Effect of company strike off

[Archangel]

If a company applies to be Struck off (no debts, no tax due, negligible assets) is there any potential comeback on sole director? Credit rating etc

Anything else to consider?

Thanks

[Lance]

Make sure you pay the strike off fee from your own money not the company’s.
Other than that no problems.
Why would I affect your credit rating when it’s a limited liability company and you intended to close it without any unpaid creditors?

[TheDogsNads]

If a company applies to be Struck off (no debts, no tax due, negligible assets) is there any potential comeback on sole director? Credit rating etc

Anything else to consider?

Thanks

That sounds like you're just talking about closing the company. Always remember HMRC have opportunity to object to the closure process. It is extremely unlikely you'd be in their cross hairs but the possibility is there.

There shouldnt be any affect on your credit rating but it's always a good idea to sign up to the free monthly credit records websites to keep an eye on it anyway.