Dissolution of trading firm despite no accounts

Company boasts on its website of business it has done yet it is now being voluntarily struck off

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A small local limited company I know of boasts on its website of the projects it has engaged in. One brought in at least £100k in 21-22. Yet it has never submitted accounts to Companies House.

Now its two directors have initiated voluntary strike-off. I have submitted a formal objection to Companies Hse on the grounds that it should have submitted accounts -- i.e. there is a gross inconsistency between the company's website and what it has reported.

But Companies Hse is not interested unless I am personally pursuing the firm through the courts for a debt etc, which I am not. Should it be? Can the directors still be pursued for failure to submit accounts even after the company has been fully gazetted and struck off?   

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paddle steamer
By DJKL
09th Aug 2023 17:30

Who knows/ maybe/possibly but not likely- you may have better luck preventing strike off by advising HMRC but they may only initially object as a knee jerk merely delaying the process.

"Something is rotten in the state of Denmark", accounts dissolution processes do need changed in the UK but whilst they are as they are, **** happens.

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RLI
By lionofludesch
09th Aug 2023 18:33

I vote no.

Though I might change my vote if the facts were less sketchy.

What's your interest in this ? General nosiness ? If this is a voluntary strike off they should have no outstanding debts.

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Replying to lionofludesch:
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By Hugo Fair
09th Aug 2023 19:40

Sketchy is a generous understatement (based on info provided).

Who knows where the company's lies start or end?
For instance: "boasts on its website of the projects it has engaged in. One brought in at least £100k in 21-22" - but, whilst possibly false marketing claims contravene various laws, those won't be of interest to CH or HMRC.

And we've not even been told whether any filings are actually overdue at CH.

The only time I've successfully pursued a vendetta (despite having no personal or professional skin in the game) involved a builder who was ripping off the elderly in my neighbourhood ... so I did detailed research and provided HMRC with hard evidence that his cash receipts alone in the last 6 months exceeded the annual VAT threshold (despite no VAT registration). I don't know whether they focussed on the VAT aspect or the unproven but obvious understatement of income ... but he fled the country (never to return)!

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Lisa Thomas
By Lisa Thomas - Insolvency Practitioner
14th Aug 2023 09:38

Creditors can object to the strike off.

If the company is insolvent there is a small chance the Insolvency Services might investigate the director's conduct.

You can also complain here if the alleged misconduct fits the criteria:

https://www.gov.uk/government/publications/reporting-misconduct-by-compa...

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Lisa Thomas
By Lisa Thomas - Insolvency Practitioner
14th Aug 2023 09:38

Creditors can object to the strike off.

If the company is insolvent there is a small chance the Insolvency Services might investigate the director's conduct.

You can also complain here if the alleged misconduct fits the criteria:

https://www.gov.uk/government/publications/reporting-misconduct-by-compa...

Thanks (0)