Liquidating Ltd under 25k assets

[GalContractor2873]

Apologies if this has been previously answered.

Assts of only 22k or so. No debts or responsibilities to creditors, no trading in the past FY and just wanting to strike off the Ltd.

Has anyone done this and what was the best way to extract the remaining sums before the strike end-date?

Thank you very much for your thoughts.

[Lance]

Apologies if this has been previously answered.

Assts of only 22k or so. No debts or responsibilities to creditors, no trading in the past FY and just wanting to strike off the Ltd.

Has anyone done this and what was the best way to extract the remaining sums before the strike end-date?

Thank you very much for your thoughts.

apply for as strike off as per below.

Closing a limited company - GOV.UK

It tells you what to do, and when, and who to tell.

[northernladuk]

Has anyone done this .

Many people have.
Liquidating Ltd under 25k assets site:contractoruk.com/forums - Google Search

[Maslins]

Obvious answer...but discuss with your accountant. They'll be best placed to advise what to do when to ensure a smooth process.

If you're DIYing it, ensure all taxes are settled, and critically that you take the final funds out before completing the strike off!

[ladymuck]

Obvious answer...but discuss with your accountant. They'll be best placed to advise what to do when to ensure a smooth process.

If you're DIYing it, ensure all taxes are settled, and critically that you take the final funds out before completing the strike off!

Yes, the bit in red is essential - there's been tales of people realising too late that anything left becomes HMT property.

[cojak]

Yep - research Bona Vacantia before doing anything you may later regret.

Bona Vacantia - GOV.UK