Directorless and Abandoned Companies

I am considering this workaround of not paying increased disproportionate fees as I cannot afford th

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I have come to know for first time that U.k. govt Companies House has increased its fees disproportionately for limited company procedures. I am considering this workaround of not paying increased disproportionate fees as I cannot afford them. Please tell me if this workaround below is legal and successful. 

1. I resign as sole director of the company / companies and inform U.k. govt. Companies House that company has no director and to this strike off. Is this ok?

2. I thus do not have to pay any U.k. govt / Companies House fees of running company / companies. Is that ok?

3.  How long does it take for U.k. govt to strike off directorless company after information is received by me that company is / companies are directorless and to strike off the company?

4.  Am I still held legally liable for confirmation statement/s, confirmation statement/s fees, accounts etc or prevented from opening any new companies etc based on all the above paragraphs? 

5. The company / companies are all dormant, does that make any difference if I do the above? 

What happens to: 

Directorless companies ie. Abandoned companies and their ex/former resigned directors in terms of automated routine filings where fee is meant to be paid in order to file eg confirmation report?

From indirect unclear information I am getting it seems:

1) U.k. govt. Companies House continues to still blindly send automated reminders, claims for lateness, penalties issued to directorless ie. Abondoned companies thereby Companies House pretending that companies are still alivewithout examining if there are any directors there or if directorless.

2) Companies House even ignores requests by ex/former resigned directors to strikeoff their  directorless ie. Abandoned companies. 

 

 

Replies (83)

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Replying to handgel:
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By Yossarian
25th May 2024 16:30

handgel wrote:

More unearned luck wrote:

Bona vacantia

Hello More unearned luck,

The U.k. govt companies house agency hushed up on the substantial fee increases by not informing customers directly by email.

Handgel

Companies House posted the increases on their website on 19th February, and their Facebook page on 20th February. Hardly 'hushing up'.

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Replying to Yossarian:
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By handgel
31st May 2024 04:41

Hello Yossarian

They are what the law calls, force majeure.

Handgel

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Replying to handgel:
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By FactChecker
31st May 2024 13:18

If you're going to spout rubbish, at least make it vaguely believable.

"Force majeure" is literally translated as 'superior forces', something to overrule a settled state of affairs and cognate with an 'act of God'.
... and it's not even "what the law calls" it, it's just a common phrase.

Please go and apply your handgel elsewhere, before you are deleted from here.

Thanks (3)
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By SkyBlue22
23rd May 2024 12:19

Not an answer, sorry, but the fees aren't disproportionate when they've been the same cost for years regardless of what inflation is doing.

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Replying to SkyBlue22:
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By handgel
24th May 2024 19:22

SkyBlue22 wrote:

Not an answer, sorry, but the fees aren't disproportionate when they've been the same cost for years regardless of what inflation is doing.

Hello SkyBlue22,

My companies formed are from the dot com / dot co uk era when confirmation statement fee was not much than these internet domain names, fee at £34 is too much.

Handgel

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By lesley.barnes
23rd May 2024 12:26

You could try your cunning plan and see if it works. You may be better deciding what you want to close and pay the £44.00 and what needs to be kept open and pay £34.00.

I can tell you I've just checked an ex-clients company at Companies House. She resigned as the sole Director 17th Feb 2022, it was in the Gazette 24th May 2022 due to no filings and strike off was suspended 11th June 2022. Someone will have objected usually HMRC perhaps they were not convinced or had information the company wasn't dormant.

There it sits with her address still showing as the registered address so I assume all correspondance is going there. You can also still be held personally liable in some circumstances even if you resign.

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Replying to lesley.barnes:
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By handgel
24th May 2024 19:30

lesley.barnes wrote:

You could try your cunning plan and see if it works. You may be better deciding what you want to close and pay the £44.00 and what needs to be kept open and pay £34.00.

I can tell you I've just checked an ex-clients company at Companies House. She resigned as the sole Director 17th Feb 2022, it was in the Gazette 24th May 2022 due to no filings and strike off was suspended 11th June 2022. Someone will have objected usually HMRC perhaps they were not convinced or had information the company wasn't dormant.

There it sits with her address still showing as the registered address so I assume all correspondance is going there. You can also still be held personally liable in some circumstances even if you resign.

Hello lesley.barnes,

The U.k. govt companies house agency never informed any of its customers directly about the substantial fee increases. It wanted to force customers to pay its increased fees, so it more or less hushed it.

U.k. govt H.m.r.c. agency is not involved as my companies are dormant from the start.

Handgel

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Replying to handgel:
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By Leywood
27th May 2024 17:20

[quote=handgel]

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By FactChecker
23rd May 2024 16:15

Aside of anything else, I really don't understand what the 'plan' is meant to achieve?

"I am considering this workaround of not paying increased disproportionate fees as I cannot afford them ... resign ... strike-off ..."
Isn't this like saying that if you can't afford to pay for food, then your plan is to stop eating?

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Replying to FactChecker:
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By handgel
24th May 2024 19:35

FactChecker wrote:

Aside of anything else, I really don't understand what the 'plan' is meant to achieve?

"I am considering this workaround of not paying increased disproportionate fees as I cannot afford them ... resign ... strike-off ..."
Isn't this like saying that if you can't afford to pay for food, then your plan is to stop eating?

Hello FactChecker,

It was nice to have £13 only confirmation statement fee but £34 is too much. The workaround is legal for dormant companies as mine have been dormant from the start.

Handgel

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By paul.benny
23rd May 2024 17:11

It seems the OP is too busy with all their dormant companies to enter into the discussion.

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Replying to paul.benny:
RLI
By lionofludesch
23rd May 2024 17:28

paul.benny wrote:

It seems the OP is too busy with all their dormant companies to enter into the discussion.

[chuckle]

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Replying to lionofludesch:
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By handgel
24th May 2024 19:41

lionofludesch wrote:

paul.benny wrote:

It seems the OP is too busy with all their dormant companies to enter into the discussion.

[chuckle]

Hello lionofludesch,

Sorry I was busy with this and other stuff, so could not answer immediately to e-forum responses.

Handgel

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Replying to paul.benny:
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By handgel
24th May 2024 19:38

paul.benny wrote:

It seems the OP is too busy with all their dormant companies to enter into the discussion.

Hello paul.benny,

Answered to all the responses thus far.

Handgel

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By FactChecker
24th May 2024 23:31

Based on the evidence to-date I can only assume that OP, like Uriah Heep, has been wringing his hands with such fervour that he's spent all his money on the handgel - and forgotten to do anything with those companies that might have generated revenue?

Thanks (5)
Replying to FactChecker:
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By handgel
25th May 2024 12:06

FactChecker wrote:

Based on the evidence to-date I can only assume that OP, like Uriah Heep, has been wringing his hands with such fervour that he's spent all his money on the handgel - and forgotten to do anything with those companies that might have generated revenue?

Hello FactChecker,

Perhaps the substantial fee increase is a chance to stop and retire the companies because another chance to undormant the companies is not possible in my circumstances.

Handgel

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Replying to handgel:
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By FactChecker
25th May 2024 12:27

You've now finally answered your own question (whether or not you realise that).

It's a (possibly sad) fact that to make money under a capitalist system you have to invest either money and/or resources (such as your time). Those are not enough, but they are a pre-requisite.
If your investment is solely your time, then there is no need for a limited company.
You may have thought a limited company could be useful (in some indeterminate way at some undetermined time in the future) and that is your prerogative - but to do so requires investing some money.
The amount of that financial investment will vary depending on a lot of factors, but is never guaranteed to be static (let alone whatever you define as 'affordable').
So closing your companies (the dormant aspect being irrelevant in this context) is the only sensible option for you - as you're not prepared to invest further in them.

Next time, if there is a next time, seek professional advice *before* setting up a company ... that will guarantee to bring you less shocks and just might set you on the right path to making money.

