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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29 September 2022
- 12:40 - Bluebird clicked Thanks for this node: Corp Tax for Dissolved Company by Maslins
14 September 2022
- 17:14 - cojak clicked Thanks for this node: FreeAgent and accountancy costs by Maslins
9 September 2022
- 11:37 - jamesbrown clicked Likes for this node: Invoicing for contract work through unrelated business by Maslins
- 09:24 - eek clicked Likes for this node: Invoicing for contract work through unrelated business by Maslins
25 August 2022
- 13:34 - tesala clicked Likes for this node: I've marked "Use Of Home" costs as out-of-pocket expenses, is this right? by Maslins
- 13:34 - tesala clicked Thanks for this node: I've marked "Use Of Home" costs as out-of-pocket expenses, is this right? by Maslins
8 August 2022
- 14:58 - eek clicked Likes for this node: Personal allowance Question by Maslins
- 14:58 - eek clicked Thanks for this node: Personal allowance Question by Maslins
3 August 2022
- 13:08 - Chaytor clicked Likes for this node: Closing your company by Maslins
- 13:08 - Chaytor clicked Thanks for this node: Closing your company by Maslins
12 July 2022
- 10:24 - pr1 clicked Thanks for this node: Personal allowance Question by Maslins
15 June 2022
- 15:43 - ApeShape clicked Likes for this node: Carried Forward / Distributed amount. Keep or take out? by Maslins
12 June 2022
- 07:47 - cojak clicked Thanks for this node: Taking a break, not trading, salary? by Maslins
- 07:46 - cojak clicked Likes for this node: Taking a break, not trading, salary? by Maslins
8 June 2022
- 18:31 - pr1 clicked Likes for this node: Extracting final surplus in multiple transactions? by Maslins
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