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Free tool · Closing a company

Shutting down doesn't mean walking away with nothing

A company closing its doors usually still owns things worth money: the domain, the code, the records, prepaid software, deposits. Tick what yours owns and get a list of what to do with each.

FreeAbout 2 minutesA checklist you can hand to your board

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How this works

Four steps, about as many minutes.

  1. Tick everything the company owns or has paid for.
  2. See what each item is and who usually buys or refunds it.
  3. Get the first step for each one.
  4. Get the full wind-down checklist by email.
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The things that still have value

When a company winds down, attention goes to the hard parts: the team, the customers, the creditors. Meanwhile there is usually money sitting in places nobody is looking. A domain name with years of traffic. A codebase someone would pay for. Prepaid annual software that can be partly refunded. Deposits on a lease. And years of records about how the work got done, which buyers now pay real money to license.

This finder walks through the common ones and gives you the first step for each, so nothing gets thrown away or left to expire by accident.

Order matters

Some assets disappear the moment you cancel a service, so they come first: records in your software, the code repository and the domain. Others, like deposits and tax refunds, just need someone to file the request before the company is dissolved.

Who decides

If the company has a board, investors or creditors, some of these decisions need their sign-off. A wind-down lawyer can tell you which ones.

Questions about this tool.

Is the code really worth anything?

Sometimes, especially with its full history. Buyers look at code with years of commits, linked issues and pull requests. A snapshot with no history is worth much less.

What about our records?

Records of how the work got done, like chat threads, tickets and project history, can be licensed even after closing, as long as they still exist and the rights are clean.

Who gets the money?

It depends on what the company owes and who owns it. Your wind-down lawyer or accountant can tell you how proceeds have to be handled.

Is this legal advice?

No. It is a checklist. Your wind-down lawyer has the final word on order and approvals.

See what your company's records could be worth.

Costs you nothing · five quick questions · about a minute · no files

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