UK Company Dissolution
If you no longer require your company we can assist with the dissolution.
It is very important to take the necessary steps to dissolve the company correctly, as a Director you need to comply with regulations as well as protect yourself from potential risk and fines.
Our dissolution service has the company removed in accordance with the UK Companies Act. Once the company is dissolved it no longer exists as a legal entity and cannot trade.
If the company has liabilities then it must apply for voluntary liquidation rather than company dissolution.
| UK Company Dissolution fees | |
|---|---|
| UK Company Dissolution | £400 |
| Due Diligence – per Director & Shareholder | £80 |
| Final Gazette Notice confirming Dissolution | £60 |
| Certified Companies House document confirming Dissolution | £40 |
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:
- The company has not traded in the last 3 months
- There has not been a change to the company name in 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
- Engaged in any other activity except one necessary 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.
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 – Striking off on application by company
(1) On application by a company, the registrar of companies may strike the company’s name off the register.
(2) The application must be made by the Company’s Directors or the majority of them and contain the prescribed information.
(3) A notice of the intention to Dissolve the company must be placed in the Gazette and the registrar may not strike a company off until three months after the publication in the Gazette and inviting any person to show cause why that should not be done.
(4) Once the 3 months have expired, the Registrar must publish a notice in the Gazette that the company’s name have been struck off and on the publication of the notice in the Gazette the company is dissolved.
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.
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.
The procedure is not an alternative to formal insolvency proceedings where these are appropriate, as creditors are likely to prevent the striking 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.
To start the process and to enable us to give a precise quote we require copies of the company documents, please upload: Company Documents
We will then inspect the company file at Companies House in the UK.