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Close a company correctly with Marchford.

If you are experiencing problems within your business, from debt, HMRC tax arrears or pressure from creditors, our experienced team can help you today.

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We have helped hundreds of company directors over the years

Our reviews speak for themselves. Please get in touch if you need help, or would like to speak to one of the team.

Marchford are perfectly placed to guide you through the entire process of closing your business correctly, saving you time, stress and money.

If your business is struggling and you are thinking of closing it down, the Marchford team can help clear all of your business debts while taking away the hassle and worry that comes with trying to navigate what can be a minefield, putting your mind at ease in the process.

We take care of everything necessary to get your business closed in the most suitable and cost-effective way.

Our team has combined 40-plus years of experience in supporting company directors and is made up of trained accountants, arrears experts and customer success managers who work hard on your behalf to make sure that you are looked after and get the results you want.

close a company

Your options for closing a limited company in the UK

If you are looking to close a company in the UK, you have two main options. We can help guide you through the process.

Liquidate a Limited Company

If your business cannot pay what it owes, then it is insolvent and you may find that liquidation best suits your individual company circumstances.

Dissolve a Limited Company

There are lots of reasons why a company dissolution may be the best option for you. The business may no longer serve its purpose, or perhaps it is simply sitting dormant.

Why close a company with Marchford?

We have a long, proven track record of helping directors close their limited companies. When working with Marchford you can be sure that our team really does care and do our utmost to make the experience a good one.

Protect Your Assets

Minimising the impact on company and personal assets is one of our priorities for the clients we work with.

Stop Creditor Actions

We take control of your limited company and deal with all creditors on your behalf directly and professionally.

Fixed Fees

Our fees are fixed so that you always know exactly where you are. There are no nasty surprises. Ever!

Specialist Service

We professionally and correctly handle the closure of your company, helping maintain your integrity as a director.

If you’d like to speak to one of our team regarding closing a limited company, you can request a callback for a free and confidential consultation. Alternatively, you can request a quote online by completing our one minute quote form.

How Marchford Can Help You Close Your Company

If you’ve decided to close a company, it’s important to choose the right approach—one that suits your company’s financial position and protects you as a director.

At Marchford, we support directors through both voluntary dissolution and liquidation. We’ll help you understand the options, meet your legal obligations, and manage the process from start to finish with clarity and care.

Whether your company is solvent and no longer needed, or facing creditor pressure and unable to pay its debts, we’ll make sure it’s closed down properly.

Which Company Closure Route is Right for You?

There are two main ways to formally close a limited company:

  • Company Dissolution – A low-cost, straightforward way to close a company that has no debts, is no longer trading, and meets the criteria for strike-off. Ideal for dormant or solvent companies with no ongoing obligations.

  • Company Liquidation – A formal process used when a company has debts to settle or needs to be wound down in a structured way. This includes both Creditors’ Voluntary Liquidation (CVL) for insolvent companies and Members’ Voluntary Liquidation (MVL) for solvent companies.

If you’re unsure which option is appropriate, our team will assess your situation and explain the best route clearly—helping you close your company with confidence and compliance.

Why It’s Important to Get It Right

Closing a company may seem straightforward—but doing it incorrectly can lead to penalties, ongoing responsibilities, or personal risk.

We make sure everything is done properly, from meeting legal deadlines and notifying creditors to ensuring HMRC compliance and avoiding unintended consequences.

With Marchford, you’ll have an experienced team on your side—working to protect your interests and bring your company to a close in the right way.

For free confidential advice, get in touch today.

Get free, confidential advice today.

Enter your details and a client advisor can find you the right solution.

By submitting this form, I give Marchford permission to contact me. More information can be found in our privacy policy here

Business Advice Expert

Hannah Paull

Director Advice Line: 01752 874856

Close a Company: FAQs

When you need to close a company, we understand that this can be a stressful time and for most there may be many questions you have. We have compiled answers to the most common questions we get asked when directors want to close a company.

Please do not hesitate to get in touch if you wish to speak to someone.

Dissolution is a simple, low-cost method to close a company that has no debts and has ceased trading. Liquidation is a formal process used when the company has outstanding debts or needs to be wound up in a structured way.

If your company is debt-free and has not traded for a period of time, dissolution may be suitable. If there are debts or unresolved liabilities, liquidation is likely to be the correct route. We can assess your position and advise accordingly.

Yes, but not through dissolution. If your company has debts it cannot pay, liquidation—usually a Creditors’ Voluntary Liquidation (CVL)—is the correct process to deal with those liabilities properly.

Yes. Once the company is officially dissolved or liquidated, it ceases to exist as a legal entity and cannot trade or enter into contracts. A dissolved company can only be restored in limited circumstances.

Yes. Once the company is officially dissolved or liquidated, it ceases to exist as a legal entity and cannot trade or enter into contracts. A dissolved company can only be restored in limited circumstances.

Yes. Closing a company—either through dissolution or liquidation—does not prevent you from starting or managing another company, unless you’ve been disqualified as a director (which is uncommon when the process is done properly).

Assets must be dealt with before closure. In a dissolution, they should be removed before applying. In liquidation, assets are sold and distributed to creditors or shareholders depending on the process.

Yes, particularly in a dissolution. If there are outstanding tax returns or debts, HMRC may object to strike-off. We’ll help ensure everything is in order before the application is made.

Dissolution usually takes around 3 months from application to strike-off. Liquidation timescales vary depending on complexity, but most cases progress significantly within 6–12 months.

Absolutely. We’ll review your company’s situation and provide clear, confidential advice on the most appropriate and cost-effective closure route.

Need to Close a Company? We’re Always Here to Help.

Whether your company is solvent or struggling with debts, we’ll help you choose the right closure route and take care of the process from start to finish.

Get in touch for clear, confidential advice. No pressure—just straightforward guidance to help you move on with confidence.

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