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Statutory Demand – Pros and Cons

What is a statutory demand? A statutory demand is a written demand for payment of a debt served on either: An individual A company In general terms, a debtor who, for 21 days, fails to comply with a statutory demand for a debt of more than £750 (for companies), or a...

Dissolving A Company

Dissolving a company, also known as ‘striking-off‘ or ‘dissolution’, has the effect of removing the business from the registrar of companies at Companies House, so annual returns and accounts no longer need to be filed. Unlike other methods of closing a business,...