WindDown

For venture-backed companies

Shutting down the startup is your last act as a founder. Do it well.

Your investors backed you knowing the odds. What they’ll remember is whether the ending was handled: clean communications, their loss relief protected, assets accounted for, and a company that’s actually, legally, gone.

What a UK startup wind-down actually involves

01

ASA conversion — before liquidation, not after

Most UK angel rounds run on Advance Subscription Agreements. If the company dissolves while ASAs sit unconverted, your investors may have no shares — and no SEIS/EIS loss relief. Conversion has to happen before the end. This is the single most common, most expensive mistake.

02

SEIS/EIS loss-relief packs

Each investor needs the paperwork to claim share loss relief against income tax: SEIS3/EIS3 evidence, negligible value or deemed-disposal positions, and a clean record of the liquidation. We produce a pack per investor — your angels' accountants will thank you.

03

Investor communications, drafted

The hardest emails you'll write, pre-written: the decision note, the timeline, the distribution mechanics, the final confirmation. Honest, dignified, and consistent with what the liquidator files.

04

Asset disposition

Code, IP, domains, equipment, the brand itself — sold, assigned, or deliberately open-sourced, with paperwork that survives due diligence. Nothing left to pass to the Crown.

05

The right legal route

Usually an MVL through our licensed insolvency practitioner partner (capital treatment for whatever returns to shareholders); a strike-off where the maths supports it; honest CVL referral if the cash has truly run out.

Why a waitlist? Because this service is part judgment, part logistics, and we’re onboarding the founding cohort deliberately — a handful of companies at a time, done properly.

Founding cohort

Join the waitlist

From £2,950, scoped fixed once we’ve seen the cap table. Tell us a little about the company — stage, investors, what’s left.

No mailing list, no nagging. We use your email to reply, as set out in our privacy policy.