Home | News & Events | I want to wind-up my limited company. How do I do this and what are the potential personal consequences?
Business Debt Recovery

I want to wind-up my limited company. How do I do this and what are the potential personal consequences?

Lewis Jackson
Trainee Solicitor
Published 1 January 2021
I want to wind-up my limited company. How do I do this and what are the potential personal consequences?


The legal process to wind up a limited company may seem as a straight-forward technical process. However, the consequences should always be reviewed – have you give any personal guarantees; and what are your financial interests in the company?

At the same time, it is an offence to continue to trade a company which is insolvent. Your accountants can best advise if this threshold is me

Share

Want to discuss the issues raised in this blog?

To contact Joanne on any of the issues raised in this blog call 01228 516666 or to arrange a call back, enter your details in the form and we’ll be in touch as soon as we can.