Striking off a limited company is a formal way to close your business by removing it from the register held by Companies House. This process is also referred to as dissolving a company. Though it is one of the quickest and most straightforward routes to company closure, it isn’t always the right option. You need to be aware of the potential pitfalls and the right way to strike off your business.
If you’re wondering how to strike off a company in the UK, this complete guide will walk you through every step. We’ll detail the necessary steps and legal requirements to ensure a smooth and compliant process. Read on to understand the company strike-off process and avoid any delays, objections or penalties.
If you need further help with company strike-off, Anderson Brookes is here to help. Whether you’re no longer trading or planning a fresh start, our licensed insolvency practitioners can help you to take the next step with confidence.
Strike-off at a glance
- Best for: dormant or non-trading, solvent companies with no unresolved issues
- Typical cost: £33 online or £44 by post
- Typical timescale: usually at least 2 months after the Gazette notice; often around 3 to 4 months end-to-end
- Key risks: applying when the company is not eligible, leaving assets in the company, or unresolved HMRC matters
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Table of Contents
Striking Off a Limited Company: What Does It Mean?
Definition of Strike-Off
Striking off a company is a legal process to remove a business from the official register at Companies House. Doing so means that your company legally ceases to exist. There are two main strike-off routes: voluntary strike off and compulsory strike-off.
Voluntary Strike-Off
When the directors of a company choose to close down, voluntary strike-off is one of the simplest routes available. You might opt for this if your business is no longer active or needed. The process is straightforward if you meet all the legal requirements.
Voluntary strike-off is an appropriate route if:
- Your company is solvent, with all outstanding debts and liabilities settled
- It hasn’t traded, sold any stock, or engaged in any other business activity in the last three months
- During the same period, the company’s name hasn’t changed
To apply for strike-off, you must file a DS01 form with Companies House. This begins a window during which objections can be lodged against the strike-off. In most cases, this period lasts two months. If no objections are received, the company is struck off the register and its legal existence end.
Compulsory Strike-Off
Compulsory strike-off happens when Companies House takes action to remove a company from the register. This can occur if:
- You fail to file annual accounts or confirmation statements
- The company has no registered directors
- There’s suspicion of fraudulent activity
Compulsory strike-off is initiated by Companies House sending warning letters. If you don’t respond, they’ll publish a notice in the Gazette and strike off the company after two months. You may notice an active proposal to strike off notice against your business’s name on Companies House.
Apply to Strike Off and Dissolve a Company: Step-by-Step Guide
| Step | Description |
|---|---|
| 1. Review eligibility criteria | Ensure the company meets all requirements, including no trading or liabilities for at least 3 months. |
| 2. Notify stakeholders | Inform employees, creditors, and shareholders about the intention to dissolve the company. |
| 3. Settle all outstanding obligations | Pay off debts, resolve disputes, and handle any remaining tax obligations. |
| 4. Distribute remaining assets | Allocate any remaining assets among shareholders before filing the application. |
| 5. Complete the DS01 form | Fill out the strike-off application form accurately and have it signed by the majority of directors. |
| 6. Submit the DS01 form | File the form with Companies House and pay the associated fee. |
| 7. Advertise the strike-off | Companies House will publish a notice in The Gazette to announce the intended dissolution. |
| 8. Monitor for objections | Creditors or stakeholders have 2 months to object; ensure no objections are raised. |
| 9. Confirm strike-off | If no objections arise, the company will be struck off the register, and its legal existence ends. |
| 10. Retain company records | Keep records for at least 6 years as required by law for dissolved companies. |
Can I Strike Off a Limited Company?
Before you apply to strike off a company, you need to confirm you are eligible. You generally cannot apply for strike off if, in the last 3 months, your company has traded, changed its name, or disposed of property for value in the normal course of trading. You also cannot apply if the company is in, or facing, insolvency proceedings. If you apply when you are not eligible, that can create real risk for directors.
Can I Strike Off a Company with Debts?
No, you cannot strike off a company in the UK if it has outstanding debts. If your business owes money to suppliers, lenders, or any other creditors, applying to strike it off is not permitted. Similarly, closing a limited company with HMRC debts carries its own set of risks, and strike-off should be avoided.
If you attempt to strike off your company despite this, it is likely to be challenged. Creditors, including HMRC, are legally entitled to object to your strike-off application, which can result in the process being suspended or the company being reinstated at a later date.
Some directors mistakenly believe that striking off is a way to close down a struggling company quietly. However, using this route when debts are still owed can lead to serious consequences, including personal liability, fines, or even disqualification as a director.
