who can help? please ~~~~~~~~~~ hurry up~ If the owner is retiring, he has to let HMRC know as soon as possible if he will stop trading or will close the business, then he can sell all the assets of the business. Toward to the LTD, if it is facing the insolvency problem which is a serious legal position, the company needs to stop trading immediately, otherwise the directors may be disqualification by the court if they cannot meet the rules under the s213 Insolvency Act. do not change the meaning of the sentence but change is active into passive passive to active and change some words ~