If your Company has paid off its creditors and has less than £25,000 cash in the business, you could save liquidator fees of £3,000 or so by:
By applying to Companies House, you can elect for it to be dissolved using form DS01;
Paying out the funds as a Final Dividend or as a Capital distribution, whichever is more tax efficient for you: N.B. Dividends attract Income Tax and dividend tax, while Capital attracts Capital Gains Tax and is only applied to annual gains (i.e. pay outs) in excess of £11,700 (2018/19). (It is important to take advice from your accountant to see if Entrepreneur’s relief is available.).
If funds exceed £25,000 – take advice from your accountant before distributing any part of the amount as Capital.