Are you thinking about closing your company and striking it off the Companies House register? In this video, we will provide you with everything you need to know, including why you may need to dissolve a company, the eligibility criteria and the steps you need to take to meet it, applying to Companies House to dissolve your company, and what happens next.

Useful Links:
GOV.UK - Capital Gains Tax: what you pay it on, rates and allowances
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GOV.UK - Business Asset Disposal Relief
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GOV.UK - Making staff redundant
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GOV.UK - Stop being an employer
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GOV.UK – Cancel your VAT registration
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GOV.UK - Strike off a company from the register – Form DS01
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GOV.UK - Company director disqualification
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GOV.UK - Object to a limited company being struck off
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GOV.UK – Guidance on strike off, dissolution and restoration
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1st Formations – Registered Office Address Service
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1st Formations – Service Address
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Blogs:
1st Formations - What decisions can directors make without shareholder consent?
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1st Formations - What records do limited companies need to keep?
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1st Formations - How to restore a dissolved company
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1st Formations - Closing a limited company without paying tax
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Chapters:
0:00 Intro
1:08 What does it mean to dissolve a UK company?
2:48 Closing down your company before dissolution
3:01 Step 1 – Stop trading
3:23 Step 2 – Notify all interested parties
4:04 Step 3 - Deal with all business assets
5:34 Step 4 – Pay your employees
6:06 Step 5 - Settle all outstanding bills and debt
6:41 Step 6 - Deliver your final annual accounts and Company Tax Return to HMRC
7:10 Step 7 - End any contracts you still have
7:36 Step 8 - Close all company bank accounts
8:20 Apply to Companies House to dissolve a company
10:39 What happens after you have applied to Companies House and notified all interested parties

About 1st Formations:
1st Formations is the UK’s leading company formation agent. Founded in 2014, we have formed over 1 million companies and helped thousands of clients to grow their business with expert advice on limited companies, reporting requirements, and corporate governance.

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