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Understanding Company Dissolution and the Case for Restoration Company dissolution refers to the formal process by which a private limited company is removed from the Companies House register and ceases to legally exist. In the UK, this can occur in several ways, including voluntary striking off by directors, compulsory striking off by Companies House due […]
If you’ve set up a limited company but never actually used it, you’re not alone. Many companies are registered with good intentions but never begin trading. The good news is that, in most cases, closing a non-trading company is a straightforward process, provided there are no outstanding debts or obligations. ▶ Watch the video summary […]
As insolvency practitioners, we are often contacted by directors and creditors after receiving notice that compulsory strike-off action has been suspended. This situation can create uncertainty, particularly for companies already experiencing financial pressure. Understanding what suspension means and what steps should follow is essential to avoid further complications. Understanding Compulsory Strike-Off Action and Its Suspension […]
The Company Strike Off process is a way of formally dissolving a company, this is also referred to as Company Dissolution. A voluntary company strike off process can be initiated by the directors of the company, or a compulsory strike off by Companies House. Once a company has been struck off, it no longer exists […]
Details of the proposed changes to company strike-off, through greater powers for the Secretary of State to investigate the conduct of Directors of dissolved companies. […]
