional work.
Our service combines accounting, tax and statutory support within one coordinated company closure process.
Clear Initial Assessment
We identify outstanding work before the dissolution process begins.
Integrated Compliance Support
Accounts, Corporation Tax, VAT, PAYE and Companies House matters are considered together.
Transparent Professional Quotation
Your quotation clearly explains the work required before the company can be closed.
Nationwide Digital Service
Directors throughout the UK can provide records and approve documents securely online.
Four Clear Stages to Closing Your Company
We manage the work in a structured sequence so that the relevant accounting, tax and statutory requirements are addressed.
Initial Review
You provide the company details, accounting records, bank statements and information about assets and liabilities.
Scope and Quotation
We assess the company's position and provide a clear professional quotation for the work required.
Final Compliance Work
We complete the relevant accounts, tax returns, registrations and outstanding statutory filings.
Application and Monitoring
The strike-off application is submitted and the closure process is monitored through to final dissolution.
A Company Closure Service Tailored to Your Circumstances
Every company dissolution is different. The work required depends on the company's trading history, accounting records, statutory filing position, tax obligations, remaining assets and outstanding liabilities.
We will review your company's position and provide a clear professional quotation setting out the work required before the dissolution process begins.
The agreed scope and professional fees will be confirmed in writing, allowing you to understand the process before deciding whether to proceed.
Company Dissolution Questions Answered
General guidance concerning voluntary strike off and the company closure process.
What is voluntary company dissolution?
Voluntary dissolution, also known as voluntary strike off, is the process through which eligible directors apply to remove a company from the Companies House register. Once dissolved, the company legally ceases to exist.
Can a company with debts be struck off?
Voluntary strike off is generally intended for a solvent company whose liabilities can be settled. Where the company cannot pay its debts, advice should normally be obtained from a licensed insolvency practitioner.
Does the company need to stop trading first?
The company will normally need to have stopped trading before it becomes eligible for voluntary strike off. Limited activities may still be permitted where they are necessary to conclude the company's affairs.
Are final accounts and tax returns required?
The company's tax affairs should be finalised before dissolution. This may include final accounts, Corporation Tax returns, payment of outstanding tax, VAT deregistration and PAYE closure.
Can HMRC object to the strike-off application?
Yes. HMRC may object where accounts, tax returns, liabilities or registration matters remain outstanding. The underlying issue will normally need to be resolved before dissolution can proceed.
What happens to assets left in the company?
Assets remaining in the company when it is dissolved may pass to the Crown. Company bank balances, tax repayments and other assets should therefore be addressed before final dissolution.
How long does company dissolution take?
The timescale depends on the company's outstanding accounting and tax work, whether an objection is raised and the statutory processing stages required before final dissolution.
What is the difference between dissolution and liquidation?
Dissolution is generally used for a solvent company with no unresolved liabilities. Liquidation is a formal process involving a licensed insolvency practitioner and may be used for solvent or insolvent companies.
Can Odiri complete overdue accounts before dissolution?
Yes. We can review and quote for overdue accounts, Corporation Tax returns, confirmation statements, VAT returns, payroll closure and other outstanding compliance work.
Do you provide company dissolution services throughout the UK?
Yes. We provide company dissolution and associated accounting support to directors throughout the UK using secure digital systems.
Request a Professional Company Dissolution Quotation
Tell us when your company stopped trading and whether any accounts, tax returns, liabilities, assets or statutory filings remain outstanding. We will review the information and provide a clear quotation for the work required.
