Long time lurker - I signed up to request some advice. Limited Company Incorporated - March 2013 I am the Sole Director. I work in the manufacturing industry as a contractor. My current employer wants to give me a permanent position and therefore my LTD company would be surplus to requirements. I am up to date with my accounts my 16-17 accounts were paid on time in December, but this put me into my overdraft. This is a carry over from my first 1-2 years of operating whereby I did not leave enough cash in the business to cover accounts, tax etc and the amount I've gone into my overdraft has reduced each year since. Currently, I am in my business overdraft by £1300 but this will reduce weekly by around £200 until the date whereby my employment would become permanent - if I take the role I expect this to be in the next 6-12 weeks. I have no requirement to submit my 17-18 accounts yet and I am already unregistered from VAT and paid up. How do I go about closing the business in view of the fact that my 17-18 accounts wouldn't be due until December '18? What do I do about my self assessment tax? The likelihood is that I will be out of my overdraft by the time I take up perm employment but would I be liable for any other costs, as obviously there will be little to no money within the business to account for these.