Since November 2025, there has been a major shift in how company information is reviewed and enforced at Companies House.
Changes introduced under the Economic Crime and Corporate Transparency Act 2023 mean the Registrar of Companies is now far more proactive. Where documents were once accepted with little or no scrutiny, Companies House is now actively reviewing filings and taking action where information is missing, inaccurate, or non-compliant.
As a result, we are seeing a significant increase in companies being compulsorily struck off.
Why are more companies being struck off?
One of the biggest changes is the introduction of mandatory identity verification. This applies to:
- Company directors
- Persons with Significant Control (PSCs)
- LLP members
These requirements apply to both new and existing companies. Where identity verification has not been completed, or where filings are incorrect or overdue, Companies House now has greater powers to challenge the information provided and take enforcement action.
In some cases, this enforcement action leads to the company being struck off the register.
What happens when a company is struck off?
Being struck off is not just an administrative issue, the consequences can be serious.
Once a company is struck off:
- It legally ceases to exist
- Any assets owned by the company automatically pass to the Crown as bona vacantia
This includes:
- Money held in company bank accounts
- Property
- Shares or other investments
Many directors are surprised to learn that even cash in a company bank account can be lost if no action is taken in time.
Can assets be recovered after strike off?
In many cases, yes, but time is critical.
We regularly assist directors and shareholders with:
- Recovering assets from companies that have been struck off
- Restoring companies to the register
- Advising on whether restoration or alternative recovery routes are appropriate
The time limits and process vary depending on whether the company was struck off voluntarily or compulsorily. Leaving matters too late can make recovery more complex, costly, or in some cases impossible.
What should you do if your company has been struck off?
If your company has already been struck off, or you are concerned that it may be at risk, it is important to seek advice as soon as possible.
Early action can make a significant difference to:
- Whether assets can be recovered
- The speed of the process
- The overall cost involved
Our insolvency team can guide you through the options available and help you take the appropriate next steps.
We’re here to help
Our insolvency team can advise directors and shareholders on company restoration and asset recovery.
Get in touch with our team today for specialist advice, speak to a member of our team on 0800 118 1500 or complete the form below.
Disclaimer
This blog was written by Stuart Turner, Director & Solicitor in our Dispute Resolution Team. The contents of this blog, or any other published by Talbots Law, cannot be considered as legal advice so you should take no action without prior consultation with a qualified solicitor or legal professional. The contents of this blog refers to the process in England and Wales.