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Closing a Limited Company with Debts?

Anderson Brookes Insolvency Practitioners help directors close limited companies with debt quickly, legally and with expert guidance every step of the way.

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Licensed Insolvency Practitioners for Directors and Business Owners

Struggling to Close Your Limited Company with Debts?

If you’re a company director under pressure, we’re here to help. At Anderson Brookes, we specialise in helping directors close down limited companies with debt - quickly, legally, and without judgment. Whether you're dealing with HMRC arrears, bounce back loans, or supplier debts, our licensed insolvency practitioners can guide you every step of the way. You don’t need to go through it alone.
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Why Directors Choose Anderson Brookes

With more than 25 years’ experience and thousands of directors helped, we’re trusted by business owners across the UK. You can speak directly with an expert insolvency practitioner and we’ll help you understand your options clearly and quickly. We specialise in working with small and medium businesses and we understand your perspective and priorities. 

Ready to
Move On?

If you’re ready to close your company, stop creditor pressure, or just want to understand your next steps, we’re here to talk. 

Call us now on 0800 1804 933 or request a call back - we’re here to help.

Our Services

Anderson Brookes is an independent insolvency service for SMEs, offering straight-talking advice and fast, affordable solutions when a limited company faces financial difficulty.

Company Liquidation

Close your limited company properly with expert help. Whether you’re under pressure from creditors or struggling to pay staff and suppliers, we’ll guide you through a fast, legal Creditors’ Voluntary Liquidation (CVL). Most cases are placed into liquidation within 8 days, helping directors move on with peace of mind.​

Bounce Back Loan & HMRC Debt Help

Falling behind on tax or Bounce Back Loan repayments? We specialise in helping directors with HMRC arrears, VAT, PAYE and loan debt - often writing off what’s owed through liquidation. Speak to a licensed insolvency practitioner today and avoid unnecessary stress or risk.

Limited Company Debt Advice​

If your company can’t pay its bills, it’s time to act. We help directors understand the safest and most cost-effective way to deal with company debt. We’ll explain your legal duties, stop creditor action where possible, and take care of the process from start to finish.
 

Director Support & Redundancy Advice​

Directors of insolvent companies may be entitled to redundancy pay and other benefits. If you’ve been working for your business and paid through PAYE, we’ll check if you qualify. Many directors claim thousands to help with the cost of liquidation. This can make a real difference when facing the pressure of closing your company.

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20+

Years Of Experience

Why Work With Us

Specialists in Business Debt

We’re not accountants or solicitors. We focus solely on insolvency and limited company debt, which means we’ve developed a faster, more streamlined service built around what matters to you.

Quick Company Closures

We help directors close their companies quickly - often within just 8 days. Stopping creditor pressure and giving you space to move forward.

Straightforward, Human Advice

You’ll speak to a licensed insolvency practitioner who’ll explain your options clearly - with no jargon, no judgement, and no pressure.

Lower Costs, No Surprises

Our focused service means we keep our fees affordable and transparent, often saving thousands compared to larger or less specialist firms.

Sectors We Support

We support company directors in every sector, from construction firms and logistics companies to pubs, cafés, restaurants, hotels, retailers and manufacturers. Our advice is always clear, confidential and shaped by real experience in your industry. Whether you’re dealing with unpaid tax, supplier pressure or falling income, our team understands the challenges and will guide you through the best next steps.

You are not alone. At Anderson Brookes, we help thousands of company directors close their limited companies.

In England & Wales

Company
liquidations

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Creditors’ Voluntary Liquidations (CVLs). 75% of all insolvencies! 

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Compulsory Liquidations. Increased by over 30%. 

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Administrations. Fell by 20% in the last 12 months. 

Can you liquidate your limited company?

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Testimonials

Our clients praise our professionalism, reliability, and the exceptional support we provide during challenging times, helping thousands of company directors through insolvency, liquidation, and business debt solutions.

