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Good morning. Thank you for your query. I am Julia, a solicitor, and will be assisting you today.
The fact that you continued using your sole trader bank account means that you kept your sole trader's business activity and may need to pay taxes as a sole trader. However, if your limited company concluded contracts where it was indicated that all payments shall go to your individual business account, then it is fine and such activity will not be considered as the sole trader's activity, but your limited company's instead. In this case your limited company is paying taxes. You can close your limited company by sending form DS01 to the Companies House at any time when you wish and continue as a sole traded only. There is also an automatic way of being removed from the registry - if your company does not file accounts for 3 months, the register will automatically strike off our company from the registry.
Hope this helps. Please feel free to ask further questions if you have any.
The company has a separate personality from you. You and the company are two absolutely different entities. There is no link between the company closure and your personal business account. I do not believe the money from the sole trader's account will pass to the Crown for the reason that your limited company is struck off.
If your company has a business account you need to withdraw money from there before the company's closure.
If a partner retire from a partnership, this will be a “technical” dissolution but the business will still carry on under a new partnership arrangement. In effect, the old firm has dissolved and been replaced by a new firm of partners which will take on the assets and liabilities of the old firm and the business continues without a break. Hope this helps. If you would like further explanation, could you please create a new topic indicating at the beginning that this question is for me? Thank you.