Closing Down Your Business

Closing down a business can happen for a number of reasons. It can be part of a wider business strategy such as a transfer of assets to a corporate entity or it could be a decision based on more delicate circumstances.

We assist with all solvent business closures, including company strike-off, voluntary liquidation and partnership dissolution.

We will advise on the wider implications of closing down a business, for example what happens with your assets, contracts and employees. We’ll also advise who you need to inform of the business closure and the liability position of the Company or key people (partners, company directors etc).

Unfortunately, we are not currently able to deal with insolvent business closures.

We work closely with all our clients to build a deep understanding of the business and the client’s objective. We hope to be a helpful partner for businesses at every stage of life.

We will meet with you at your convenience to discuss the proposed closure and gather all necessary information. We will prepare all key paperwork, advise on radial issues that may arise out of the closure – such as how to deal with employees and redundancies – and keep you updated on progress.

A named member of the business team will handle your account, and a member of the team will always be available to speak to on a day to day basis.

I like your communication skills and thoughtfulness to actually help. It was very humbling at a stressful time.

 

The team
Victoria Matthews
Victoria Matthews

Chartered Legal Executive and Head of Business