Why You May Need to Dissolve a Company in the United Kingdom

There’s often some confusion between liquidation and dissolving a company; they are not the same thing. You can only dissolve a solvent-limited company, i.e. one without any debt. If the company is carrying debt, i.e. is insolvent, it has to be liquidated. Now we’ve clarified the two, how long does it take to dissolve a limited company in the UK and what’s the process?

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