Voluntary winding up a small Ltd. company.

[steveatesh]

I am looking at winding up my small ltd company (wife is the other shareholder) which is solvent. Apart from a healthy business bank balance There are a few assets Such as photography equipment and IT stuff of varying age and worth but which I will keep. There are no debts to a third party at all.

So just a shout out to anybody who has done something similar, or has knowledge of how to do this please for hints, tips and possible banana skins to watch out for. Is there a simple to follow process for this, has it got to be done through a professional of one type or another, and approx costs?

Reason is the changing business market making it simply not viable any longer.

Thanks in advance.

[steveatesh]

Thanks everybody for the above, no staff, no debts, none of the assets will have appreciated as they are just a camera equipment and a 6 year old Mac.

Just a shrinking market and the IR35 changes coming make it more challenging to do this now, so time to change back to self employed I think!

Appreciate your time with this.