The process involves you, as the company director, selling your business to one of our trusted partners or clients for a nominal fee, often as low as £1, to fulfill legal contract requirements. The buyer is fully aware of the financial condition of the company, including any debts or liabilities. The entire transaction is overseen by solicitors to ensure compliance with legal standards. All necessary stakeholders, including creditors and Companies House, are officially notified of the change in ownership.

Yes, this process is fully legal. The sale is overseen by qualified solicitors who ensure that every step complies with UK laws and regulations. Once the sale is completed, the new owners take responsibility for the company, and the outgoing directors are freed from both past and future liabilities.

Once the company is sold, the new owners assume all financial responsibilities, including any existing debts. As the former director, you will no longer be liable for these debts, and creditors will be informed of the ownership transfer. From the moment the sale is finalized, you are released from any obligation to repay these debts.

ur buyers are offshore incorporations that specialize in corporate structures and the management of distressed companies. They are fully aware of the company’s financial condition, including any outstanding debts. Once the sale is completed, the ownership and responsibility for the company are entirely transferred to these offshore entities.

What happens to your company after the sale will no longer concern you, as it is no longer your responsibility. You will be legally and financially separated from the company, meaning you are free from any past or future liabilities related to the business, giving you a clean and worry-free exit.

No, your creditors cannot legally object to the sale of your company. The sale is a private transaction between you and the buyer, and as long as the process is conducted legally, creditors have no authority to block the sale.

However, creditors will be officially notified of the change in ownership once the sale is completed. From that point onward, any debts or obligations owed by the company will become the responsibility of the new owners, and you, as the former director, will no longer be liable. The process is overseen by solicitors to ensure everything is handled correctly and in accordance with the law.

Whether your company will be struck off is solely at the discretion of the new owners. They may choose to strike it off from Companies House or use it as part of a broader strategy, such as offsetting losses through various corporate structures. However, this decision is entirely out of your hands once the company has been sold. You will have no further involvement or responsibility for what happens to the company after the sale, as it no longer concerns you.