Have You Received a First Gazette Notice for Compulsory Strike Off?
In this article, we’ll explain the meaning of the first Gazette notice for compulsory strike off letter, and what it could mean for your company.
What is a First Gazette Notice for Compulsory Strike Off?
To answer this question we’ll need to define some of the terms used.
Firstly, the Gazette is the official journal of public record. It’s where important statutory notices are required to be published.
Secondly, ‘Striking Off a Company’ is the process of removing it from the official register of companies at Companies House.
With those two defined it becomes clear that the letter you’ve received refers to the fact your company is about to be compulsorily struck off the register. It is going to be closed down and will no longer exist as a legal entity.
In addition to the letter you’ve received, there will now be an advertisement on the Gazette which will be publicly visible.
This action is typically initiated by Companies House as the result of unpaid taxes, or failure to file your company accounts.
What Should I do if I’ve Received a First Gazette Notice for Compulsory Strike Off?
The answer to this will depend on your particular situation. Is the company still operating? Or will you be quite happy for it to be closed down and struck off?
One thing to be aware of is that if you have debts, HMRC will object to the company strike off anyway, so it won’t serve as any easy way to avoid paying them. If that’s the case, your best course of action would be speaking with an insolvency practitioner to put the company into liquidation, which is the correct way to close down insolvent limited companies with debt.
If the letter has come as a shock to you because you would like to keep the company going, then another course of action presents itself which is to file a suspension application to prevent the Strike Off from continuing.
It may be as simple as filing those accounts which are missing, or bringing confirmation statements up to date. In this situation, the letter you’ve received should come as a clear warning that you haven’t been keeping on top of the paperwork which is expected.
How to Object to or Stop a Compulsory Strike Off Action?
Any interested party can submit a formal objection to the impending Strike Off action. That could mean directors, shareholders or even company creditors who don’t want to see the company dissolved before they’ve been paid.
You can object in the following ways:
Companies House England and Wales
Registrar of Companies for England and Wales
If you’re concerned your documents may not arrive in time, call Companies House to ask for a delay of up to 2 weeks.
Telephone: 0303 1234 500
Textphone: 029 2022 6788
Welsh language: 029 2038 0065
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