Yep - research Bona Vacantia before doing anything you may later regret.
Bona Vacantia - GOV.UK
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: Liquidating Ltd under 25k assets
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "Liquidating Ltd under 25k assets"
Collapse
-
Yes, the bit in red is essential - there's been tales of people realising too late that anything left becomes HMT property.Originally posted by Maslins View PostObvious 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!
Leave a comment:
-
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!
Leave a comment:
-
Many people have.Originally posted by GalContractor2873 View PostHas anyone done this .
Liquidating Ltd under 25k assets site:contractoruk.com/forums - Google Search
Leave a comment:
-
apply for as strike off as per below.Originally posted by GalContractor2873 View PostApologies 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.
Closing a limited company - GOV.UK
It tells you what to do, and when, and who to tell.
Leave a comment:
-
Liquidating Ltd under 25k assets
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.Tags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- How key for IR35 will Control be in 2026/27? Yesterday 07:13
- What does the non-compete clause consultation mean for contractors? Feb 19 07:59
- To escalate or wait? With late payment, even month two is too late Feb 18 07:26
- Signs of IT contractor jobs uplift softened in January 2026 Feb 17 07:37
- ‘Make Work Pay…’ heralds a new era for umbrella company compliance Feb 16 08:23
- Should a new limited company not making much money pay a salary/dividend? Feb 13 08:43
- Blocking the 2025 Loan Charge settlement opportunity from being a genuine opportunity is… HMRC Feb 12 07:41
- How a buyer’s market in UK property for 2026 is contractors’ double-edge sword Feb 11 07:12
- Why PAYE overcharging by HMRC is every contractor’s problem Feb 10 06:26
- Government unveils ‘Umbrella Company Regulations consultation’ Feb 9 05:55

Leave a comment: