Dear all
are strike off and dissolution the same thing?
And provided that a company:
1) has ceased trading and the directors decide to distribute the reserves to the shareholders and wind it up and
2) there are no creditors and
3) there are no ongoing issues with HMRC (all tax has been paid, all matters resolved etc..)
What are the formal steps to take and how long does it take for the matter to be finalized? Weeks or months?
Thank you
Plato
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Replies (7)
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DS01
Complete and file DS01 at Companies House together with a cheque for £10.
Then move on. Not sure how long it takes, but why does it matter? Once you have applied you can forget about the company.
Once you've filed the DS01 and it's been processed, the company will be dissolved in approx 3 months providing no objections are received.
As I said the time it takes doesn't matter as for your purposes the company is effectively gone as soon as the form is submitted - unless of course a creditor objects.
3 or 4 months in my experience
After the DS01 has been filed, a statutory notice has has to be published in the London Gazette, to invite any potential creditors to object to the dissolution.
Provided that the company has no creditors then it is just a case of filing the DS01 and 3 or 4 months later it will be gone.
I also write to HMRC to inform that there has been no trading since the previous CT600 and to advise them that the company is to be dissolved. This should prevent them raising an unnecssary objection.