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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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