No. Company deregistration is a relatively simple administrative closure process for eligible solvent companies with minimal assets and no debts. Liquidation is a formal insolvency or wind-up process used where debts, creditors, unresolved obligations, or more complex closure issues exist. Choosing the wrong process can create director risk, so the company’s financial position should be assessed first.Sometimes for tax purposes an assetless company may be better to be liquidated rather than undertake a  voluntary deregistration.