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Company Compliance

Company Strike Off & Closure

Removing a company from the register through the strike off route in Form STK-2, for a company that has stopped trading or never started. Abandoning a registration does not end it: the annual filing obligation continues, the daily fees accrue, and the directors remain on record and exposed. Closing it deliberately stops the clock.

What you get

  • Eligibility assessed first, since a company with liabilities or open litigation cannot be struck off
  • Overdue annual filings brought up to date, which is a precondition rather than an option
  • Board and shareholder resolutions, affidavits and indemnity bonds from each director
  • Statement of accounts prepared as at a date close to the application
  • STK-2 filed with the Registrar and tracked to publication and removal
  • Bank accounts closed and tax registrations surrendered so nothing keeps accruing

How it works

  1. 1Check eligibilityThe company must have no outstanding liabilities and must have been non-operational for the required period. If there are dues or disputes, strike off is not available and winding up is the route instead.
  2. 2Clear the backlogPending annual filings are completed before the closure application. This is the step people hope to skip; the Registrar does not accept STK-2 while filings are outstanding.
  3. 3File STK-2 with the affidavitsEach director signs an affidavit and an indemnity bond. A statement of accounts, certified and dated close to the application, goes in with it.
  4. 4Wait out the notice periodThe Registrar publishes the proposed strike off and allows objections before removing the name. Closure is confirmed when the removal is notified, not when the form is filed.

FAQ

About company strike off & closure

The company has been inactive for years. Can it just be left alone?

Leaving it alone is the expensive option. Annual filing obligations continue whether or not the company trades, the late fee accrues per day per form, and the directors stay on the register and can be disqualified for continuous default. The accumulated cost is usually found by someone trying to close it later.

How long does strike off take?

The application itself is quick to prepare once the filings are current, but the Registrar publishes a notice and allows an objection period before removing the name. Overall duration is driven by that statutory notice period and the Registrar current workload rather than by our end of the work.