Sample Letter

Ceasing to trade (sole name)

Use this letter to tell your creditors that your business has ceased trading if you are a sole trader or partnership. You may need to change this letter when writing to HM Revenue & Customs, suppliers of lease equipment or your business landlord.

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.

Fill in your contact details, account number and any extra information you want to include in the grey shaded areas.
Today’s date will be added automatically.
Sign each letter and enclose a copy of your budget if needed.

Letter in joint names

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.

Change to joint version

You need to include the organisation name.

You need to include their address.

You need to include their postcode.

You need to include your address.

You need to include your postcode.

24th December 2024

Dear Sir/Madam

Account No:

This field is required.

I am writing to inform you that my business

This field is required.

ceased trading on

This field is required.

Please can you send me a final invoice or statement so I can see how much my business owes and, if necessary, come to an arrangement to repay.

I appreciate your cooperation in this matter.

Yours faithfully

You need to include your name(s).