Thinking About a Striking Off Company? Sell It to Finacforce Instead
Before you apply to strike off a company, find out what it could be worth. Finacforce provides a free, confidential valuation for eligible UK companies and may offer to purchase your company, helping you realise its value instead of simply closing it.
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Your Company May Be Worth More Than You Think
When a company is no longer needed, striking off may seem like the simplest solution. You may be preparing to complete the DS01 form, remove the company from Companies House and bring your company strike off process to an end.
However, closing your company could mean giving up value that may otherwise be available to you. Any assets, money owed to the company, intellectual property, company name or other transferable interests should be considered before you apply to strike off a company. Assets left in a dissolved company can pass to the Crown, and recovering them may require the company to be restored.
Instead of proceeding directly with a voluntary strike off, you can ask Finacforce to assess your company. We offer a free valuation for eligible UK companies and may purchase the company if it meets our requirements. This gives you the opportunity to understand whether your company has saleable value and potentially earn money from it before choosing dissolution.
A company strike off ends the company’s legal existence. Selling your company may allow you to transfer its ownership and receive an agreed amount, subject to eligibility checks, due diligence and completion of the transaction.
What Is a Company Strike Off?
A company strike off, also known as voluntary dissolution, removes an eligible company from the Companies House register. Directors usually apply online or submit form DS01.
The company must meet specific conditions, including not trading or changing its name during the previous three months, facing liquidation or having a creditor arrangement. Before applying, directors should address liabilities, filings, employees, assets and notify relevant parties, including HMRC.
Companies House publishes a Gazette notice, allowing interested parties to object. If no valid objection is received, a second notice confirms the company’s dissolution
Company Strike Off Cost and Timeline
The cost of striking off a company depends on whether you apply online or by post, so check the latest Companies House fee before submitting form DS01. You may also incur costs for accounting or legal support, preparing overdue filings, dealing with assets or liabilities, or restoring the company if important assets are overlooked. The process involves submitting the application, Companies House review, a first Gazette notice, an objection period and, if no valid objection is received, a second notice confirming dissolution. Delays may occur because of errors, ineligibility, missing notifications or objections. Before paying a strike off fee, request a free Finacforce valuation to see whether your company could be sold instead..
How Can You Earn Money Instead?
A company strike off closes the business but does not pay you for its value. Remaining assets may be lost or pass to the Crown after dissolution.
Selling to Finacforce may allow you to earn money from an eligible company:
- Submit your details for a free valuation.
- Provide accurate company and financial information.
- Let Finacforce complete its checks.
- Receive an offer if eligible.
- Accept or reject the offer.
- Complete the sale if accepted.
The offer depends on your company’s information, condition and suitability. A valuation does not guarantee a purchase.
Explore selling your company before closure
Selling before dissolution may help you:
- Discover your company’s potential value.
- Earn money instead of simply closing it.
- Avoid overlooking assets or balances.
- Compare selling with strike off or liquidation.
- Explore a new company with no trading history if needed.
Request your free Finacforce valuation before submitting the DS01 form.
What Finacforce Can Do
Finacforce helps company owners understand whether selling may be a better alternative to a company strike off.
Provide a free valuation
We review the information you provide and assess whether your company may have value. This may include its age, registration details, company name, trading status, filing history, assets, liabilities and other relevant characteristics.
Explain your options
We help you compare the potential benefits of selling with the consequences of a company dissolution. If a sale is not suitable, you can make a more informed decision about whether to strike off the company or seek professional advice.
Make an offer where appropriate
If your company meets our purchase criteria, we may provide a clear offer. The offer is based on the information available and remains subject to verification and completion checks.
Handle the process clearly
If you accept the offer, we explain the documentation and information required to progress the purchase. Our aim is to keep the process straightforward, confidential and easy to understand.
Help you explore a replacement company
If selling your existing company is not suitable, Finacforce may also help you explore the purchase of a new UK company with no trading history, subject to availability and due diligence.
Finacforce does not encourage owners to conceal assets, creditors, tax obligations or legal proceedings. A company strike off is not a method for avoiding legitimate liabilities, and a sale does not automatically remove historic responsibilities.
What You’ll Need to Prepare
When you decide to sell your company to Finacforce, please provide:
- Company name and registration number.
- Director and shareholder details.
- Company incorporation date.
- Trading or dormant status.
- Latest accounts and confirmation statement information.
- Details of company assets, bank balances and intellectual property.
- Information about outstanding debts, tax obligations or creditor issues.
- Details of employees, contracts or legal disputes.
- Your contact details.
- Proof that you are authorised to sell the company.
Providing accurate and complete information helps us assess your company’s eligibility and prepare a valuation. Our valuation is free and does not oblige you to accept an offer.
How Finacforce Buys Your Company
1. Request a free valuation
Contact Finacforce with your company details. We may ask for information such as the company name, company number, trading status, accounts, liabilities and compliance position.
2. We review your company
Our team assesses the information provided to understand whether the company is suitable for purchase. This may include reviewing Companies House records and other relevant documents.
3. Receive a clear offer
If your company meets our criteria, we provide an offer based on the information available. We explain the proposed next steps clearly, so you can make an informed decision.
4. Accept the offer
If you are happy with the offer, you can proceed. There is no obligation to accept a valuation or purchase offer.
5. Complete the sale
Once the required checks and documentation are complete, Finacforce proceeds with the purchase in accordance with the agreed terms. We keep the process as clear and efficient as possible.
Why Do Company Owners Choose Finacforce?
Free initial valuation
Find out whether your company may have value before you commit to a strike off company application or company closure.
A practical alternative to dissolution
Instead of automatically choosing to dissolve a limited company, you can explore whether selling is more suitable for your circumstances.
