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What happens after first gazette notice?

What is a first Gazette notice? A first Gazette notice is a warning that a company will be struck off the Companies House register, due to non-compliance. If unchallenged, the company will be dissolved, resulting in it being removed from the register and ceasing to exist legally.

How long does it take to strike off a company?

It takes at least three months for a limited company to be struck off the Companies House register. Once the completed DS01 form has been submitted and assuming all the details are correct, Companies House will send acknowledgement of Active Proposal to Strike Off status in the post.

What is the process of strike off?

Procedure for Striking Off Company Name The ROC will publish the dissolution notice in the Official Gazette after striking off the company name in the Register of Companies. Upon publication of the notice in the Official Gazette, the company will stand dissolved.

How long does it take to strike off a company?

It takes at least three months for a limited company to be struck off the Companies House register. Once the completed DS01 form has been submitted and assuming all the details are correct, Companies House will send acknowledgement of Active Proposal to Strike Off status in the post.

What is a dso1?

Form DS01 is used to formally dissolve or strike-off an unwanted company, which means its name will be removed from the Companies House register and it will no longer legally exist.

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Why would a company want to be struck off?

If the company has debts it cannot afford to repay i.e. it's insolvent, you might feel like a compulsory strike off is an effective way to close the company down without having to repay its debts.

What is DS01?

Form DS01 is used to formally dissolve or strike-off an unwanted company, which means its name will be removed from the Companies House register and it will no longer legally exist.

Is striking off the same as dissolving?

To dissolve a company, which is also known as 'dissolution' or 'striking off', is a way of closing down a limited company by removing its name from the official register held at Companies House. Once the name is struck off the register, the company no longer legally exists.

How do you strike off a company that has never traded?

Luckily, it is quite simple to close your limited company if it is dormant or has never traded. You will simply need to fill out form DS01, which is the application to strike off.

What happens when a company is struck off?

Company strike off \u2013 sometimes known as dissolving a company \u2013 is an informal way of closing down a limited company which is no longer required. This could be because the company has ceased trading, the director is approaching retirement, or simply because the directors have no desire to continue running the business.

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