Instead, if your company has debts it cannot repay, the correct course of action is to explore a formal insolvency route. This allows you to deal with your company’s liabilities in a legal and managed way, protecting creditors and giving you a clean break. One of the most common and effective routes is a Creditors’ Voluntary Liquidation (CVL): a formal process that allows you to close your limited company and write off unsecured debts that cannot be paid.
Strike-Off, Liquidation and Dissolution: Differences Explained
“Striking off” and “dissolution” are often used interchangeably. In plain English, strike-off is the process that removes the company from the Companies House register, and dissolution is the legal end result.
What matters most is choosing the right closure route:
- Strike off is usually appropriate for a company that has stopped trading and can settle everything cleanly.
- Liquidation is usually appropriate if the company is insolvent (cannot pay debts as they fall due) or if you want a formal process to deal with liabilities.
If you are weighing up options, get in touch with our licensed insolvency practitioners for advice tailored your situation.
When Can You Strike Off a Company?
Striking off a company is possible under specific circumstances. The process allows you to remove your limited company from the register at Companies House, effectively dissolving it.
Eligibility Criteria
You can strike off your company if it hasn’t traded or changed its name in the last 3 months. The company must not have any ongoing or pending legal proceedings against it. Additionally, there should be no agreements with creditors, such as a Company Voluntary Arrangement (CVA).
Your company must not have sold any property or rights for value in the last 3 months. This includes transferring assets to shareholders. All outstanding debts and liabilities must be settled before applying for strike-off.
The company should have filed all required accounts and tax returns with HMRC and Companies House.
Exceptions And Restrictions
You cannot strike off your company if it has outstanding debts or is insolvent. The process is not suitable for avoiding creditor obligations or legal responsibilities.
Companies involved in ongoing legal disputes or subject to formal insolvency proceedings are ineligible for strike off. This includes businesses under investigation by regulatory bodies.
If your company has disposed of assets in the last 3 months, you must wait before applying. Similarly, if you’ve recently changed the company name, you’ll need to delay your application.
Companies with bearer shares or those acting as corporate trustees are typically not eligible for strike-off.
Checklist: Before You Apply for Strike-Off
Most “easy” strike offs are straightforward because the groundwork is done first. Here is what we usually recommend you address before you apply for strike off:
- Stop trading and close down operations, including contracts, subscriptions, premises, and suppliers
- Settle liabilities, including any disputed amounts
- Deal with company assets: cash, equipment, stock, IP, domain names
- Close the company bank account once everything is correctly distributed
- Finalise HMRC matters, such as Corporation Tax, VAT, PAYE, CIS if relevant
- Bring statutory filings up to date (accounts and confirmation statement where applicable)
- Plan record-keeping: companies often still need to keep records after dissolution
Two common pitfalls we see are leaving money in the bank account and assuming a refund will be fine later. Once the company is dissolved, the bank account can be frozen and assets can pass to the Crown. Our guide on what happens to company assets after a strike-off explains this clearly.
When Is Strike-Off a Bad Idea?
Striking off a company can seem like a quick and simple way to close your business – but it’s not the right option for every situation. In fact, choosing to strike off at the wrong time can cause serious problems down the line.
You should avoid applying for strike off if your company:
Has any outstanding debts or unpaid taxes
Has received demands or legal threats from creditors
Is being chased by HMRC for unpaid VAT, PAYE or Corporation Tax
Is under investigation or subject to a legal claim
Has not filed accounts or tax returns recently
Has transferred assets to directors or shareholders in the last few months
In these cases, striking off is likely to be blocked by objections from creditors or HMRC. Even if your application goes through, it can later be reversed — and you may be held personally responsible for any losses, especially if it looks like you’ve tried to avoid paying what’s owed.
How to Apply to Strike Off a Limited Company
Completing Form DS01
To begin the strike-off process, you’ll need to complete Form DS01. Most directors looking to strike off at Companies House do so online. You’ll need the following details:
- your company number
- the company authentication code
- sign-in details for the service
- email address for each director who needs to sign
- a debit or credit card (or Companies House credit account)
For the strike-off to go ahead, the majority of directors need to agree. It is typically best practice to ensure that all directors agree to the strike-off. Any disagreements could lead to objections and delay the process. If there’s only one director, their signature will suffice.
How Much Does It Cost to Strike Off a Company?
Once you’ve filled in all required details accurately, you must submit your completed form to Companies House. This comes with filing fees:
- £33 if you file form DS01 online
- £44 if applying by post
Pay the fee using an accepted method.
Paper Applications
Some directors still prefer paper, or need it for specific circumstances. You should only fill out a paper application to strike the company off the register if you are unable to do so online.
What Happens After You Submit the Application?
Once Companies House accepts the application:
- The application is registered and appears on the public record.
- A notice is published in the relevant Gazette.
- There is a period where interested parties can object.
