Accounts penalty, company struck off. What happens if I don't pay?
based in England
Hi all,
I'm in a slight pickle and it's gotten me stressed so if anyone could shed light on what might happen I would appreciate it.
I set up an ltd a couple of years back, but for a range of reasons I never started trading. I wanted to keep it on the back burner in case this changed and I was able to start trading.
I kept an eye on letters that came through the post so that I'd keep on top of everything, but unfortunately I didn't submit my accounts and they ended up being a month overdue.
at this point, I was stressed and instructed my accountant to strike off the company. He did so, I got the notice etc. A week later I got my penalty notice for £150. I asked him if this needed paying and he said I shouldn't need to as the company is currently being liquidated (not sure if you can call it that when there weren't any assets??), and I just want to know if anyone has experience of what happens in this case?
Will it be held against me in any capacity? Background checks, can I be made liable to pay as director? Will the penalty die with the company?
The wording in the letter says "the company must pay £150"
Any advice would be appreciated.