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All company restoration services are offered as usual, however Companies House, the Government Legal Department and the Courts have reduced staffing levels, which may result in some delays.
Whether it is to recover frozen company assets (money in a company bank account, property, land etc.) or to continue trading with the limited company, we can take you through the process step by step. Our team are experienced and deliver a highly professional and cost-effective service. We do not believe in charging excessive fees for company restorations.
There are two routes to reinstate a dissolved company; if the company was dissolved voluntarily and it contains frozen assets, the only possible solution is a restoration by Court Order. If the company was dissolved as a result of not filing accounts or confirmation statements, and the company is to be restored in order to carry on trading, a quicker, cheaper solution (known as Administrative Restoration) is possible. However, if restoring via Administrative Restoration, all company filings will need to be brought up to date and any late filing penalties and filing fees paid.
If the company was dissolved voluntarily (DS01) then it must be restored via the Courts. The company can either continue trading or recover assets from Bona Vacantia.
If the company was struck off due to failure to file the statutory documents, then you are eligible to use the administrative restoration method.
Only companies that have been dissolved for less than six years may apply for restoration to the Register. The only exception to this is where a company is being restored in order to pursue a personal injury claim.
If you are unsure about whether the company was dissolved or struck off, don't worry we can find that out out for you and much more. To find out more about company reinstatement and also the costs to restore a company for both methods, just pick up the phone, talk to an expert and let us do the hard work.