"We had the unpleasant, highly stressful experience of being the Directors of a business that was beyond help, despite our best efforts. Jon was absolutely brilliant, going way above and beyond. Not only was Jon a professional, knowledgeable person helping us go through the process of a liquidation, but he was also a safe pair of hands, and an empathetic voice to discuss even the tiniest detail with. He never rushed us, he used language that we understood and he was an excellent communicator. Jon made a very stressful, upsetting time feel manageable and in control."
Madeleine Cole
"It has become very unfortunate that the company has had to go into administration. Anderson Brookes have bee efficient, reactive to our needs and totally communicate every step of the way. The experience whilst personally been painful to have to make such a decision, the company dealing with these affairs have acted professionally and been responsive to our questions."
Derek Clarke
"Fantastic service and company from start to finish. Isabel Cross looked after my case she was very informative, professional, reassuring and reliable. I cannot thank you enough!"
Marianne YatesCEO
"From the first call I received from Anderson Brookes I was very impressed with how friendly and professional they were. I agreed to take them on to liquidate my company and very pleased with my decision. All done and dusted in very quick order."
Lynne BullCEO
"First Class Company, Friendly, Knowledgeable, Caring, Most Helpful And Give Great Peace Of Mind. They Took All The Worry And Weight Off My Shoulders And Gave Me Great Peace Of Mind To Let GoOf My Problem. Thank You Ever So Much Rebecca Marsden And Her Team.
Ray Gowrie
"Amazing company who conducted our liquidation very thoroughly and professionally, I was fortunate enough to have Jon Rudd as my case manager who helped me every step of the way. Highly recommended and a big thank you to you Jon!"
Lewis Beaumont
"With the help of Anderson Brookes I now have a massive weight of my shoulders. They were very helpful from start to finish."
Andrew Colley
"Great service. I wish I got in touch earlier. I'm finally getting some proper sleep. Thank you to Emmie and the team 🙏"
Vie Sidibe
"I used Anderson Brookes when I got into bother with my ltd company. After getting other prices and talking with different companies I felt happiest with these. Great service helped throughout and any questions I had (I had a lot) they were more than happy to answer and put my worries at ease. Top marks thank you to everyone that has helped"
Luke Singleton
"I was assisted every step of the way by Rebecca and her team. Eddy was very helpful through the entire process. I would highly recommend Anderson Brookes to anyone going through a similar situation to me."
James Cockney

Frequently Asked Questions

Have a company in England or Wales? These are your limited company business debt, liquidation and insolvency questions answered.

No. Only a Licensed Insolvency Practitioner can place a company into liquidation. 

Placing the company into liquidation will stop debt enforcement, including bailiff action. The directors are usually in control of the process and can choose the liquidator. In most cases, it can be completed within two weeks without needing to attend any formal meetings. Company debts are usually written off unless they are personally guaranteed. Directors who act responsibly can show they handled the company’s financial affairs properly.

No. Only a Licensed Insolvency Practitioner can liquidate a company. A director can apply to dissolve a company through Companies House, but only if certain conditions are met. If the company is insolvent, it may be a criminal offence to apply for strike-off. Always take professional advice before doing this. If you think you might qualify for dissolution, call us and we’ll explain the process. See our Strike Off vs Liquidation page. 

This happens when a creditor applies to court to wind up a company due to non-payment of a debt over £750. If the court agrees, the company is placed into compulsory liquidation. This often leads to more problems for directors, who may find it harder to defend against accusations such as wrongful trading. It is usually better to start the process voluntarily.

It depends on your situation. In most cases, the directors do not pay the costs personally. The liquidation is paid for using company assets. We are a specialist practice with lower overheads and efficient systems, so we offer some of the most competitive fees in the UK. All costs will be confirmed in writing before we proceed. You may also be interested in CVL Costs. 

This is a new limited company that starts after an old one has gone into liquidation. It allows the business to carry on with the profitable parts of the original company. There are strict rules about reusing a company name, so it’s important to get advice before going ahead. See our glossary which simply explains all liquidation and insolvency related terms. 

An MVL is used when a company is still solvent and can repay all its debts. It may be the right option if directors want to retire or step away from the business. MVLs can offer tax benefits, but they must be handled by a Licensed Insolvency Practitioner. We explain all types of liquidations in detail here. 

If a company is insolvent and directors carry on trading, they may be accused of wrongful trading. A director could be held personally liable if they knew, or should have known, that the company couldn’t avoid liquidation and did not act to reduce losses. Acting early helps reduce this risk.

No. Most people who contact us do not need formal insolvency procedures. We help explore all the options, including self-help and informal solutions. If formal action is needed, our Licensed Insolvency Practitioner can act for you directly.

See further FAQs.  

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