How to Liquidate a Limited Company in the UK Without Hassle in 2025

Leave a Comment / Accounting, Company Liquidation

Liquidating a limited company in the UK means legally closing the business and handling all debts and obligations correctly. Business owners may need to liquidate due to financial difficulties, a decision to close a solvent company, or restructuring plans. This article will explain the liquidation process step by step, helping you close your company without […]

How to Liquidate a Limited Company in the UK Without Hassle in 2025 Read More »

Everything about MVL, CVL, Compulsory liquidation

Everything You Need to Know About CVL, MVL, and Compulsory Liquidation

Leave a Comment / Accounting, Company Liquidation

Business liquidation is the formal process of closing a company. It involves selling the company’s assets to repay creditors. This can happen for various reasons, such as financial trouble or the company fulfilling its purpose. There are three main types of liquidation Creditors’ Voluntary Liquidation (CVL), Members’ Voluntary Liquidation (MVL) and Compulsory Liquidation. Each type

Everything You Need to Know About CVL, MVL, and Compulsory Liquidation Read More »

Private vs Public Limited Companies in the UK: Which Structure Suits Your Business?

Leave a Comment / Accounting, Business, Limited Company

When starting a business in the UK, selecting the right company structure is important as it impacts operations, fundraising, and control. Limited companies offering limited liability protection to safeguard personal assets are a popular choice. The two main types are private limited companies (Ltd) and public limited companies (PLC). Understanding the differences between these structures

Private vs Public Limited Companies in the UK: Which Structure Suits Your Business? Read More »

A Guide to Claimable Expenses for Limited Companies in the UK

Business, Accounting, Limited Company

Running a limited company comes with different costs, but many of these costs can help reduce your tax bill. Claiming the right expenses ensures your company remains tax-efficient and compliant with HMRC rules. In this article, we’ll explain Claimable Expenses for Limited Companies in the UK to help you understand what you can and cannot

A Guide to Claimable Expenses for Limited Companies in the UK Read More »

Corporate Finance Tips for Startups in London: A Guide to Growth

Business, Accounting

Starting a business in London is exciting but challenging, especially when it comes to managing finances. Corporate finance helps startups allocate resources wisely, plan for growth, and tackle the high costs of operating in the city. In this article, we’ll discuss key strategies, including building a financial plan, exploring funding options, and using technology to

Corporate Finance Tips for Startups in London: A Guide to Growth Read More »

Everything You Need to Know About CIS Returns

Business, Accounting

The Construction Industry Scheme (CIS) is a tax deduction system specifically designed for the UK construction industry. Understanding CIS returns is crucial for contractors and subcontractors to stay compliant and maximise potential tax refunds. Whether you’re new to the industry or simply looking for a clearer understanding, this article will walk you through the basics

Everything You Need to Know About CIS Returns Read More »

How to Prepare Accurate Annual Accounts for Your Limited Company

Business, Accounting

Preparing annual accounts for a limited company might seem challenging but with a straightforward approach, it becomes much more manageable. Annual accounts are essential financial reports required to ensure compliance and offer a clear picture of a company’s financial standing. In this article, we’ll cover the main elements of annual accounts, go over the filing

How to Prepare Accurate Annual Accounts for Your Limited Company Read More »

What Are the Two Types of Limited Companies?

Accounting

A limited company is a business structure that provides limited liability protection to its owners. In the UK, limited companies are mainly categorized into two types: those limited by shares and those limited by guarantee. Each type has distinct characteristics and serves different purposes. Let’s break down these two types to understand their key differences.

What Are the Two Types of Limited Companies? Read More »

How to Claim Unclaimed Child Trust Fund Money

Accounting

If you or someone you know is between 18 and 22, there could be unclaimed cash waiting in a Child Trust Fund (CTF). HMRC recently announced that over 670,000 young adults in this age range have unclaimed CTFs, with an average balance of over £2,000. Here’s everything you need to know about checking and claiming

How to Claim Unclaimed Child Trust Fund Money Read More »

Best Practices for Running a Successful Limited Company in the UK

Accounting, Business

Operating a limited company in the UK can bring both benefits and difficulties. Understanding and implementing best practices can significantly impact your company’s success. Whether setting up a new venture or managing an existing one, these guidelines will help you stay compliant, efficient, and competitive. In this article, we’ll cover essential best practices for running

Best Practices for Running a Successful Limited Company in the UK Read More »