Do the Companies Have Any Debts, Loans or Liabilities?
No. All VAT registered UK private limited companies offered are free from debts, loans, prior trading issues, or outstanding liabilities at the time of sale. Each company has a clean record before transfer.
Who Is Responsible After the Company Transfer?
From the moment the transfer is completed and ownership is legally updated, the new owner assumes full control and full responsibility for the company. This includes all future trading activities, filings, tax obligations, and financial decisions.
Can a non-resident own a UK Ltd?
Yes. There is no UK residency or citizenship requirement to be a shareholder or director of a private limited company. However, the company must have a UK registered office address and pay annual Corporation Tax to HM Revenue & Customs (HMRC). If taxable turnover exceeds £90,000, it must register for VAT and submit VAT returns (and may reclaim VAT where applicable).