Entrepreneurs' Relief

[mdianuk]

Has anyone been through this process by disposing of all or part of their company? Was it a straight forward process? What are the restrictions on disposing of a limited company but then continuing to operate part of that business as a sole trader; or even retaining part of the company that still trades?

Any pointers appreciated, as one of my companies is slowly wrapping up for the majority part, but other sister companies under the same parent trading name continue to do ok.