Closing a UK Company

If you no longer require your company and wish to have it struck off the company register we can assist with a UK Company Dissolution. Our dissolution service has the company struck off at Companies House in accordance with the UK Companies Act and once the company is removed from the Register it no longer exists as a legal entity and cannot continue trading.

If the company has liabilities then it must apply for voluntary liquidation rather than company dissolution.

Having your UK Company Dissolved

Having your UK company voluntarily dissolved rather than struck off by Companies House has many advantages:

  • It is a straightforward process compared to company liquidation
  • It avoids formal investigation into the conduct of the directors as required in liquidation or receivership.
  • Maintains the company’s directors and shareholders reputation for future business ventures
  • It avoids the costs of liquidation, fees and expenses.

Requirements for UK Company Dissolution

We assist with UK company dissolution under Section 1003 of the Companies Act 2006, providing that the company meets the following requirements:

  • It has not traded in the last 3 months
  • Not changed the company name in the last 3 months
  • Is not subject to any legal proceedings
  • It hasn’t made a disposal of property

Once Companies House confirms that the company is not carrying on business and is not in operation, its name may be struck off the register and dissolved without going through liquidation.

Companies Act Extract

Information we require from you

In order to proceed with your company dissolution we require the following:

  • Has the company a bank account
  • Is it VAT registered
  • Has the company ever filed a tax returns with HMRC
  • Does the company have any liabilities 
  • Have all the shareholders been informed and are in agreement

Once you supply the above details, we can apply to Companies House on your behalf to have the company Voluntarily Struck Off and cease trading. 

Once the Company is Dissolved

Once Companies House confirms the dissolution of the company it can no longer trade and is struck off the register. Any assets remaining in the company’s name will be held by the Crown as Bona Vacantia.

If your UK company is no longer required we can assist in getting it Struck off the UK Register, in accordance with Section 1003 of the Companies Act 2006.

Dissolving a UK Company

A limited company can request to be dissolved under Section 1003 of the Companies Act 2006, providing that it meets all of the following requirements:

  • Not traded within the last 3 months
  • Not changed the company name within the last 3 months
  • Is not subject to any legal proceedings, current or proposed
  • Has not made a disposal for value of property or rights

If the Registrar has reason to believe that a company is not carrying on business or is not in operation, its name may be struck off the register and dissolved without going through liquidation.

Applying to have a Company Struck-off the Register

The procedure is not an alternative to formal insolvency proceedings where these are appropriate, as creditors are likely to prevent the striking off.

Voluntary Strike-Off and Dissolution

We offer a Strike Off service in the UK and can apply to have your company voluntary closed down. We apply to the Registrar of Companies for your company to be struck off the register and dissolved.

Voluntary Strike Off is an option generally available for companies which have ceased trading and have no assets or liabilities.

Applying for a Company to be Struck off the Register

Striking-off is only applicable to a private company if, in the past three months, it has not:

  • Traded or otherwise carried on business.
  • Changed its name.
  • Disposed for value of property or rights that, immediately before ceasing to be in business or trade, it held for disposal or gain in the normal course of that business or trade.
  • Engaged in any other activity except one necessary or expedient for making a striking-off application, settling the company’s affairs or meeting a statutory requirement. A company can, however, apply if it has settled trading or business debts in the previous three months.

Struck off the UK Register

Some companies who are dormant or non trading choose to apply for strike off. If you have decided that you no longer want to retain your company and wish to have it struck off, the registrar will not normally pursue any outstanding late filing penalties unless you restore the company to the register at a later stage.

Voluntary Striking-off

A private company can apply to be struck off if, in the previous three months, it has not:

  • Traded or otherwise carried on business
  • Changed its name
  • For value, disposed of property or rights that, immediately before it ceased to be in business or trade, it held for disposal or gain in the normal course of its business or trade
  • Engaged in any other activity except one necessary or expedient for making a striking-off application, settling the company's affairs or meeting a statutory requirement

Companies House

The registrar will publish notice of the proposed striking off in the London Gazette to allow interested parties the opportunity to object.

Companies House receives the application from us on your behalf, a copy of this notice will be placed on your company’s public record. If there is no reason to delay the registrar will strike the company off the register not less than 3 months after the date of the notice. The company will be dissolved on publication of a further notice stating this in the Gazette.

Assets of a Dissolved company

From the date of dissolution any assets held by a dissolved company will be Bona Vacantia and then belong to the Crown. The company’s bank account will be frozen and any credit balance in the account will be passed to the Crown.

To Proceed

Simply complete our contact form with the company’s name and your relationship to the company and we will provide a fee and timescale estimate. 

UK Company Dissolution Fees
  • Company Search - £40
  • Our Service Fee - £240