A company dissolution is also known as a company strike off because it means that the firm in question will be struck off the register at Companies House.
To put it simply, dissolving a company means that it will no longer exist as a legal entity. Companies that have been dissolved will, consequently, no longer be able to trade. At Salient Insolvency, we have a wealth of experience to share with company dissolution processes and we can offer you our expert advice if you are considering striking your business off the official register.
Businesses are dissolved for all sorts of reasons these days and a company dissolution isn’t necessarily a sign of commercial failure. Some companies achieve what they set out to do or simply run their course and, therefore, dissolving them means that other business interests are disassociated with them. Ask us about our company dissolution services or take our online assessment to see for yourself whether this might be the right course of action in your case.