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How to dissolve a limited company

The different options for closing a limited company and how to report it to HMRC.

Depending on your company’s status, there are a few different procedures for dissolving it from the Companies Register. 

You can close your company by getting it ‘struck off’ from the Companies Register if it meets the following criteria: 

  • It hasn’t traded or sold any stock in the last 3 months
  • It hasn’t changed names in the last 3 months
  • It isn’t threatened with liquidation
  • It has no agreements with creditors, eg a Company Voluntary Arrangement (CVA)

If all of the above applies to your company, follow this gov.uk guide for striking off a limited company. 

If your company doesn’t meet these conditions, you’ll have to voluntarily liquidate the company instead. 

There are three types of liquidation: 

  • Creditors’ voluntary liquidation: your company cannot pay its debts and you involve your creditors when you liquidate it.
  • Compulsory liquidation: your company cannot pay its debts and you apply to the courts to liquidate it.
  • Members’ voluntary liquidation: your company can pay its debts but you want to close it.

This gov.uk guide has step-by-step instructions for all types of liquidation. 


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