Informally striking off your company is a method of closing your business down when you have less than £30,000 in retained profit. This means your company will be taken off the Companies House register so it wont legally exist anymore, rather than you having to go through the normal liquidation process . The upside of this is that its relatively quick and straightforward.
To make this happen, please ensure you:
- Complete a DS01 form ensuring all company directors (if more than one) sign. We require the hard copy back so please send it to our offices once complete. We will then write the £10 cheque on your behalf and send this to Companies House once the accounts have been finalised.
Transfer assets from the company. When a company is struck off any bank accounts will be frozen and any balances taken by the crown.