Call our team +44 (0) 207 566 3939

Blog

How to close a Limited Company the correct way!

How to close a Limited Company the correct way!

by | Jul 9, 2014 | Blog, Company Formation Services, Uncategorized | 0 comments

Closing a Limited Company

Closing a company is referred to as dissolving (striking off or winding up). A Ltd Company can close under Section 1008 of the Companies Act 2006, however it has to meet all of the stated requirements.

  • You have not changed the company name within the last 3 months
  • You have not traded within the last 3 months
  • The company is not subject to any legal action current or even propose
  • You have not made a disposal for value of property or rights

If you have met the above conditions then you can continue to the striking off application. You will need fill in a form DS01 Striking Off Application. This form will need to be signed by a majority of the directors and will enclose a fee currently £10 to the below addresses.

Companies House, Crown Way, Cardiff CF14 3UZ – for English and Welsh companies
Companies House 4th Floor Edinburgh Quay 2, 139 Fountainbridge, Edinburgh EH3 9FF – for Scottish companies
Companies House 2nd Floor The Linenhall, 32-38 Linenhall Street, Belfast BT2 8BG – for Northern Ireland companies

You are also required to send a copy to the below parties

Once the application has been accepted a notice will go into the local City Gazette, which will notify the public of at least 3 months` notice period.

If you need a helping hand please do get in contact with us. We have seen it all, no matter how small or trivial we really do understand how important it is to be sure on everything before proceeding with such a big decision. Please do contact Your Virtual Office London today, we are always happy to help. You can also find more helpful information in our Company Formation Services blog here.

Blog Categories

Contact Details

Tel: 0207 566 3939

Fax: 0207 566 39352

Sales: office@capital-office.co.uk

Support: support@capital-office.co.uk

Our Location

Capital Office
Kemp House
152-160 City Road
London, EC1V 2NX

Opening Hours

Monday - Friday: 9.00AM – 5.00PM
Saturday: Closed
Sunday: Closed

All You Need to Know About Limited Company Shares

All You Need to Know About Limited Company Shares If you’re set to launch a company limited by shares, it’s important for you to understand all there is to know about these limited company shares and what they mean for your business. Before you begin working via your...

Appointing and Removing Company Directors 101

Appointing and Removing Company Directors 101 There may be a number of reasons you’ll want to remove your existing company director and/or appoint a new individual to the role. Whether you’re planning a major reshuffle at the top for the sake of changing course of...

Where Do I Send My Stock Transfer Form?

Where Do I Send My Stock Transfer Form? Congratulations! You’re either a newly formed business, or you’ve been running your brand from a reputable business address for some time. But with the plaudits comes the pressure; not least the overwhelming number of...

7 Important Roles of a Company Director

7 Important Roles of a Company Director You may be the proud owner of a new business, functioning from a credible business address, and envisioning a bright future ahead. But if you’re unsure about exactly what a company director’s role entails, then you may find...

How to Transfer Company Shares

How to Transfer Company Shares If you’re the proud owner of a business, functioning from a reputable business address, you may soon find yourself making important decisions with shareholders regarding the transfer of company shares.  Shares Defined Before we...

Memorandum and Articles of Association 101

Once you’ve obtained a registered office address, your business will be running in earnest along with the presence of a pile-up of paperwork. You can avoid becoming overwhelmed by the inevitable if you familiarise yourself with vital business terms and documents;...

In a hurry and just want some advice?