A dormant company still exists and may still have obligations, even though it does nothing. The decision question is whether it is worth keeping, whether it can serve a purpose again, or whether closing it removes a standing burden.
A company that is not trading may still have formal duties, depending on the place, and the owner can still be exposed if they are missed. What exactly is required varies, so we do not state it. The review lays out what to ask and what the choices are.
Makes sense if there is a likely future use, a name or licence worth preserving, or a cost low enough not to matter. The risk is forgetting it.
Fits if a new plan needs a vehicle that already exists. Check that its history, records and ownership are clean before using it.
Removes the ongoing burden, but also its history, name and any assets or claims. Needs the right sequence of steps; confirm with a licensed professional.
Bank balances, contracts, claims, intellectual property or debts all change the answer.
A realistic plan to use it differs from a vague hope.
A company that has fallen behind needs a different route from one that is current.
Ownership and residence of the holders affect which routes are practical.
This is business and structuring analysis, not legal, tax or investment advice. Where a legal or tax opinion is needed, we say so and point you to a licensed adviser.
That is a risk in some places because duties can continue. The review lists it as something to confirm.
No. Closure is carried out by local professionals; the review helps you decide whether to proceed.
No obligation. We read your request and reply with a straight answer.
Describe your plan and your constraints. We reply with what we would look at first.
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