Fast Company Takeovers
Resign as a Director & Move On
If your company is struggling with Business Debt and you no longer wish to continue as a director, there may be alternatives to formal liquidation.
Our professional company transfer service allows eligible directors to step away from companies they no longer wish to manage through a structured and legally compliant change of ownership and control.
This may include companies with unsecured creditors, HMRC liabilities, cashflow difficulties or Business Debt such as outstanding Bounce Back Loans.
Why Directors Use our Services
Many of our clients are experiencing one or more of the following:
• Business Debt, Financial pressure and cashflow difficulties
• CCJs, bailiffs & debt firms chasing payments
• Stress from ongoing company obligations.
• Concerns regarding creditors such as HMRC, VAT, & banks
• The growing burden of running a limited company
• The company has failed to meet its filing obligations to Companies House and HMRC.
• Retirement, relocation or changing personal circumstances
• A desire to move on from a company they no longer wish to manage
Has Your Company’s Strike-Off Been Suspended?
Some directors contact us after noticing that their company’s strike off order has been objected to and suspended due to a Diss40 objection being lodged.
When this happens, the company remains on the Companies House register and the directors continue to be responsible for meeting their legal duties, including filing accounts and confirmation statements where required.
If your company’s strike-off has been suspended following a Diss40 objection, you may wish to explore alternative options for leaving the company.
Read more about Diss40 objections and company strike-off
To see our complete company takeover process, please visit our How It Works page.
Why Use Webuyanyfirm.com
Built on Trust, Experience and Confidentiality
Due to the confidential nature of our work, many clients understandably prefer not to publish online reviews. A significant proportion of our enquiries come through recommendations from previous clients, accountants and professional advisers who have first-hand experience of our service.
The Growing Burden Of Running A Limited Company
There are many reasons why a company director may decide that continuing to run a limited company is no longer the right option.
In recent years, the responsibilities and administrative burden associated with being a company director have increased significantly.
Directors may find themselves dealing with:
• Increasing Companies House compliance requirements.
• Identity verification requirements for directors and Persons with Significant Control (PSCs).
• Rising filing, accounting and administrative costs.
• Accounting software and record-keeping obligations.
• Corporation Tax, VAT and PAYE responsibilities.
• The ongoing time, stress and expense involved in maintaining a dormant or unwanted company.
• Retirement, relocation, ill health or changing personal circumstances.
• Cashflow difficulties, bad debtors and other commercial pressures.
Business ownership inevitably brings both good times and challenging times. Circumstances and markets can change, and personal priorities often evolve. As fellow business owners, we appreciate that deciding to step away from a company is not necessarily a sign of failure, but often a practical business decision. For many directors, it is simply time to move on to the next chapter
Frequently Asked Questions
Is transferring my company legal?
Yes. It is perfectly legal within UK law for another person or company to acquire ownership and control of a limited company.
What happens to unsecured loans or other debt?
The liability does not follow the individual director unless a personal guarantee has been signed
What happens to a Bounce Back Loan
Bounce Back Loans (BBL) provided to a limited company were unsecured and remain the liability of the company. We can discuss your specific circumstances and available options during the assessment process
How long does the process take?
Once terms have been agreed, the process is often completed within 48 hours, although timescales can vary depending on the circumstances.
Why not simply appoint a Liquidator?
For some companies, formal liquidation may be the most appropriate solution. However, liquidation is not always the only option available.
Where suitable, our service can provide directors with an alternative route to leave their company through a change of ownership and control.
Many directors find that this approach involves less administration, less disruption and often significantly lower costs than a formal liquidation process. It can also provide a quicker and more straightforward way to move on from a company they no longer wish to run.
Every company’s circumstances are different, which is why we take the time to listen and assess each case individually before advising whether our service may be of use.
Transparent Pricing
Fees start from £2,500, subject to the company’s circumstances.
All costs are fixed and agreed in advance once we have reviewed your company.
This includes arrangement fees, Companies House filings and the share transfer process.
Start The Process
Complete our enquiry form for a confidential, no-obligation assessment.
If you are using personal funds to keep your company afloat, struggling with creditors, or simply no longer wish to continue running your company, it may be time to consider your options.
We will review the information you provide in strict confidence, carefully assess your circumstances and advise whether our service may be of use to you.
Important Information
Our service is carried out in accordance with UK law and applicable regulatory requirements.
However, it is important to understand that our service does not remove or indemnify any person against:
• Any personal guarantees you may have provided to creditors. These will remain the responsibility of the guarantor.
• Director loan accounts. These are not transferred and remain the responsibility of the relevant parties.
• Any potential liability arising from wrongful trading, fraudulent trading or other breaches of directors’ duties prior to the transfer of the company. Such matters remain the responsibility of those involved.
• Any issues relating to Bounce Back Loans, including misuse, misrepresentation or fraud. These will remain the responsibility of the relevant parties.