Company Dissolution Service.

Company dissolution is the formal legal process of closing a UK limited company and striking it off the Companies House register. A dissolved company no longer exists as a legal entity it cannot trade, enter contracts, or incur liabilities after dissolution is complete. Dissolution suits solvent companies that have ceased trading and have no outstanding debts or liabilities. Insolvent companies that are unable to pay their debts must consider liquidation instead.

The process begins with filing form DS01 with Companies House. Once submitted, Companies House publishes a notice in the Gazette giving creditors two months to object. If no valid objection is received, the company is struck off the register and dissolved permanently. Xact+ Accountants handles DS01 preparation, electronic filing, and strike-off confirmation ensuring your company is closed correctly and permanently removed from the register.

What Happens When Companies House Dissolve a Company?

Xact+ Accountants manages every stage of the company dissolution process. Here is exactly what happens from DS01 submission to final strike-off:

• DS01 Application Filed Xact+ Accountants prepares and files form DS01 the application to strike off and dissolve a company electronically with Companies House. The form must be signed by the majority of directors before submission.
• Companies House Acknowledgement Companies House acknowledges receipt of the DS01 application and begins processing. An active proposal to strike off status appears on your company’s public register entry immediately after the application is accepted.
• Gazette Notice Published Companies House publishes a notice in the London Gazette or Edinburgh Gazette for Scottish companies informing creditors, shareholders, and interested parties of the proposed dissolution. This notice opens a two-month objection period.
• Objection Period During the two-month objection period, creditors or interested parties can apply to Companies House to have the dissolution suspended. If a valid objection is received, the dissolution process stops until the objection is resolved.
• No Objection Received If no valid objection is received during the two-month period, Companies House proceeds with the strike-off. A second Gazette notice is published confirming the company has been dissolved.
• Company Struck Off The company is formally struck off the Companies House register. It no longer exists as a legal entity. All remaining assets  including any bank balances  pass to the Crown if not distributed before dissolution.
• Dissolution Confirmed Xact+ Accountants sends you confirmation once the company is struck off the register. Your company dissolution is complete and permanently recorded on the Companies House public register.

Why should I close my company?

You may want to close your company for practical reasons. Many directors choose company dissolution when the business no longer trades or serves a purpose.

Common reasons include:

• You stopped trading and have no future plans.
• You run a dormant company and want to avoid ongoing filing duties.
• You want to reduce accountancy and compliance costs.
• You plan to start a new venture under a different structure.
• You want to formally close my limited company and move on.

If you keep a company open, you must still file accounts and confirmation statements with Companies House. You must also meet HMRC obligations. Voluntary dissolution gives you a clean and structured way to close a company online and end those responsibilities.