Company Strike Off and Dissolution
                     Company Strike Off 
and Dissolution
Agenda
 Introduction
 Dissolving - or striking off - a company: What you need to know
 What does company dissolution mean?
 Is strike off the same as liquidation?
 Can I strike off or dissolve my company?
 How do I dissolve my company?
 What do I have to do before striking off my company?
 Dissolution and director redundancy
 How Real Business Rescue can help
2
Introduction
 Company strike off - also known as company dissolution - is the process 
of removing a company’s name from the register held at Companies 
House. 
 Once a company has been struck off – or dissolved – it will no longer 
exist as a legal entity and all trade will need to stop.
3
Dissolving - or striking off - a company: 
What you need to know
 Limited company dissolution - which is also 
known as limited company strike off - is when a 
company is struck off Companies House which is 
the public register on which official company 
information is displayed.
 The harsh reality is that very few businesses last 
forever and there may come a time when you 
need to consider closing your limited 
company by having it dissolved and striking off 
its name from the register held at Companies 
House. 
 There are a whole host of reasons why you may 
be looking into this option; your business may 
have been successful but has now served its 
purpose, or maybe it never got off the ground at 
4
all and has been sitting dormant ever since.
What does company dissolution mean?
 To dissolve a company, which is also known as ‘dissolution’ or ‘striking off’, is a 
way of closing down a limited company by removing its name from the official 
register held at Companies House. Once the name is struck off the register, the 
company no longer legally exists.
5
Is strike off the same as liquidation?
 The simple answer is no. Liquidation and strike 
off/dissolution are two different processes.
 Dissolving a limited company is a way to achieve 
company closure in situations where no debt is present, or 
where any outstanding debt and other liabilities can be 
settled in full within 12 months.
 Liquidation is different. 
 If your company is unable to pay off what it owes, 
liquidation is likely to be the most appropriate option for 
you. 
 Liquidation involves extracting the assets from a 
company, selling these to realise as much money as 
possible, and putting these towards paying off any 
outstanding debts. 
 Liquidation can only be entered into with a licensed 
insolvency practitioner who will oversee the whole process 6
on your behalf.
Can I strike off or dissolve my 
company?
 As well as your company being solvent, there are other conditions that must be 
met before a limited company is eligible to be dissolved via the strike off 
process. Your company must:
 Not have traded or sold off any stock in the last 3 months
 Not have changed names in the last 3 months
 Not be threatened with liquidation or any other type of insolvency proceedings, 
or have agreements with creditors such as a Company Voluntary Arrangement 
(CVA)
7
How do I dissolve my company?
 The process of striking off your limited company is 
done through submitting a DS01 form which must be 
signed by a majority of the directors (or all if there is 
only one or two). 
 The form must be sent to Companies House for 
processing and a copy must also be sent to all 
‘notifiable parties’ which includes creditors, 
employees and shareholders. 
 Alternatively, this process can now be completed 
online through the Companies House website.
 A notice will then be placed in the 
Gazette announcing your decision to dissolve the 
company.
 Your company will officially be dissolved 3 months 
after this notice is published, providing no objections 
have been made. 
8
 The Gazette will then run a final notice confirming 
that the company has been struck off.
What do I have to do before striking 
off my company?
Before applying to dissolve your limited company and have it struck off the 
Companies House register, you have a number of responsibilities. They include:
•Ensuring business assets are distributed among shareholders. It is vital that this is 
done prior to applying for strike off, as any assets remaining with the company 
upon dissolution become Bona Vacantia and ownership automatically passes to the 
Crown
•Paying employees their final wages and ensuring you follow certain rules if you 
are making staff redundant
•Paying any outstanding Corporation Tax, PAYE, NI and settling any other tax 
liabilities
9
Can anything stop my limited 
company being dissolved?
 Anyone can object to the proposed dissolution of 
your company. 
 If your company owes money, then you should 
expect your creditors to submit an objection to your 
strike off application. 
 If an objection is upheld by the Registrar then the 
company will not be allowed to be struck off.
 You should be aware that a creditor can apply for a 
court order to restore your company to the register 
even after dissolution if you have evaded paying 
them. 
 This is why it is crucial that you inform all interested 
parties of your intention to dissolve the company 
and ensure all creditors are fully paid beforehand.
10
What are the drawbacks to striking 
off my limited company?
 While dissolving your limited company may seem like a straightforward process, 
caution must be exercised. 
 If you provide false information in your application, deliberately or otherwise, or 
fail to notify an interested party of your decision to strike off, the consequences 
can be severe. 
 You can face disqualification as a director, be handed a considerable fine, or 
even face imprisonment in extreme cases.
 Should a creditor believe your limited company has not been closed down 
through the correct channels, or has another legitimate reason for arguing 
against the closure, they can appeal for your company to be restored to the 
register at Companies House. 
 This would then allow them, and any other outstanding creditors, to continue to 
chase your company for the unpaid debts.
11
Dissolution and director redundancy
 Another less well known drawback of dissolving, rather than liquidating your 
company, is the removal of your right to claim director redundancy. 
 Director redundancy works in largely the same way as staff redundancy and can 
be a hugely valuable lifeline at this stressful time.
 The reason many limited company directors opt for strike off rather than 
liquidation is because it is undoubtedly a much cheaper option at £8 (for the 
online application) compared to the £5,000 average cost of liquidation. 
12
Are there any alternatives to 
dissolving my limited company 
through the strike off process?
 Dissolving your limited company may be the best course of action in relatively 
straightforward situations; however there are other options you may want to 
consider before opting for strike off if your situation is a little more complex.
 Members’ Voluntary Liquidation (MVL)
 Just like dissolving a company, a Members’ Voluntary Liquidation (MVL), is only 
an option for companies capable of settling its debts within 12 months. The MVL 
must be agreed to by a minimum of 75% of the company’s directors.
 Register the company as dormant
 While it is possible for a dissolved company to be restored to the register for up 
to 6 years after closure, this comes with significant financial costs. 
13
How Real Business Rescue can help
 If you are considering closing down your limited company and are unsure 
whether dissolving it using the strike off process is the best way, Real Business 
Rescue can help. 
 Our team of licensed insolvency practitioners can talk you through all the 
available options, including dissolution and liquidation, and suggest the most 
appropriate course of action for you and your business. 
 Call our expert advisers today to arrange a free no-obligation consultation. 
 We have an extensive network of 100 offices offering confidential director 
support across the UK.
14
Strike That is A Service That Helps You Get The Details Of “STRUCK OFF” 
Companies, for Hassle-free Compliance With The New Mandatory
Disclosure Requirement Of Schedule III.
ConTeTra provides solution  for  below Two  Steps only-
Step 1-                                            Step 2-
Upload your list of 
vendors/suppliers Receive the output in record
with their GST numbers (which time (powered by our AI-
is easily available with every enabled tool that scrapes through
finance team). For those vendors MCA website for you – leaving no
where GST number is not available, room for manual errors)
our tool can also do a PAN or CIN
based search.
Website : 
https://contetra.com/strike
-that
/
Email Id : 
[email protected]
Phone No : 98338 18857