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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13 February 2021
- 16:42 - Contreras clicked Thanks for this node: Credit salary to director's loan account by Maslins
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11 February 2021
- 11:18 - cojak clicked Thanks for this node: MVL: Metro Bank not releasing my funds for 2 months by Maslins
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28 January 2021
- 12:10 - Lance clicked Likes for this node: Creditors Voluntary Liquidation (CVL) - recommended licensed insolvency companies? by Maslins
18 January 2021
- 17:04 - cojak clicked Likes for this node: Liquidating Ltd under 25k assets by Maslins
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17 January 2021
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8 January 2021
- 15:55 - ChimpMaster clicked Likes for this node: MVL and Hudson Weir - any reports? (and a note on MVL online) by Maslins
7 January 2021
- 14:53 - ChimpMaster clicked Likes for this node: What to do with retained earnings by Maslins
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30 November 2020
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23 November 2020
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29 October 2020
- 16:39 - zerosum clicked Likes for this node: Money transfer for an MVL by Maslins
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