How much does it cost to close a LTD company? The Directors Helpline director explains insolvency fees for business owners so they don't fall into the lowest-price-wins trap.
Which Insolvency Practitioner you choose to do the process is important, their fees can vary from £3,000 to £6,000 and insolvency is an irreversible process once engaged. If you have a directors loan or illegal dividends (i.e. YOU), the liquidator can pursue you personally.
Luckily, The Directors Helpline are NOT a costly call to make. We are a completely FREE service for you, the Director, and a call with us takes just 5 minutes.
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