Why it matters
It is usually the simplest way to close a company that can pay its bills, but only if, in the last 3 months, the company hasn’t traded, sold off stock or changed its name, and it isn’t threatened with liquidation. A copy must go to shareholders, creditors, employees and others within 7 days. Anything the company still owns when it is dissolved passes to the Crown1.
To cancel the application, use form DS021. Compare the routes in the ways to close a limited company, or close a limited company with Fileyear.