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To explore how we can help you personally or your business, please call for a FREE initial discussion or meeting with Hazel (a Chartered Accountant), with no obligation.

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Balanced Accounting LLP, Unit K, The Brewery, Bells Yew Green Road, Tunbridge Wells, Kent TN3 9BD
0330 111 5010

Winding Up a Company

Winding Up a Company

HomeWinding Up a Company

Winding Up a Company

People begin winding up companies for all sorts of reasons, including when they become employed elsewhere and as part of personal retirement plans.

Regardless of the reason for winding up your company, it’s imperative that you get in touch with an accountant (preferably us!) before you begin the process.

The winding up process presents significant tax planning opportunities on the one hand and the risk of losing assets on the other. The latter can occur, for example, when assets remain within the business at the striking off date, which can happen unless certain procedures involved in the company winding up process are performed in a particular order.

When a company has already been wound up, it can be very expensive to get it reinstated with Companies House, so these issues are best addressed by consultation in advance of taking any action.

We appreciate that the decision to wind your company up may have been stressful and emotional, which may leave you feeling inclined to simply “get on and be done with it”.

However, seeking our support for this final stage of your company’s journey could end up saving you a lot of money. So if you’re considering or are even part way through winding up a company without having first taken professional advice, please do get in touch.

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Call us on 0330 111 5010 or send an enquiry via our contact form to learn more about how we can help you with tax and accountancy services.

TESTIMONIALS

What some past and present clients have had to say

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Hazel has the right balance of professionalism and approachability, coupled with first-rate accountancy expertise and advice. Queries are dealt with quickly and efficiently, and she is always on the end of the telephone to talk through any questions we may have. I can confidently recommend Hazel and Balanced Accounting to anyone looking for an accountancy firm that has your best interests at heart.

Victoria Usher / GingerMay PR

Looking back at how Hazel has managed our accounts since 2010, it is hard to imagine how we managed before without her pro-active and unquestionably professional guidance. Whilst always coming across as friendly and approachable on a day-to-day basis, Hazel / Balanced Accounting provides efficient expertise and an invaluable service to our company.

Graeme Hall / ifour

I found Hazel via her helpful replies on a UK business forum. I was specifically looking for a switched-on, friendly accountant who understood how an agile, modern online business operates. Her forum replies echoed the experience I have had since choosing Balanced Accounting - calm, knowledgeable, patient and fully in control. I have come to rely on Hazel completely and am very happy to do so. Highly recommended and a breath of fresh air!

Kevin Browning / Blue Light Internet

Hazel has provided our companies with a superb service. We decided to use Balanced Accounting because of their ethical approach and have been delighted with what they have achieved for us and their very friendly and personal touch. As people new to the world of limited companies they have guided us every step of the way and made our accounting very easy to manage. We could not have asked for more.

Crichton and Susan Casbon / Crichton Casbon Consulting and IgnitED

Hazel Wells at Balanced Accounting works for us as Company Secretary and accountant for our estate management company. Quite a complex set up in a small way, but the work has been done with speed, efficiency and, in some tricky situations, a good deal of diplomacy. As a small organisation the personal touch is very evident and very welcome.

Anon / Prefers privacy
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