Please visit http://www.companyrescue.co.uk/ for confidential help and insolvency advice or email keiths@ksagroup.co.uk

Friday, 25 November 2011

Can I strike off a company if it is insolvent?

In short, no you cannot.  It is one of the conditions that a company can only be "struck off" the companies house register if it is not insolvent.  Or more precisely it is not subject to a formal insolvency procedure and any creditors can object to the striking off.   So, for all intents and purposes it is not advisable to try and strike off a company that has substantial sized debts.

Please read our new page on striking off a limited company

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Many thanks for your comments. If you have a private business problem and you want advice give us a call on 0800 9700 539 or email me at keiths@companyrescue.co.uk. If you are a professional advisor with a troubled client, please suggest they visit www.companyrescue.co.uk or contact me as above.

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