Striking Off Procedure
Below is a list of the steps you need to go through to close a company:
Submit final accounts to Companies House (if applicable).
Close company tax schemes (e.g. PAYE, VAT and/or CIS).
Pay all outstanding creditors - especially your Millward, May & Co accountancy bill if that’s outstanding!!
Pay all outstanding company taxes to HMRC (e.g. VAT, PAYE, CIS and/or Corporation Tax). If the company owes taxes to HMRC, the striking off application will almost always be unsuccessful.
Receive any outstanding tax refunds from HMRC that relate to the business (e.g. a VAT refund).
Once the company has paid/received all monies, pay out the remaining funds to the director so that the bank balance is nil before closing down the company bank account.
Apply for the company to be struck off by submitting a DS01 form to Companies House (see below with details on how to do this).
Bank Account
IMPORTANT:
The company bank account will be frozen once the company has been struck off so make sure that your company bank balance is nil before you submit a DS01 form to Companies House.
Striking Off Application
In order to close down a company you will need to fill out a DS01 form either online (£8 fee - electronic payment) or via post (£10 fee - cheque or postal order).
The following information is required for the form:
Company name
Company number (which can be found by entering the company name on the Companies House website)
Name(s) and signature(s) of the director(s)
If doing the online form, you will also need the 6 digit Companies House authentication code