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hello my names chris worden im from first business rescue uh today im going to talk to you about um dissolving a company or striking off a company you may have heard this these terms before that essentially they mean the same thing so im going to start with what does it mean to dissolve or strike off a company well what that means is you have applied to companies house and to take the company off the registering companys house to strike the company off to dissolve the company and what it means is is if your strikeoff is is is approved your company no longer exists uh you cant trade through it the bank account is short and when you some of the reasons why you would apply to strike a company off are i dont know you youre looking to close the company the companys dormant is not traded um you know you might be ready to retire you might be on to you know pastures new and its a very very straightforward process literally itll cost you 10 pounds and you apply to companies house vi