If these conditions are in order, there are several steps that you’ll need to carry out to legally close down the business and dissolve the company:
IMPORTANT NOTE: You will need to keep records of your business documents for 7 years after the company is struck off the register. If you’ve employed people, you must keep the employers liability insurance policy for 40 years from the date of the company dissolution.
Companies House will be in touch when it receives the DS01 form and if everything is in order, you will receive written acknowledgement. Companies House will advertise the request to strike the company off in the London Gazette. This will have a 2 month notice period attached to it
You are not required to use an insolvency practice when dissolving your company, however some business owners prefer us to oversee the process for them. We charge a flat fee of £900 plus VAT to do this. Feel free to contact us for more information.