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Company Law

Department for Business, Energy and Industrial Strategy written question – answered on 31st October 2019.

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Photo of Mark Tami Mark Tami Opposition Pairing Whip (Commons)

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment she has made of the effectiveness of incentives for directors to apply for voluntary strike-off to dispose of unwanted companies.

Photo of Kelly Tolhurst Kelly Tolhurst Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

A company can apply to Companies House for a voluntary strike off if it has not traded in the last three months. The process is set out in the Companies Act 2006 and is designed to safeguard those who are likely to be affected by a company’s dissolution. Guidance is also available for directors, and is available on gov.uk.

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