Cheryl has ended her contract with Modest Management.
Cheryl and Liam Payne
The 33-year-old pop star looks set to take a short break from music after reportedly cutting ties with the company, which also manages her boyfriend Liam Payne's group One Direction.
However, she is believed to be making a return to music in early 2017 when she will decide which management to go with in order to develop a new "image" and "sound".
A source told The Sun newspaper: "Cheryl's left on good terms with Modest, there's been no fallout at all. She currently has no management but that will change next year when she's planning on making her chart return.
"Cheryl has grown as an artist and wants to return with a fresh look, sound and image - which will be reflected by her new management."
The news further fuels speculation that the 'Only Human' hitmaker is starting a family with the 23-year-old heartthrob.
The loved-up duo haven't commented on rumours surrounding their relationship or the possibility of Cheryl being pregnant, but the 'Parachute' singer's former 'X Factor' boss Simon Cowell added fuel to the fire when he said she'd make a great mother because she's a "natural" with his two-year-old son Eric.
He previously said: "I guess that is what happens when you are with someone. Cheryl would be an amazing mum. I have seen her with my son Eric and other kids over the years and she is incredible. She is very good with them."
Cheryl and Liam - who have a 10-year age gap between them - have been the hot topic of conversation since they struck up a relationship in December as their romance came just a few months after she split from her second husband Jean-Bernard Fernandez-Versini.
However, now that her marriage with the French hunk has been officially dissolved under the eyes of the law, it's believed Liam is keen to pop the question to Cheryl and has even splashed out on the perfect ring.
A source said recently: "He bought the rings weeks ago."
Tagged in Simon Cowell One Direction Liam Payne