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How do I shut down my limited company?

If you operate a limited company, there might come a time that you want to stop trading for whatever reason. The way you close a limited company depends on whether it’s solvent (it can pay any debts) or insolvent (it has debts which it can’t pay).

Our video explains how to close down a limited company depending on its circumstances.


Can I restart a limited company if I close it?

You can apply to Companies House and request administrative restoration so that a limited company you have closed can be restored and start trading again. Restoring a limited company might mean that you need to supply any outstanding documents, or pay any filing fees or penalties.

Download our guide for more information about closing down or restoring a limited company, or contact one of the team for more information about our accounting services for limited companies.

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The number of monthly transactions you have entered based on your turnover seem high. A transaction is one bookkeeping entry such as a sale, purchase, payment or receipt. Are you sure this is correct?

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