tiktok³ÉÈ˰æ

Declaration Of Solvency Form for the United Kingdom

Declaration Of Solvency Form Template for England and Wales

A Declaration of Solvency Form is a statutory document under English and Welsh law where directors declare their company's ability to pay all debts within 12 months of commencing voluntary liquidation. This legally binding document requires directors to make a full inquiry into the company's affairs and confirm its solvency status. The declaration must be made within five weeks before the resolution for voluntary winding up and must be filed with Companies House.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Declaration Of Solvency Form

Let tiktok³ÉÈ˰æ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Declaration Of Solvency Form?

The Declaration of Solvency Form is a crucial document required when a solvent company wishes to enter into Members' Voluntary Liquidation in England and Wales. It serves as formal confirmation from the directors that they have conducted a full investigation into the company's affairs and reasonably believe the company can settle all debts within 12 months. The declaration must include a complete statement of the company's assets and liabilities and must be signed by all or a majority of directors. Making a false declaration is a serious offense that can result in criminal penalties and personal liability for directors.

What sections should be included in a Declaration Of Solvency Form?

1. Declaration Header: Company details, registration number, and declaration date

2. Directors' Statement: Formal statement of full inquiry into company affairs

3. Financial Position: Current statement of assets and liabilities

4. Solvency Declaration: Statement that company can pay debts within 12 months

5. Execution Block: Signature spaces for directors and witnesses

What sections are optional to include in a Declaration Of Solvency Form?

1. Additional Director Statements: Optional section used when directors wish to add qualifying statements or explain specific circumstances

2. Professional Advice Section: Optional section used when the declaration relies on expert opinions or professional advice received

What schedules should be included in a Declaration Of Solvency Form?

1. Schedule 1 - Asset List: Detailed breakdown of company assets with valuations

2. Schedule 2 - Liability List: Detailed breakdown of company liabilities and payment obligations

3. Appendix A - Supporting Documents: Collection of relevant financial statements, professional opinions, and other supporting documentation

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

England and Wales

Document Type

Declaration Form

Cost

Free to use
Relevant legal definitions




















Clauses




















Industries

Companies Act 2006: Primary legislation governing company declarations of solvency, particularly sections 89 and 89A. Sets out fundamental requirements for the declaration process.

Insolvency Act 1986: Key primary legislation, especially sections 89 and 90, detailing requirements for voluntary winding up and associated declarations of solvency.

Insolvency Rules 2016: Secondary legislation providing detailed procedural requirements for insolvency proceedings in England and Wales, including declaration of solvency requirements.

Companies (Forms) Regulations: Secondary legislation specifying the proper format and content requirements for company forms, including declarations of solvency.

Company Directors Disqualification Act 1986: Legislation regarding potential consequences for directors who make false declarations, including possible disqualification.

5-Week Timing Requirement: Legal requirement that the declaration must be made within 5 weeks before the resolution for voluntary winding up.

Full Inquiry Obligation: Legal requirement for directors to conduct a full inquiry into company's affairs before making the declaration.

12-Month Solvency Statement: Requirement to confirm that the company can pay its debts in full within 12 months from the commencement of winding up.

Director Signature Requirements: Legal requirement that the declaration must be signed by all or majority of directors and properly witnessed.

Companies House Filing: Mandatory requirement to file the declaration with Companies House within the prescribed timeframe.

Criminal Liability Provisions: Legal provisions establishing criminal penalties for making false declarations of solvency.

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Declaration Of No Conflict Of Interest

A legal document under English and Welsh law where an individual formally declares the absence of any conflicts of interest that could affect their professional duties.

find out more

Declaration For Entry Of Unaccompanied Articles

A formal customs declaration used in England and Wales for importing personal effects without accompanying the owner, allowing duty-free entry under specific conditions.

find out more

Health Declaration Form

A legally compliant template for collecting health information under English and Welsh law, incorporating necessary data protection and privacy requirements.

find out more

Long Term Supplier Declaration

A standardized template under English and Welsh law for formalizing long-term supplier commitments and compliance declarations.

find out more

Declaration Of Origin

A legal document under English and Welsh law certifying the origin of goods for international trade purposes.

find out more

Supplier Declaration Form

An England & Wales legal document requiring supplier declarations on compliance and business practices for risk management.

