Just done a companies house web check on a Ltd company name I was interested in, and its returned its status as "Active - Proposal to Strike off", does anyone know what this means? I've Google'd it and found a few different explanations, so was hoping someone may be able to give a firm answer?
As I understand it Greg, it is in the stage where the Directors have filled for the company to cease existence but there is a period of time before that happens to allow any creditors to come forward before it is finally struck off completely and available again, providing there are no disputed outstanding issues.
Only concern with taking a previously used name, is you could find yourself getting unwanted contact from the old companies customers/ suppliers.
Sorry, bit pushed for time...hope that makes some sense.
Thanks for the replies Sandra and John, so essentially the reasoning behind a company being struck off in this way are likely to be more negative than a company being dissolved?