Many companies are struck-off by the Registrar of Companies and the first the directors know about it is when the company bank account or other assets are frozen! The most common reason is usually for failing to file confirmation statement(s) or Accounts. Frequently companies themselves apply to be struck-off, but overlook transferring credit balances from their bank accounts first, or forget about other assets.
All the assets of a struck-off / dissolved company vest in the Crown (known as bona vacantia), so if that company wishes to continue in business, unfreeze a bank account or there is property it wants to keep or retrieve - the original company must be restored to the Companies House register.
There are 2 procedures for restoring a dissolved company namely administrative restorations and restoration by court order.
The quickest procedure is administrative restoration and is done via an application made to Companies House. It should be noted that for administrative restoration filing of outstanding accounts and confirmation statement(s) and payment of any late filing penalties is required.
If you wish to make an immediate no obligation enquiry please go to our UK company restoration enquiry form or call us on +44(0)1925 757887 or (m) 07710141058.
(Please note if the company was dissolved voluntarily by application of the directors filing a form DS01, they cannot apply for administrative company restoration - they have to apply for restoration by court order. You need a solicitor to deal with that as we do not.)
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