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.