COMPANY RESTORATION

DO YOU HAVE A COMPANY TO BE RESTORED?

We offer a high quality and efficient company restoration service throughout England & Wales. Changes to company restoration procedures and timescales were introduced by the Companies Act 2006. Our experience can help you to achieve the most suitable and cost effective solution for restoring your company.

• Administrative Restorations

  Administrative Restorations were introduced on 1st October 2009 by the Companies Act 2006. If a company has been struck-off by the Registrar of Companies, usually for failing to file Accounts or Annual Returns, it may be eligible for an Administrative Restoration.

  Administrative Restorations do not involve an application to the Court but do require that all outstanding Companies House filings are made and any late filing penalties are paid in full before the company can be restored, and confirmation that the company was trading at the time of strike-off and will continue to trade after restoration.

  It is also necessary to apply for Crown Representative waiver, as all the assets of a struck-off company vest in the Crown. If that company wishes to continue in business, it’s not as simple as just incorporating a new company – the original company must be restored. Otherwise, purporting to deal with any assets of a struck-off company – e.g. debts due, stock, leases, premises or even goodwill – may be an offence. We have long experience of quickly and efficiently obtaining Crown Representative waivers without which Administrative Restorations are not possible.

  For administrative restorations our guaranteed fixed fees start at only £135 plus disbursements.

• Court Restorations

  Company restoration by Court Order is required when the company itself has applied to be struck off, or is not eligible for an administrative restoration or wishes to be restored for a limited purpose and will be struck off again.

  Sometimes companies themselves apply to be struck off but neglect to first transfer out assets held by the company, such as bank balances or title to property. It may also come to light that an asset such as overpaid VAT, a dividend in a liquidation or a long delayed insurance claim payout is due. In such cases a company will usually want to be restored to the register. We also have experience restoring companies for the purpose of pursuing personal injury claims or for recovery of post-liquidation assets. We work closely with solicitors for court restorations.

  For standard company restorations our fixed fees start at only £399 plus disbursements. Times scales are usually 10-12 weeks.

  We can often restore a company in as little as 20-25 working days in urgent matters. We agree a reasonable expedited application fee in those cases, guaranteed in advance in all cases.

  If required we can also make an application on behalf of a restored company to recover assets from Bona Vacantia.

  Call the Company Restoration team on 020 7504 1299 for further details of costs, timescales and who can apply for a Court restoration.

Crichtons has a wealth of expertise in restoring companies to the Register, quickly and cost-effectively. We arrange all court applications in the High Court (Companies Court) London as that is the quickest location.

EXPLANATION OF TERMS

restoring a dissolved company - The company has been dissolved or struck off and needs to be restored to the Register

reinstate limited company - Equivalent to Restoring company

voluntary strike off - Company has been intentionally dissolved by director

restore business - Restoring a business owned by a company

restoring a company - A company has been dissolved/struck off and needs to be restored to the register of companies

company restoration by court order - This is necessary where a company has been Voluntarily dissolved by director

restoring a company to the register - The company may have been struck off by Companies House for non filing or dissolved by a director

strike off my company - If a company is not required, an Application to strike it off can be made by a director

administrative restoration - A company can be restored by Administrative Application if it was struck off for non filing

active proposal to strike off - An application has been made to strike a company off the Register

company status dissolved - The Companies House website shows the company has been Dissolved - i.e. it is not Active

Companies House restoration - A company needs to be restored at Companies House to continue in existence

reinstate an LLP - A Limited Liability Partnership (LLP) can be restored to the Companies House Register

RT01 form - A form required as part of the Restoration process

reopen a dissolved company - Restore a company to the Register

UK company restoration - Companies registered in England, Wales, Scotland, Northern Ireland can be restored to the Register

company restoration disbursements - These are costs which are payable to Companies House for restoration , filing of documents, late filing penalties

cost of restoring a company to the register - These consist of Crichtons professional fees to assist and Companies House disbursements