Winding up a company for a director is like getting on a giant Helter Skelter as you will always find that there is one more turn that you didn’t quite expect.
Some directors, when they want to wind up a company that they own, issue a Winding up Petition.
In many cases the result is the same as a creditor winding up the company – the Official Receiver would get involved and a possible investigation would take place.
When winding up a company, if there is no business to salvage, then a Voluntary Liquidation may be better as the very predictability of the process often suites directors, if only to the extent that the director will always know who to speak to and be able to keep in contact.
If you want to look into Winding up a Company then it makes good sense to Call TaxGone on: 01302 815846 so that every angle can be looked at before committing yourself.
TaxGone - Company Voluntary Arrangement - CVA Specialists
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