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The Book-keepers Forum (UK) -> Corporate Law & Companies House -> Change from Ltd co to LLP
Post Info TOPIC: Change from Ltd co to LLP
NA_AA


Guru

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Change from Ltd co to LLP
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Is it possible to  change a Ltd company's status to LLP?

If yes, how would this be done?

What are the implications on the directors? shareholders? and accounting treatment of the accounts? 



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Thanks, Nadia.
gbm


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Why do you want to change from Ltd Co to LLP?

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Regards,
Nick

Website: www.gbmaccounts.co.uk
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Factsheet | Starting a Business

 
NA_AA


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This is a question I have been asked whether it is possible - if yes, what are the implications

I am unable to answer the above as I do not have extensive knowledge on company formation

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Thanks, Nadia.
Elemental Cosec


Newbie

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No, you can't change a limited company to an LLP as they are entirely different entities. However, there are various other options you could take, such as transferring the company's assets to a new LLP, or inserting a new LLP as the owner of the company which could achieve a similar effect.

Clearly whether these would work would depend on why you are trying to achieve this.

If you'd like to discuss, please feel free to send me a DM.

Thanks

Nick



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Nick Lindsay is a director of Elemental CoSec, a provider of company secretarial services.

All information is provided for informational purposes. Please get in touch if you would like personal advice.
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