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Even the best-run business can face unexpected challenges and solvency issues. It's important you recognise the signs and understand your duties as a director.
Compulsory and voluntary liquidation, the liquidation process, how liquidation affects company directors and the role of a liquidator
You can choose to liquidate your limited company (also called ‘winding up’…
A director can propose a company stops trading and be liquidated (‘wound…
A director can ask a court to order the company to stop trading and be…
You may choose members’ voluntary liquidation if your company is ‘solvent’…
The liquidator is an authorised insolvency practitioner or official…
When a liquidator is appointed, directors: no longer have control of the…
Your company’s bank account will be frozen when someone files a petition…
Use this form to notify Companies House of a statutory declaration of solvency.
Use this form as a statement of a company's capital when reducing capital under section 644 and 649 of the Companies Act 2006.
What happens if your company cannot pay its debts and is given a court judgment, statutory demand or winding-up order by your creditors
An alternative to liquidation - reschedule payment to creditors to recover from insolvency
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