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Rakhi Vasavada
Rakhi Vasavada, Financial Advisor
Category: Finance
Satisfied Customers: 4550
Experience:  Attorney and Financial Expert. Have specialization in Financial Laws.Practice experience of over 13 years
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How long would ie take to wind down a tiny uk based ltd company

Customer Question

How long would ie take to wind down a tiny uk based ltd company with just the one shareholder.
Is there an express way of doi.e in a matter of days?
Submitted: 3 years ago.
Category: Finance
Expert:  Rakhi Vasavada replied 3 years ago.
Dear Friend,

Hello and welcome. Thank you for providing an opportunity to assist you.

I believe it is voluntary liquidation and winding up. In this case, from the time the resolution is passed, it should get over by maximum 20-22 days. The reason is even if it is only one shareholder, you will have to inform the interested entities such as HM Revenue & Customs, creditors, employees, if any, within 7 days. So, on liberal side, you should not take more than 20-22 days.

The following is for your general reference and information.

I am sure this would help.

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