Wind up a company with debt

Closing a Limited Company with Debts?
Do It Quickly and Properly

Licensed Insolvency Practitioners for Directors and Business Owners

Free Confidential Advice for Directors - Speak to a Licensed Insolvency Practitioner Today

Fast and Stress-Free Solutions.

Start closing your limited company today. Placed into liquidation within 8 days. We fully understand that timing is critical.

Worried about your Bounce Back Loan?

Need to close your limited company? Speak to an expert who’s helped thousands do the same – even with company debts or creditor pressure.

Stop Creditor Pressure

Getting constant calls from creditors? Closing your company through liquidation can give you the relief to move forward.

Fast, Affordable, and Stress-Free Solutions.

How to Close Your Limited Company – Even If It Has Debts

Directors: Avoid Risks When Winding Up Your Company – We Handle Everything

If you're thinking, “I just want to close my company”, you're not alone. At Anderson Brookes, we help directors close or wind up limited companies quickly, legally, and affordably - often within 8 days. Whether you’re dealing with unpaid debts, creditor threats, or struggling to keep your business afloat, we’re here to guide you every step of the way.

Fast, Affordable, and Stress-Free Solutions.

Hear From Those We've Helped

Liquidate in 8 days

Get Free Advice Today!

Avoid Costly Mistakes – Get Expert Insolvency Guidance Now

Delaying action could lead to further legal complications and costs. Contact Anderson Brookes today for fast, effective advice.

Expert help, debt-free future

Why Choose Anderson Brookes?

Support and guidance throughout the process

With over 25 years of experience, we’ve helped thousands of directors and business owners just like you.

Professional & Ethical Support

As licensed ICAEW practitioners, we’re here to offer professional, ethical support.

Low costs and fast!

We are a specialist, specifically created to provide a better solution for businesses.

"I Want To Close My Company" FAQs

“I just want to close my company” – we are here to help. At Anderson Brookes, we help directors take fast, legal steps to wind up limited companies, usually within 8 days.

How do I close my limited company?

It depends on whether your company has debts.

  • If your company has no debts and hasn’t traded for three months, you may be able to apply for voluntary strike-off through Companies House.

  • If your company has debts or owes HMRC, a Creditors’ Voluntary Liquidation (CVL) is usually the best route. This is a legal process led by our licensed insolvency practitioner, where debts are written off and the company is closed in an orderly way. We need to check this is an option for you. 

We’ll help you understand the best option for your circumstances.

Can I still close my company if it has debts?

Yes. If your business owes money – including loans, unpaid tax, or suppliers – liquidation is often the safest and cleanest way to close it. At Anderson Brookes, we’ll deal with your creditors on your behalf and guide you through the process from start to finish. It’s designed to give directors peace of mind and a fresh start.

How long does it take to wind up a company?

We can start the process immediately and, in most cases, place your company into liquidation within 8 days. Timing matters – if creditors are threatening action or bailiffs have been instructed, fast intervention can protect you and the business. The sooner you speak to us, the more options you’ll have.

Can I use Companies House to close my company?

You can only use the Companies House strike-off route if your company:

  • Hasn’t traded for 3 months

  • Has no debts or legal disputes

  • Has settled all outstanding tax

If any money is owed, even to HMRC, strike-off is likely to be rejected or challenged. In that case, a formal liquidation is the proper route, and we can help you do that quickly and correctly.

What’s the difference between striking off and liquidation?

Striking off is a simple administrative process, suitable only for dormant, debt-free companies.

Liquidation is a formal insolvency procedure for companies that:

  • Have debts
  • Can’t afford to pay their bills
  • Are no longer viable

A CVL allows you to close the company lawfully, end all business activity, and write off any unsecured debts. It also offers legal protection from further creditor action.

What’s the Best Way to Close a Limited Company with Debts?

The most effective way is a Creditors’ Voluntary Liquidation (CVL), especially if you have company debts. This is a formal process led by a licensed insolvency practitioner. At Anderson Brookes, we help directors close their limited companies quickly and legally – giving peace of mind and stopping creditor action.

 

Ready to Close Your Company?

I just want to close my company – where do I start?

Start by speaking with our experienced team. We’ll provide free, confidential advice based on your situation. No jargon. No pressure. Just straight-talking guidance to help you move forward.

You can call us now on 0800 1804 934, request a quote online, or fill in the short form on this page – and we’ll be in touch right away.

What happens to my Bounce Back Loan if I liquidate?

Bounce Back Loans are treated like any other unsecured debt in liquidation – they’re written off as part of the process. You won’t be held personally liable if the loan was used correctly and there was no wrongdoing.

We’ve helped thousands of directors close companies and we’ll explain exactly what you need to know.

Will I have to pay anything personally?

In most cases, directors are not personally liable for company debts, especially when they’ve acted properly and taken advice. As licensed insolvency practitioners, our role is to protect you and ensure everything is done by the book.

We’ll explain your responsibilities clearly and flag anything you need to be aware of, including personal guarantees or overdrawn director’s loans.

How much does it cost to close a company?

We offer some of the most affordable CVL fees in the UK. Our clients often save thousands compared to other larger and non-specialist firms. 

 We’re here to help you move on without judgment, pressure, or delay. If you’re ready to take control, start the process today.

☎️ Call us now: 0800 1804 934
📧 Email: advice@andersonbrookes.co.uk

Timing Can Be Critical - Don’t Wait - Get Free Insolvency Advice

Ready to Close a Limited Company with Debts? Start Now - It's Fast and Legal

ANDERSON BROOKES GROUP

Anderson Brookes Insolvency Practitioners Ltd is a limited company registered in England and Wales; the company registration number is 10324159. Registered office, First Floor, Fairclough House, Church Street, Adlington, Chorley PR7 4EX. Rikki Burton ACA is licensed and regulated to act as an Insolvency Practitioner in the UK by the Institute of Chartered Accountants in England & Wales. Our VAT Registration Number is 249 5912 70. Data Protection: our ICO registration reference number is ZA201949. 

Anderson Brookes Insolvency Practitioners Ltd operate a complaints procedure. In the first instance, please call 01204 255 051 or email info@andersonbrookes.co.uk to request a copy of the complaints process. If we are unable to deal with your complaint to your satisfaction, your complaint should be made to the Insolvency Complaints Gateway by visiting their website https://www.gov.uk/complain-about-insolvency-practitioner and completing and submitting their online form. Alternatively, you can print the form from their website and send it by post to The Insolvency Service, IP Complaints, 3rd Floor, 1 City Walk, Leeds, LS11 9DA or contact them by telephone on 0300 678 0015 (Monday to Friday 9am – 5pm).