I can't give you any formal advice on this, but I don't think there's any rule that states if there's >£25k debt a company can't be dissolved? Possibly you're thinking about the £25k threshold below which CGT treatment can be obtained in a cheap and cheerful strike off for a solvent company?
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Maslins
Super poster
Last Activity: 14 January 2026, 14:33
Joined: 25 September 2009
Location: Tunbridge Wells
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It wouldn't be something I could formally help with. There's two very different types of liquidation:
1) Solvent liquidations (Members Voluntary Liquidations, MVL). This is what MVL Online can often help with. Company has paid off all debts, has excess cash/assets. An MVL is a way of getting...
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27 February 2024
- 07:02 - BoneroGG clicked Thanks for this node: Ltd Retained Profit into Pensions or Ltd BTL or Stock market by Maslins
9 February 2024
- 12:50 - ChimpMaster clicked Likes for this node: Ltd Retained Profit into Pensions or Ltd BTL or Stock market by Maslins
28 January 2024
- 07:48 - NotAllThere clicked Likes for this node: Can my wife, who is a director, receive a dividend? by Maslins
18 January 2024
- 22:49 - BigDataPro clicked Likes for this node: Loan vs dividends by Maslins
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17 January 2024
- 18:42 - ChimpMaster clicked Likes for this node: Question for the retired regarding MVL by Maslins
8 December 2023
- 13:58 - BillHicksRIP clicked Thanks for this node: Paying VAT by Direct Debit Issue by Maslins
6 July 2023
- 08:55 - SueEllen clicked Likes for this node: Keeping money in the company vs dividends by Maslins
28 June 2023
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15 June 2023
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14 June 2023
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23 May 2023
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5 May 2023
- 14:47 - Paracelsus clicked Likes for this node: Anybody else finding Gorilla accountants getting a bit sluggish? by Maslins
3 May 2023
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