Winding Up A Limited Company In The UK, Free Advice — companydebt.com

If your company is solvent and you want to wind up your company then you should consider a members' voluntary liquidation. This is relevant when winding up a company voluntarily as long as it does not have any debts. If your company is insolvent and cannot afford to pay the bills on time then you may want to consider a creditors' voluntary liquidation for your company. This allows you to write off unsecured company debts that are not personally guaranteed whilst winding up a business.

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