Company liquidations:Written question - 5410

Q
Asked by Mark Tami
(Alyn and Deeside)
Asked on: 25 October 2019
Department for Business, Energy and Industrial Strategy
Company liquidations
Commons
To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment she has made of the effectiveness of incentives for directors to apply for voluntary strike-off to dispose of unwanted companies.
A
Answered by: Kelly Tolhurst
Answered on: 31 October 2019

A company can apply to Companies House for a voluntary strike off if it has not traded in the last three months. The process is set out in the Companies Act 2006 and is designed to safeguard those who are likely to be affected by a company’s dissolution. Guidance is also available for directors, and is available on gov.uk.

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