Taking money out of closed account

[max]

When a company is closed I believe that any company assets become the property of the crown, including presumably any money in the company bank account. So whatever you do, do it quickly. Possibly put the closure on hold until you've taken some professional advice and decided what to do. You don't say why you want to close the company. Might be worth keeping it alive until the next tax year or beyond, paying wife a small salary for admin until money used up, without any tax liabilty?

The OP subject is "Taking money out of closed account"

The money is now the property of the crown.

They can go to the high court to have it re-opened

[mossman]

Yes I know what the title of the post is, but it doesn't make sense. If you ask the bank to close your company account, they will ask you where you want the money sent. You give them your personal bank details, and they transfer the money to it. They wouldn't close the account and leave the money in limbo.

He goes on to say the he's 'in the process of closing the company'. This implies there is still time to get the dosh out of the co. acc. Unless he tells us exactly what the situation is, I guess we'll never know.

[max]

They wouldn't close the account and leave the money in limbo.

Yes they would. When the company is closed, after a period of time, the account is frozen.

Any further access will require the a visit to the high court.