Thanks (3)
Replying to FactChecker:
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By Leywood
25th May 2024 14:58

This is almost an April 1st post.

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Replying to Leywood:
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By Paul Crowley
25th May 2024 15:44

52 comments and still going strong

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Replying to FactChecker:
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By handgel
25th May 2024 20:29

FactChecker wrote:

You've now finally answered your own question (whether or not you realise that).

It's a (possibly sad) fact that to make money under a capitalist system you have to invest either money and/or resources (such as your time). Those are not enough, but they are a pre-requisite.
If your investment is solely your time, then there is no need for a limited company.
You may have thought a limited company could be useful (in some indeterminate way at some undetermined time in the future) and that is your prerogative - but to do so requires investing some money.
The amount of that financial investment will vary depending on a lot of factors, but is never guaranteed to be static (let alone whatever you define as 'affordable').
So closing your companies (the dormant aspect being irrelevant in this context) is the only sensible option for you - as you're not prepared to invest further in them.

Next time, if there is a next time, seek professional advice *before* setting up a company ... that will guarantee to bring you less shocks and just might set you on the right path to making money.

Hello FactChecker,

The European countries have difficult system in company formations does that make them more capitalist than U.k.?

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Replying to handgel:
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By FactChecker
25th May 2024 20:43

If you're going to emulate a chatbot, you could at least make the wording errors more believable.
I'll assume that you are now broken and, like a cat does, have lost interest when the mouse ceases 'playing'.

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Replying to FactChecker:
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By handgel
31st May 2024 04:48

Hello FactChecker

Self-layoff to me by resigning as sole director dormant company is allowed in the system.

Handgel

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Replying to handgel:
RLI
By lionofludesch
25th May 2024 20:40

It's not substantial. It's £21 and great value for money.

But you may have something on that other complaint. I can't remember getting an email telling me that VAT was going up.

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Replying to lionofludesch:
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By FactChecker
25th May 2024 20:44

dang, did I leave you off the circulation list? sorry!

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the sea otter
By memyself-eye
26th May 2024 17:24

My (wife's) 2015 car road tax is £20 a year - when she swops it for a new car it will likely rise 5/6 fold.
Will I (she) complain?
Too right she will.
Does that make the new 'charge' unfair?
No.
If - and it's a big 'if' the new Cos house fees stop morons registering companies ad nauseum, it will be worth it.

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Replying to memyself-eye:
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By handgel
31st May 2024 04:52

Hello memyself-eye,

It's called force majeure.

Handgel

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Replying to handgel:
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By Leywood
31st May 2024 07:06

Balderdash

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By AdamJones82
26th May 2024 17:55

And this, ladies and gentlemen, is why it shouldn't be so easy these days to incorporate.

While in percentage terms the increase is high, paying £34 to keep a company dormant once a year is hardly the difference between having a roast dinner or pot noodles for sunday dinner the rest of the year.

Thanks (4)
Replying to AdamJones82:
the sea otter
By memyself-eye
26th May 2024 18:04

Nowt wrong with pot noodles, a staple diet in this house since the 70's !

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Replying to memyself-eye:
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By Paul Crowley
26th May 2024 18:08

It should be chips AND rice per Benidorm.
Mr Woo does not mention noodles.

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By handgel
31st May 2024 04:56

I also said to U.k. govt companies house to have direct debit monthly installment plan for these fee increases, they said not there.

I also said to U.k. govt companies house to have staggered prices as dormant companies have to pay same for confirmation statement as trading companies.

Handgel

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Replying to handgel:
By Ruddles
31st May 2024 07:12

Give it a rest

Moderators - please put this thread out of its misery.

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Replying to handgel:
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By Yossarian
31st May 2024 08:26

A direct debit instalment plan for £34 per year?

If you'd taken a minimum wage job instead of spending your time posting on here you'd probably have had enough money to pay all of the Confirmation Statement fees by now...

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