RE: Made money11 Mar 2026 07:56
An 'Active Proposal to Strike Off' status for UKOG PLC on Companies House indicates that the company is in the process of being dissolved and removed from the official register. This status arises when the company has failed to meet statutory obligations, such as filing overdue accounts or confirmation statements, or when a voluntary application to close the company has been accepted.
Key implications include:
The company remains a legal entity but cannot trade or incur new debts.
A notice is published in the Gazette, followed by a two-month objection period during which creditors, HMRC, employees, or other stakeholders can object.
If no objections are received, the company will be dissolved and cease to exist.
If objections are raised, the strike-off process is suspended, and the company remains active until the issue is resolved.