Clear communication
We explain the valuation and offer process in straightforward language, without unnecessary jargon or pressure.
Confidential enquiry
Your initial enquiry is handled discreetly. We only request information relevant to assessing your company.
Experienced UK focus
Finacforce supports owners of UK-registered companies who want to understand their options before closing or transferring their company.
No obligation
Requesting a valuation does not require you to accept an offer or proceed with a sale.
Strike Off Company or Sell to Finacforce?
| Consideration | Strike off a company | Sell your company to Finacforce |
|---|---|---|
| Main outcome | The company is dissolved and removed from the Companies House register. | The company may be purchased if it meets Finacforce’s requirements. |
| Potential value | Remaining assets may be lost after dissolution and could pass to the Crown. | You can explore whether the company has saleable value and may receive an offer. |
| Initial step | Complete the DS01 form or submit an online application. | Request a free valuation from Finacforce. |
| Potential financial outcome | You pay the relevant Companies House fee and may lose unclaimed company assets. | You may earn money from the sale if your company is eligible and you accept the offer. |
| Assets | Assets should be dealt with before dissolution. Assets left behind may become bona vacantia. | Assets and company information are reviewed as part of the valuation and due diligence process. |
| Decision | The application proceeds towards closure if no valid objection is received. | You decide whether to accept or reject the offer. |
| Speed and certainty | The process can be delayed by errors, objections or outstanding matters. | The timeframe depends on document checks, eligibility and completion requirements. |
| Ownership | The company ultimately ceases to exist. | Ownership may transfer under the agreed sale documentation. |
| Suitability | Appropriate only where the company meets the legal conditions for voluntary strike off. | Subject to Finacforce’s assessment, verification and purchase criteria. |
| Best first step | Review the official requirements before submitting an application. | Request a free valuation before deciding to strike off the company. |
A company strike off may be appropriate for some businesses, but it is not suitable for every situation. If your company has debts, ongoing contracts, unresolved disputes, employees or insolvency concerns, obtain appropriate legal, accounting or insolvency advice before taking action.
Important Risks of Striking Off a Company
Before choosing to strike off a company, consider the following:
- Company assets should be dealt with before dissolution.
- Remaining assets may pass to the Crown after the company is dissolved.
- A company bank account may be frozen when the company ceases to exist.
- Creditors, HMRC or other interested parties may object.
- A dishonest strike off application can result in penalties or prosecution.
- If the company is not eligible, the application may need to be withdrawn.
- Restoring a dissolved company can be difficult and may require a court order.
GOV.UK states that assets remaining after a company is struck off can pass to the Crown, including bank balances and future payments such as HMRC refunds. If you are considering a company strike off, request a Finacforce valuation before disposing of assets or submitting an application.
Is Your Company Eligible to Be Sold?
Finacforce reviews each company individually. We may consider factors such as:
- Whether the company is registered in the UK.
- Whether the company has traded or remained dormant.
- The company’s filing and confirmation statement history.
- Existing assets, liabilities and financial records.
- Outstanding tax, creditor or legal matters.
- Whether ownership and directorship information can be verified.
- Whether the company can be transferred lawfully and responsibly.
Eligibility does not guarantee a purchase. A company with significant debts, unresolved legal disputes, insolvency concerns or inaccurate records may not be suitable. If you are uncertain about your position, speak to a solicitor, accountant or licensed insolvency professional before deciding between sale, liquidation or a company strike off.
Sell or Buy a New Company With No Trading History
If selling your current company is not the right option, Finacforce may also help you explore the purchase of a new UK company with no trading history, where available and subject to suitability checks.
A company with no trading history may be useful for an individual or organisation that wants a clean corporate structure without acquiring an established trading business. However, it is important to understand that a company with no trading history does not automatically provide creditworthiness, trading reputation, contracts, licences or financial performance.
Before buying a new company, confirm:
- The company’s incorporation details.
- Its registered office and filing status.
- Whether it has ever traded.
- Whether it has outstanding liabilities.
- The identity and authority of the seller.
- The transfer documents and proposed ownership structure.
- Any tax, banking, regulatory or contractual implications.
Finacforce can explain the available options and help you identify whether selling your existing company or buying a new company with no trading history better suits your plans.
Additional Services You May Need
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Our Approach to Due Diligence
Finacforce believes that company purchases should be handled responsibly. We may verify company information, director authority, ownership records, filing status and relevant financial or legal details before completing a purchase.
We do not encourage dishonest applications or the concealment of creditors, assets, tax obligations or legal proceedings. A company strike off is not a method for avoiding legitimate liabilities. Where a company is insolvent or unable to pay its debts, professional insolvency advice may be necessary instead of a sale or voluntary strike off.
What Happens After You Sell?
The post-sale position depends on the agreed transaction structure and the company’s circumstances. You should review the sale documentation carefully and understand when ownership, control, responsibilities and risks transfer.
Finacforce will explain the information and documents required for completion. You should continue meeting your legal and contractual responsibilities until the transaction has completed and the relevant changes have been properly recorded.
Do not assume that selling a company automatically removes every historic obligation. The effect of the sale depends on the agreement, the company’s records and applicable law. Obtain independent legal or tax advice if you need advice specific to your position.
Frequently Asked Questions
Your Company May Be Worth More Than You Think
A company strike off may appear to be the quickest way to close a limited company, but it may not be the most valuable option. Before submitting a DS01 form, find out whether your company could be sold instead.
Finacforce offers a free valuation for eligible UK companies and provides a clear, confidential route to explore a sale. If your company is not suitable, we can help you understand alternative options, including purchasing a new company with no trading history where available.
Request Your Free Company Valuation Today
Find out what your company may be worth before you strike it off.