As part of the return to ‘normality’, Companies House has announced that it will re-introduce the compulsory company strike-off process from 10th October 2020.
This is the process where Companies House strikes off Limited companies that it believes are no longer carrying on business or in operation.
Following its latest review, the temporary measure to suspend compulsory strike-off action will be lifted as from October.
Companies that are deemed suitable to ‘strike off’ are:
- Where there company documents are outstanding and no response to Official Companies house letters
- letters sent by CH are returned undelivered
- the company has no listed directors
Companies that do not file their annual accounts or confirmation statement will normally receive two letters from Companies House. A notice is then published in the Gazette to tell the public that the registrar intends to strike off the company.
When compulsory strike-off action resumes from 10th October – if there are no objections to dissolution and the two month period from the publication of the Gazette notice has expired, a company will be struck off shortly afterwards.
When company is ‘struck off’ any Business debts owed by them usually dies with them.
