How to Restore a Dissolved Company
There are several reasons you may want to restore a dissolved company. You might be a company director who has lost company assets to the Crown via a compulsory strike-off or you may simply want to resume trading.
Alternatively, you may be a creditor seeking to restore a company so you can reclaim the money that is owed to you.
The route to company restoration varies depending on the manner in which a company underwent dissolution, each with its own process and criteria for eligibility. In this guide, we’ll be covering all of the ways in which a company can be restored.
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Administrative Restoration
If your company has been forcibly removed from the Companies House register via a compulsory strike-off, you’ll need to pursue administrative restoration. There are several criteria that must be met in order to apply:
- You must have been a company director or shareholder
- The company must have been dissolved in the last 6 years
- It must have been trading at the time of dissolution
Additionally, any non-submitted documents must be uploaded to Companies House. This could include annual accounts, confirmation statements, or updates to your registered business address.
Restoration via Court Order
For cases that cannot be rectified through administrative restoration, you will have to get the company restored via a court order. There are many reasons why you could pursue a court order restoration:
- You voluntarily struck off your company but now want it reinstated
- The company owed you money before it was dissolved
- You had a contract that the company violated
- You’re responsible for the company’s pension fund
You must apply to have the company restored within 6 years of its dissolution – the only exemption to this rule applies to those with a personal injury claim.
It can take up to 15 weeks for the court to reach a decision.
The form costs £280 to submit. You’ll also need to pay £308 in court fees, £300 to the Registrar of Companies, and the fees of your personal legal counsel.
Speak to an Expert Today
If you’ve been affected by company dissolution, our team of specialist insolvency practitioners are at your disposal.
Whether you’re looking to resume trading or you’re looking to collect the money you’re rightfully owed, we’re here to guide you to right solution for you.
Get in touch today to arrange a free consultation.