find out more

Self Declaration Form For Rc Transfer

An England & Wales legal document for transferring or updating vehicle registration details with the DVLA.

find out more

Self Declaration Form For Passport

A legal document in England & Wales declaring personal identity and citizenship for passport applications.

find out more

Self Declaration Form For Birth Certificate

An England & Wales legal document verifying birth details when standard documentation is unavailable or incomplete.

find out more

Self Declaration Form For 11th Admission

An England & Wales document for Year 11 admissions, detailing student information for school transfer or entry.

find out more

Residency Declaration Form

A legal document in England & Wales verifying an individual's residential status for compliance and eligibility purposes.

find out more

Self Declaration Affidavit

An England & Wales legal document for formal personal declarations, witnessed by an authorized individual.

find out more

Police Declaration Form

An England & Wales legal document recording formal police statements for accountability and procedural accuracy.

find out more

Online Wealth Declaration Form For Public Servants

An England & Wales legal document requiring public servants to disclose personal financial interests for transparency.

find out more

Non Employment Declaration Form

An England & Wales legal document confirming non-employee status for tax and legal clarity in service arrangements.

find out more

New Declaration Form

A legal statement in England & Wales affirming truth of facts, requiring witness authentication.

find out more

Name Declaration Affidavit

An England & Wales legal document affirming an individual's name change for official identity verification purposes.

find out more

Medical Declaration Form

A legal document in England & Wales declaring an individual's medical status for compliance and disclosure purposes.

find out more

International Declaration Form

An England & Wales legal document providing a formal declaration for international legal or administrative purposes.

find out more

Income Self Declaration Form

A legal document in England & Wales for declaring personal income for financial and regulatory purposes.

find out more

Immigration Declaration Form

An England & Wales document verifying an individual's immigration status and eligibility for various legal purposes.

find out more

Employment Declaration Form For New Employee

An England & Wales legal document formalizing employment terms for medical professionals in healthcare settings.

find out more

Declaration Of Trust Form

An England & Wales contract detailing project-specific work terms, deliverables, and compliance for contractors or freelancers.

find out more

Declaration Of Solvency Form

An England & Wales document confirming medical fitness for employment, detailing health assessments and necessary workplace adjustments.

find out more

Declaration Of Income Form

A legal document in England & Wales validating medical conditions for employment insurance and workplace accommodations.

find out more

Declaration Of Identity Form

An England & Wales document verifying parental employment status for official purposes.

find out more

Declaration Of Goods Form

An England & Wales document verifying an employer's registration and compliance with employment regulations.

find out more

Declaration Of Assets And Liabilities Form

An England & Wales document verifying an individual's employment history for new job applications.

find out more

Declaration Letter To Whom It May Concern

An England & Wales legal document authorizing police background checks for employment involving sensitive roles.

find out more

Declaration Letter For Subsidiary Company

A document from England & Wales detailing an employee's conduct history for job transitions in regulated industries.

find out more

Declaration Form For Job Application

An England & Wales document confirming a company's legal status and compliance for business and regulatory purposes.

find out more

Declaration Form For Courier

An England & Wales document verifying employment and housing loan benefits for mortgage approval.

find out more

Customs Declaration Form

An England & Wales document verifying employment details for official purposes, complying with relevant employment legislation.

find out more

Custodian Declaration Form

An England & Wales document verifying an individual's current employment status for legal and administrative purposes.

find out more

Conflict Of Interest Declaration Form For Employees

An England & Wales document verifying employment details for legal and professional purposes.

find out more

Beneficial Ownership Declaration Form

An England & Wales document outlining employment terms for virtual assistants, ensuring compliance with remote work laws.

find out more

Asset Declaration Form For Govt Employees

An England & Wales document verifying a teacher's employment history and professional standing for educational purposes.

find out more

Arrival Declaration Form

An England & Wales legal document formalizing employment terms for private caregivers in home care services.

find out more

Customs Entry Form

A legal document used in England and Wales for declaring goods at customs, containing essential information for duty assessment and regulatory compliance.

find out more

Non Employment Certificate Self Declaration

A legal self-declaration document used in England and Wales to formally confirm non-employee status in a working relationship.

find out more
See more related templates

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it