How Do I close Down a LTD Company?
Discussion
Was on the cusp of going freelance in 2019 to the point I created a limited company and various other bits, shortly after I got offered a decent full time PAYE position, so said limited company has actually never operated or been used, zero income and zero outgoings.
I want to close it, as I currently have no intention to use it, HMRC now emailing recently about accounts but there are none because it hasn't operated at all. Any advice would be very much appreciated
I want to close it, as I currently have no intention to use it, HMRC now emailing recently about accounts but there are none because it hasn't operated at all. Any advice would be very much appreciated
As the OP states the company never actually did anything during its entire existence, my assumption would be that it never had any money in its bank account. Indeed the OP may never have opened a company bank account.
If that is the case, then there are no concerns about clearing the bank account before closing the company down.
On that basis, all the OP has to do is complete a Striking Off application form and submit it to Companies House. There is a filing fee of £10.
If that is the case, then there are no concerns about clearing the bank account before closing the company down.
On that basis, all the OP has to do is complete a Striking Off application form and submit it to Companies House. There is a filing fee of £10.
Eric Mc said:
As the OP states the company never actually did anything during its entire existence, my assumption would be that it never had any money in its bank account. Indeed the OP may never have opened a company bank account.
If that is the case, then there are no concerns about clearing the bank account before closing the company down.
On that basis, all the OP has to do is complete a Striking Off application form and submit it to Companies House. There is a filing fee of £10.
Is the OP's company at risk of penalties/surcharges for failing to file corp tax.with HMRC?If that is the case, then there are no concerns about clearing the bank account before closing the company down.
On that basis, all the OP has to do is complete a Striking Off application form and submit it to Companies House. There is a filing fee of £10.
It could be. From my experience HMRC would have already been chasing for late Corporation Tax returns if that was the case.
I'd still go ahead and apply for the Striking Off. If HMRC feels that they have unpaid liabilities due to them, such as unpaid late filing penalties, they will block the striking off until the debts are cleared.
I'd still go ahead and apply for the Striking Off. If HMRC feels that they have unpaid liabilities due to them, such as unpaid late filing penalties, they will block the striking off until the debts are cleared.
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