What is a DS01?
A DS01 form is used to formally dissolve a limited company and remove its name from the Companies House register, which means it will no longer legally exist.
How long does a DS01 take to process?
around 3 months
How Long Does a Ds01 Take to Process? It currently takes around 3 months to strike a company off the register, from the moment the DS01 is submitted.
Can form DS01 be filed online?
You should only send a paper form DS01 if you cannot apply online. It’s taking much longer than usual to process paper documents sent to us by post.
Where do I send DS01 to HMRC?
Where do I send the form DS01 and cheque?
- Companies House, Crown Way, Cardiff CF14 3UZ – for English and Welsh companies.
- Companies House 4th Floor Edinburgh Quay 2, 139 Fountainbridge, Edinburgh EH3 9FF – for Scottish companies.
What happens after first gazette notice?
A Gazette notice will declare that the company will be struck off Companies House and cease to legally exist. The strike off notice will give you three months until the company is removed from the register as a result of failure to file company accounts or non-payment of tax.
Can HMRC reinstate a dissolved company?
Dissolution is only suitable for solvent companies that are debt-free, so if you dissolve a company with tax debts, HMRC can chase the payment for up to six years from the date of dissolution. They can apply to reinstate the company and investigate the affairs of the company and director conduct.
How long does a voluntary strike off take?
It takes at least three months for a limited company to be struck off the Companies House register. Once the completed DS01 form has been submitted and assuming all the details are correct, Companies House will send acknowledgement in the post.
Why would Companies House strike off a company?
In a process known as compulsory strike off, a third party such as Companies House will petition for the company to be removed from the register, typically for reasons of non-compliance. This may include: Failing to submit your annual confirmation statement (Form CS01) Failing to file accounts on time.
Why do companies get a first Gazette?
A first Gazette notice is a warning that a company will be struck off the Companies House register, due to non-compliance. If unchallenged, the company will be dissolved, resulting in it being removed from the register and ceasing to exist legally.
Can HMRC investigate a closed company?
Can HMRC Investigate Closed Companies? The answer is a resounding yes. Many people assume that a company that has been dissolved and struck off the Companies House register is no longer liable for tax and debt demands.
How far back can HMRC investigate?
HMRC will investigate in detail and retrospectively based on the case and how serious it is. If they suspect deliberate tax evasion, they can investigate as far as 20 years. Investigations into careless tax returns can go back 6 years and investigations into innocent errors can go backup up to 4 years.
Is it a criminal Offence not to file accounts?
Failure to file accounts for your company is considered a criminal offence which can result in the company directors being personally fined in the criminal courts.
Why would a company voluntary strike off?
Normally the reason for voluntarily striking off a company is to remove the administrative annual filing burdens of a company which is no longer trading – possibly due to retirement of the directors, or because the business has been abandoned or restructured within a new company.
How do you revive a company after a strike off?
Reviving a struck-off company A company that is struck off from the ROC may be revived by filing an application to the National Company Law Tribunal (NCLT) in FORM STK 7 wherein the order of striking off may be challenged.
Can I stop a company being struck off?
You can let the company be formally closed and removed from the official register. If you want to accept the strike off and close your company but have outstanding debts and/or assets, you’ll need to follow the legal dissolution route of Company Liquidation.