Closing a UK Limited Company

Course details

Are you a Company Director or Company Secretary in the UK? If so, you have the legal obligation to maintain the companies accounts and records with Companies House (England and Wales). It is very easy to open a limited company in the UK, but there is less guidance available on how to close it down. This course is for those out there who wish to CLOSE their limited company. Perhaps you've been sitting in a dormant company for a while and want to close it down. If you've not been trading, then you may no longer have the need to keep the company going. Closing down the company reduces the paperwork for you and it's one less thing to remember to have to do.

There are fines and penalties for not keeping up with the paperwork. Some people realise that it's not worth keeping a company open, so they want to close it. It may be costing them a lot of money (annual accountancy filing fees etc.,) so it just makes more sense to close it down. It is not a good idea to just 'abandon' and walk away from a company without shutting it down correctly. It can come back to bite you.

This course guides you through the process in simple steps and we show you exactly what to expect when you close down a company - the letters, the online status and what you need to do, so that you do things correctly.

Why choose Edplx?

• Internationally recognised accredited qualification
• Access to our free career advisors
• Approved UK Learning Centre
• 1 year accessibility to the course
• Attain PDF or hardcopy certificate to show employers
• Study at your own pace anywhere
• Employer has access to certificate validation
• Tutor Support available Monday-Friday
• Invitation to job fairs

Course Curriculum

This Course will cover some of the following topics:-

Introduction to the course and your tutor

• Introduction to the course
• Downloadable Resource
• About your tutor
• Reasons why you might want to consider closing your company vs dormant

Closing the Company

• Closing a UK Limited company - the steps
• Closing the company

Closing the Bank

• Closing the bank
• Bank balance at NIL

Waiting period

• Letters of acknowledgment and online status

Conclusion and Next Steps

• Conclusion and Next Steps

Benefits

Edplx has connections and great business relationships with respectable companies within the job industry. This plays an important role in assisting all our students searching for internships, apprenticeships and part/full time jobs. We also provide all our students with the opportunities to speak to our talented career advisors and experts. You will also be invited to career fairs to give you the chance to present yourself to potential employers, once you sign up for it.

Certification

Upon completion of the course, internationally recognised certificates that can be traced by employers are available upon completion.

Who is this Course for

• Company Directors and Secretaries

Updated on 31 January, 2023