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Dissolving Your Company

We can certainly help dissolve your limited company for you

If you decide you would like to dissolve your company, you can manage this directly from your dashboard. 

What does it mean to dissolve my company?

Dissolution is the formal process of closing your limited company. This removes it from the Companies House register and ends its legal existence.

What are my options for closing my company?

1. Standard Dissolution

  • For companies with no assets or liabilities.

  • Fee: £199 + VAT

  • Timeframe: 2–3 months from submission to Companies House strike-off.

2. Dissolution After Property Sale

  • For companies that have sold their property and need to distribute remaining funds.

  • Fee: £349 + VAT

  • Timeframe: 3–4 months, depending on final accounting and tax clearance.

If your company has over £25,000 in retained profit, additional tax and administration may apply

Can I withdraw funds before closing my company?

Yes, but it must be done correctly. Options include:

  • Dividend distribution (requires documentation and tax compliance).

  • Owner loan repayment (if a formal loan agreement exists).

How long does the entire process take?

  • Application to Companies House: Once submitted, it typically takes between 2-4 months for the company to be removed from the register, assuming no objections.

Please reach out to our team at gethelp@getground.co.uk if you have any questions or concerns about your termination, we would love to discuss this with you.