What does strike off mean?
A company strike off, also known as dissolving a company, is the process of removing a company’s name from the official Companies House register in the UK. This effectively means the company ceases to exist as a legal entity.
To dissolve a company, certain conditions must be met: the company must not have traded or changed its name in the last three months, and it should not be under threat of liquidation. The process involves submitting a formal application (Form DS01) to Companies House, notifying all relevant parties, and ensuring all company affairs are settled.
Once approved, the company is struck off the register and dissolved, relieving the directors of their legal responsibilities
What is the process of Strike off?
The process of strike off, also known as dissolving a company, involves formally removing a company’s name from the Companies House register in the UK. To initiate this, the company must cease trading and settle all affairs. Directors must complete and submit the DS01 Strike Off Application form to Companies House.
Once submitted, a notice is published in the Gazette, allowing for any objections. If no objections are raised within two months, the company is officially dissolved and struck off the register, relieving the directors of their legal responsibilities.
- Cease trading and settle all company affairs.
- Submit the DS01 Strike Off Application form.
- Notice published in the Gazette for objections.
- Company is dissolved if no objections are raised within two months.
How it works:
- Click on ‘Order Now’, complete the order form, proceed to checkout, and make your payment.
- Expect to receive your Board Resolution via email within 1 working day; simply sign it and keep it safe.
- Directors will receive an email invitation to electronically sign the dissolution application; simply sign and submit it.
- We will handle the filing of the documents at Companies House.
- You will be notified via email once the dissolution application has been accepted.
- Companies House will then send a letter to your registered office confirming the company’s dissolution.
Why you need to close the company?
- Avoid recurring cost and time for your annual accounts and confirmation statements filings.
- This helps you avoid late filing penalties and potential legal consequences.
- Protect your reputation as a director by preventing involuntary dissolution from being recorded.
- We’ll manage all tasks; your part is simply electronically signing the dissolution application.
- Rely on us to address any issues or obstacles diligently.
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