Company Restoration

People apply to restore companies to the register for many reasons. In most cases the company will have been struck off simply because they did not file annual returns or accounts and ignored the reminders from Companies House.  Alternatively it may be because a director or shareholder wishes to realize some actual or potential asset remaining in the company or about to become due to the company, or for pursuing legal claims against a third party.

Once a limited company is dissolved, it no longer legally exists. As a result, the bank account becomes frozen: the assets become Bona Vacantia, (i.e. they pass to The Crown); leases, insurance policies, loan and finance agreements etc. may become invalid.If you then need to recover assets from the company – or wish to continue trading – you need to have the company restored.

The Company Shop can help with your company restoration in Northern Ireland and the rest of the UK, with local contacts we are one of the few experienced companies who can provide this company restoration service in Northern Ireland.

This is where we can help restore the company.

We will take care of all the formalities associated with the restoration of your company:

1.    Liaising with The Courts and Companies House
2.    Drafting, submitting and filing all forms and dealing with correspondence
3.    Ensuring that the restoration process proceeds as quickly as possible
4.    Keeping you informed of the progress of your case

Depending on why or how your company was struck there are two paths to restoration

ADMINISTRATIVE COMPANY RESTORATION

Administrative Restoration for a struck off or dissolved company can only be used under certain circumstances for example it would be appropriate. where the company has been struck off by Companies House for failing to file accounts or an annual return and was in operation at the time of strike off. There is a six year time limit on this type of restoration.

Prices from £450 including statutory fees.

COMPANY RESTORATION BY COURT ORDER

If you do not qualify to make an administrative restoration because for example, you applied voluntarily to strike off the company, then application must be made to the High Court. .As with the Administrative Restoration there is a 6 year time limit on restorations. However, where the company is being restored in the case of a personal injury claim the time limit is 20 years.

Prices from £1500 including statutory fees.

Contact us on 028 9055 9955 to discuss your options or contact us online and we will call you back.