Cease Trading – Template Letter

Reviewed by

Chris Andersen

Reviewed by Chris Andersen

Chris became an Insolvency Practitioner in 2014 and is currently regulated by the IPA.

He is experienced in contentious insolvency with excellent analytical skills and strong knowledge of both general and technical insolvency matters.

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15th April 2024

Use this letter to inform a creditor that your company has ceased trading.

You can choose to send a letter in your own name or in joint names. You may have a debt in joint names, or want to write to your creditors together because you have worked out a joint budget.

Sample Letter – Ceasing trade

Dear Sir/Madam

Account No: {{Your account or reference number*}}

We are writing to inform you that our business {{Your business name*}} ceased trading on {{Date*}}.

Can you please send me a final invoice or statement so I can see how much my business owes and, if necessary, come up with an arrangement to repay it?

I appreciate your cooperation in this matter.

Yours faithfully

{{Include your full name*}}