- If there is no reason to delay, the company is struck off and dissolved.
Who You Must Tell After You Apply for Strike-Off
After you apply for strike off, you must send a copy of the application to relevant parties, including shareholders, employees, creditors (including HMRC), and any directors who did not sign. This notification step is part of what makes the application to strike off a company valid, and it is also where objections often start.
How Long Does It Take to Strike Off a Company?
One of the most common concerns directors have is how long it takes to strike off a company after submitting form DS01.
Typical Strike-Off Timeline
While every case is different, a realistic timeline often looks like this:
- Week 1-2: you prepare the company and submit the application
- Week 2-4: Companies House registers it and the Gazette notice is published (timing varies)
- +2 months: minimum objection window after the Gazette notice in most cases
- +2–6 weeks: final notice and dissolution (if no delays)
So, a practical answer is that strike-off often takes around 3–4 months end-to-end, but the key “clock” is the Gazette notice plus the objection period.
When Strike-Off May Take Longer
Common reasons the process slows down include:
- HMRC objections (often linked to missing returns or perceived outstanding liabilities)
- a creditor objection (even where the director believes there are no debts)
- paperwork errors
- outstanding statutory filings
- assets still sitting in the company
What Happens After a Company Is Struck Off?
When a company is struck off, it ceases to exist legally. This process has significant implications for the company’s assets and legal status. The company’s property becomes bona vacantia, and directors lose access to company bank accounts.
Impact on Company Assets
After strike-off, the company’s assets become frozen. You’ll no longer have access to company bank accounts or other financial resources. Any property or rights owned by the company are considered ownerless. This includes intellectual property, trademarks, and physical assets.
If you attempt to conduct business or trade using the struck-off company’s name, you could face legal consequences.
Former directors and shareholders cannot claim or distribute company assets after strike-off. Any attempts to do so may result in legal action.
If the company has retained profits or assets that need a formal distribution route, a Members’ Voluntary Liquidation may be more appropriate.
Bona Vacantia and Crown Property
When a company is struck off, its assets become “bona vacantia” – ownerless property that passes to the Crown. The Treasury Solicitor’s Department manages these assets on behalf of the Crown.
The Crown can sell or dispose of these assets as it sees fit. If valuable assets exist, the Crown may choose to restore the company to recover them. This process can be complex and costly.
In some cases, you might be able to apply to the Treasury Solicitor to claim assets of a dissolved company. This typically applies to assets with sentimental value or those of minimal financial worth.
It’s important to note that liabilities don’t disappear with strike-off. Creditors can still apply to have the company restored to pursue debts.
Can You Restore a Company After Strike-Off?
Yes, in many cases a company can be restored, but it depends on the circumstances and how long it has been since dissolution. This step can be necessary if you need to recover assets or respond to a late claim from a creditor. For advice, read our guide to restoring a struck-off company.
HMRC and Strike-Off
Searches like “HMRC strike off company online” usually come from one misunderstanding: the application is made via Companies House, but HMRC can still object if tax matters are unresolved.
Before you apply to strike off, you should usually:
- file final accounts and Corporation Tax return up to the cessation date
- settle any tax due (or agree the correct process if the company cannot pay)
- cancel VAT registration if the company has stopped trading
- close PAYE schemes and employer obligations if relevant
If the company owes HMRC and cannot pay, do not rely on strike off as the solution. Get advice with our guide to closing a limited company with HMRC debts.
Common Mistakes to Avoid
Striking off a company in the UK requires careful attention to detail and adherence to legal requirements. Errors in paperwork or failing to inform key parties can lead to significant delays and complications in the process.
Errors in Form DS01
The DS01 form is the key for initiating the strike-off process. Ensure all directors sign the form, as missing signatures are a common oversight. Double-check company details, including the registered office address and company number, for accuracy. Incorrect information can result in rejection.
Timing is essential. Submit the form within 7 days of the company ceasing trading. Late submission may raise questions about the company’s status. Be aware that striking off is not suitable for companies with outstanding debts or ongoing legal disputes.
Failing to Notify Stakeholders
Notifying stakeholders is a legal requirement often overlooked. Inform all shareholders, creditors, employees, and pension fund managers of your intention to strike off the company. Send formal notices within 7 days of submitting the DS01 form.
Neglecting to notify HMRC can lead to tax complications. Settle all outstanding tax obligations and inform HMRC of your plans to close the company. Failure to do so may result in the strike-off application being rejected or the company being restored to the register later.
Remember to close company bank accounts and cancel any leases or contracts. Overlooking these steps can create ongoing liabilities and hinder the strike-off process.
