Hi, can anyone tell me what the situation is with funds from a closed down company being sent to Companies House?
I’ve had a limited company that I’ve recently closed down because it was no longer trading. (I was the owner and only shareholder) Back in December I asked my accountant to strike the company off, and he sent a request to Companies House. I left the bank account open, with £5K in it – this was my money which I’d kept in the company bank account to ensure there was always enough funds in the account. I believe my accountant treated it as a loan from me to the company.
At any rate, I left the bank account open, intending to close it as soon as I heard the striking off process had completed. However, I heard nothing from Companies House – but have just been informed by my bank that because the company has been struck off, they’ve sent the money to – I believe – Companies House, saying they are obliged to by regulations, and that if I want it back, I need to contact a solicitor. This has come at a really bad time as for various reasons I do suddenly need that money quite urgently.
Apologies if this post is vague, the communication with my bank has largely been by phone - I believe they will be writing to me, but I don’t yet have much more specific details, and when I asked my bank for more information, they basically said ‘look on the companies house website’, which isn’t very helpful.
I had no idea anything like this could happen, and am quite horrified that my money can apparently suddenly be appropriated by the Government in this way, without warning. But on a more practical level, can someone tell me (a) how I can get the money back, and (b) explain in more detail what is likely to have happened?
Thanks
I’ve had a limited company that I’ve recently closed down because it was no longer trading. (I was the owner and only shareholder) Back in December I asked my accountant to strike the company off, and he sent a request to Companies House. I left the bank account open, with £5K in it – this was my money which I’d kept in the company bank account to ensure there was always enough funds in the account. I believe my accountant treated it as a loan from me to the company.
At any rate, I left the bank account open, intending to close it as soon as I heard the striking off process had completed. However, I heard nothing from Companies House – but have just been informed by my bank that because the company has been struck off, they’ve sent the money to – I believe – Companies House, saying they are obliged to by regulations, and that if I want it back, I need to contact a solicitor. This has come at a really bad time as for various reasons I do suddenly need that money quite urgently.
Apologies if this post is vague, the communication with my bank has largely been by phone - I believe they will be writing to me, but I don’t yet have much more specific details, and when I asked my bank for more information, they basically said ‘look on the companies house website’, which isn’t very helpful.
I had no idea anything like this could happen, and am quite horrified that my money can apparently suddenly be appropriated by the Government in this way, without warning. But on a more practical level, can someone tell me (a) how I can get the money back, and (b) explain in more detail what is likely to have happened?
Thanks
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