Closing a limited company

[QwertyGroup]

Hi, I want to close a limited company. I know I will need to fill out form 652a. I am assuming I have to do a closing accounts or end of year accounts. The business has not been trading properly for the last year or so. Is there a checklist of things that you need to do or complete to close a limited company business. If I had all my accounts on an excel spreadsheet how much should it cost for accountant to do?

Thank you for your responses.

 

[CassioAcc]

Your company must not have been trading for the last 3 months, which I assume it has not and then you can submit your 652a.

Before this, you should make sure that the assets are dealt with else they become property of the crown. You should also check there are not any tax repayments to be dealt with.

You also need to prepare a final set of accounts.

Shouldn't cost too much for an Accountant to do it if you don't want to do it yourself.

 

[QwertyGroup]

Hi Aaron,

I know there can't be any trading for three months. The company no longer has any employees or assets. There are couple of things like mobile phone contracts which I will have to pay out of my own pocket. Do I have to prepare a final set of accounts before filling the form 652a or is it the other way around. Also, any idea of ball part figure I should be looking at if I choose to use an accountant?

 

[CassioAcc]

You should prepare the accounts before in case there is a repayment (else it will pass to the crown). You will also need to tell them the company has not been trading and an applicaton is being made to strike it off.

 

[QwertyGroup]

Can you or anyone give me a price for closing accounts. The company really doesn't have any money and I will pay from my own money. I also have a second limited company I want to close down. And that one has only couple of sales in it's entire history and a few purchases and it's been losing money, so if you can give me a price for both that would be great. Thanks.

 

[CassioAcc]

Sent you a PM

 

[QwertyGroup]

OK thanks. I sent you a reply.

 

[Robert Moore]

You will need to make sure that the creditors are informed if the company is closed down. Don't forget HMRC as they do have the power to resurrect a company after 20 years. They may object if there are arrears of tax

 

[doi_swilkinson]

Hi, I want to close a limited company. I know I will need to fill out form 652a. I am assuming I have to do a closing accounts or end of year accounts. The business has not been trading properly for the last year or so. Is there a checklist of things that you need to do or complete to close a limited company business. If I had all my accounts on an excel spreadsheet how much should it cost for accountant to do?

Thank you for your responses.

How old are these companies

 

[elaine@cheapaccounting]

You will need to make sure that the creditors are informed if the company is closed down. Don't forget HMRC as they do have the power to resurrect a company after 20 years. They may object if there are arrears of tax

How old are these companies

how old is this post :|:|:|

 

[doi_swilkinson]

how old is this post :|:|:|

Didn't spot that lol