{"id":6573,"date":"2019-08-26T10:13:38","date_gmt":"2019-08-26T09:13:38","guid":{"rendered":"https:\/\/www.qualitycompanyformations.co.uk\/blog\/?p=6573"},"modified":"2024-11-08T12:04:15","modified_gmt":"2024-11-08T12:04:15","slug":"closing-a-company-a-guide-to-voluntary-dissolution-and-strike-off","status":"publish","type":"post","link":"https:\/\/www.qualitycompanyformations.co.uk\/blog\/closing-a-company-a-guide-to-voluntary-dissolution-and-strike-off\/","title":{"rendered":"Closing a company \u2013 a guide to voluntary dissolution and strike off"},"content":{"rendered":"
\n Last updated: 8 Nov 2024<\/strong>\n <\/div>\n \n

Closing a company and having it officially stuck off the Companies House register comes with a set of very strict rules and processes. Whatever your reason for winding up your company, this article will take you through the procedures involved with company dissolution, also known as ‘strike off’.<\/p>\n Our Company Dissolution Service - close your company today<\/span><\/a>\n \n

What are the differences between closing a solvent and insolvent business?<\/h3>\n

If your business is solvent (it has money in the bank and is able to pay its creditors), you can apply to get your business struck off the companies register<\/a> or (ii) start a Members’ Voluntary Liquidation<\/a> (MVL).<\/p>\n

If your business is insolvent, you\u2019ll need to follow a Creditors’ Voluntary Liquidation<\/a> (CVL) process.<\/p>\n

These are voluntary processes, as opposed to a Compulsory Liquidation which is forced on a business by its creditors.<\/i><\/p>\n

Are there conditions for getting my company struck off the Companies Register?<\/h3>\n

To get your limited company struck off the Companies House register, certain conditions apply:<\/p>\n