Apply to Strike Off Your Company with Confidence – Speak to a Licensed Professional
IMPORTANT: Can’t Pay Debts? Strike-Off Is Not an Option
If your company owes money, including to HMRC or suppliers, striking it off is not allowed. Creditors are likely to object, and you could face serious consequences including director disqualification.
In this case, you’ll need to explore a formal insolvency process, such as Creditors’ Voluntary Liquidation (CVL).
Striking off a company can be a complex process with important legal and financial implications. While you can handle it yourself, seeking expert guidance can help ensure everything is done properly and you are making the right choice.
Professional advisors like accountants or solicitors can provide valuable assistance. They understand the intricacies of company dissolution and can advise on potential issues.
Many firms offer specialised company strike-off services. These experts can:
- Review your company’s eligibility for strike-off
- Help prepare and file the necessary paperwork
- Ensure all legal requirements are met
- Advise on settling outstanding debts and obligations
- Guide you through the process step-by-step
Consulting experts is particularly useful if your company has complex finances or multiple shareholders. They can help navigate any challenges that arise.
Remember, a botched strike-off attempt can lead to penalties or complications down the road. Professional support minimises these risks.
When choosing an advisor, look for firms with experience in UK company law. Check their credentials and read client reviews. Many offer free initial consultations to discuss your needs.
While there’s a cost involved, expert guidance can save you time and prevent costly mistakes. It provides peace of mind that your company is being closed down correctly and efficiently.
Frequently Asked Questions
Striking off a company involves several key procedural and legal considerations. Directors must follow specific steps and be aware of important timelines and obligations throughout the process.
What procedural steps must be followed to voluntarily strike off a company with Companies House?
To voluntarily strike off a company, you must first ensure the company is eligible. This means it hasn’t traded or changed names in the last 3 months. You’ll need to complete form DS01 and submit it to Companies House along with the required fee.
Before applying, you must notify all relevant parties within 7 days of submitting the form. This includes shareholders, creditors, employees, and pension managers. Companies House will then publish the strike-off notice in the Gazette.
How can I tell if a company has been compulsorily struck off for failing to file accounts?
You can check a company’s status on the Companies House website. Search for the company and look at its filing history. If it’s been compulsorily struck off, you’ll see a notice of dissolution.
The Gazette also publishes notices of compulsory strike-offs. You can search their database for official announcements regarding specific companies.
How do I apply to strike off a company in the UK?
You apply by completing Form DS01 and submitting it to Companies House, along with the £10 fee. You must notify shareholders, creditors, and HMRC within 7 days, and ensure your company has not traded or changed name in the last 3 months. If no one objects, the company will be struck off after about 3 months.
What are the legal implications for directors after a company strike off occurs?
After a company is struck off, directors are no longer responsible for its day-to-day operations. However, they may still be liable for certain debts or legal issues that arose during the company’s active period.
If the strike-off was voluntary, directors must ensure all assets are properly distributed before dissolution. Failure to do so could result in personal liability for any undistributed assets.
How much time is typically required to complete the strike off process in the United Kingdom?
The strike-off process typically takes about 3-4 months from start to finish. After submitting the DS01 form, Companies House will publish the strike-off notice in the Gazette.
There’s a 2-month waiting period for objections. If no objections are received, the company will be struck off about 2 weeks later. The entire process can be completed in as little as 3 months.
Are there any necessary notifications or communications with HMRC when initiating a strike off?
Yes, you must inform HMRC when initiating a company strike-off. You’ll need to file final accounts and tax returns up to the date of cessation of trade.
You should also cancel your VAT registration if applicable. It’s important to settle any outstanding tax liabilities before applying for strike-off to avoid objections from HMRC.
Is it mandatory to submit final accounts before proceeding with the application to strike off a company?
Yes, it’s mandatory to submit final accounts before applying for strike-off. These accounts should cover the period from your last accounting date to the final day of trading.
You must also file a final Corporation Tax return. Failing to submit these documents could result in objections to the strike-off application and potential penalties from HMRC.
Are there any changes to strike off rules in 2025 or 2026?
As of 2025, there have been no major changes to the rules around striking off a company in England and Wales. The process still requires a company to be solvent, inactive for at least three months, and clear of legal proceedings. However, directors should stay informed of any updates from Companies House or HMRC. We regularly update our advice to reflect the latest guidance.
Can I strike off my company if I owe HMRC?
If the company owes HMRC and cannot pay, strike-off is usually not the right route. HMRC can object, and you may need a formal insolvency process.
What does “Companies House striking off” mean?
It can mean either your voluntary application is progressing, or Companies House has started compulsory strike off due to missing filings or other triggers.
What happens if someone objects to the strike-off?
The strike off can be paused, and you may need to resolve the underlying issue (often filings, tax, or a creditor dispute).