Strike off (dissolution)
What it is
Removing a company from the Companies House register. It can be voluntary (the directors apply to close the company) or compulsory (Companies House removes it for non-compliance, such as missing filings).
Why it matters
A struck-off company legally ceases to exist; its bank accounts can be frozen and its assets pass to the Crown (bona vacantia). Restoration is possible but slower and more expensive than staying compliant.
Common mistake
Ignoring strike-off warning letters. Acting quickly (filing what's overdue) can get a compulsory strike-off suspended.
Official source
GOV.UK — Strike off, dissolution and restoration ↗Disclaimer
General educational guidance only — not legal, tax, accounting, immigration, investment or financial advice. We don't guarantee the information is complete, current or suitable for your situation. Always check official sources (GOV.UK, Companies House, HMRC, the relevant professional body) and speak to a qualified professional before acting. Last reviewed: June 2026.