Closing Ltd Company

Closing Ltd Company

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Hi

I have a client who want to close a ltd company.His company has only one invoice since its incorporation last year.Annual Return due in November and CT due next year if course.

I'll be grateful for any expert advice on how to process his request in order to close his company?

Will his company still be liable for annual return and CT ??

Replies (3)

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Locutus of Borg
By Locutus
02nd Aug 2013 14:02

Simple

I presume this "one invoice" is a sales invoice.

Prepare some accounts (shorten the accounting reference date if you don't want to wait until the default year end), file the corporation tax return and accounts with HMRC, pay the corporation tax, then apply to Companies House to strike off the company.

If you manage to do all this before November, then you won't have to bother with filing the Companies House annual return.

Thanks (1)
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By law man
02nd Aug 2013 14:21

Striking off a company

I agree with Locutus. Before applying to strike off: pay off all liabilities, collect in assets, and distribute final net cash balance. Detail of striking off: file form DS01 with a fee of £10.

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By ArsalanShah
02nd Aug 2013 17:02

Thanks for you replies.

Any suggestions about any paid up/unpaid share capital?

Thanks

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