Q&As

Can a company return its share capital as part of the strike off and dissolution procedure? If not, are there any quick, cheap and simple ways of returning capital to shareholders before the strike off?

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Published on: 06 August 2019
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It is not possible to combine a return of capital of a limited company to shareholders with the Striking off and Dissolution procedure set out in Part 31 of the Companies Act 2006 (CA 2006).

The procedure to strike off a company is very simple and consists of filing a form DS01 and the appropriate fee with Companies House, who will only examine the form to ensure that it is procedurally correct. Any steps to return capital to shareholders or otherwise deal with a company’s

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Jurisdiction(s):
United Kingdom
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Key definition:
Share Capital definition
What does Share Capital mean?

A company’s share capital comprises the number of shares issued to investors either on or after incorporation. The amount of share capital is represented on the company’s balance sheet by available assets.

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