This process is also known as a voluntary dissolution. This is a process under the Companies Act to allow the removal of the company from the companies Register, typically when the company is dormant. Please note that this is not an insolvency process.
If the company does not serves no useful purpose, then its dissolution removes the need for filing annual returns and accounts.
The company can only be dissolved (removed from the Companies House register), if the legal conditions apply, ask your particular case to our consultants and we will give you’re the proper answer.