Company Restoration

Once a company is dissolved, or struck off, it no longer legally exists and the assets are passed to The Crown. The company bank account is frozen and agreements such as leases, loans and insurance policies may become invalid.

A company that has been removed from the Register of Companies at Companies House can be restored either by a Company Restoration by Court Order or by Administrative Company Restorations.

If you want to restore a company to release its assets, such as money in a bank account or property, a court order is usually the best option. It is the only option when a company was struck off as a result of a voluntary application. Application must be made within six years of the date of dissolution and this can be made by a former director, shareholder, liquidator or creditor of the dissolved company.

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. A Crown Representation Waiver has to be applied for, and all outstanding Companies House filings must be made and any late filing penalties paid in full. An assurance is also needed that the company was trading when it was struck off and will continue to trade after restoration.

How We Can Help

Else Solicitors has an experienced company restoration team which can handle all the formalities and documentation for you, including liaising with the Companies Court and Companies House. We are proud of our track record in making successful applications to restore a company. Attention to detail, skills in compiling evidence and a thorough understanding of company restoration legislation is important for any application to stand the best chance of success.

To speak to a member of the insolvency and business recovery team team for more legal advice on company restoration, please call 01283 526200, alternatively you can send us a message and we will get in touch at a time that suits you.

Winding Up Petition

A winding up petition is a formal document issued by the Court against a Limited company or a Limited Liability Partnership.

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Director Disqualification

A company director can be disqualified, or banned, for up to 15 years if they do not meet their legal obligations.

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Administration & Liquidation

When a company is struggling financially and unable to pay its debts, expert legal advice is vital.

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Wrongful Trading & Directors Liabilities

If a company becomes insolvent and goes into liquidation, a director may be deemed personally liable for ‘wrongful trading’.

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Company Restoration

Once a company is dissolved, or struck off, it no longer legally exists and the assets are passed to The Crown.

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Retention Of Title Claims

If you have supplied goods and not been paid in full, you can apply to take those goods back if you have a properly drafted Retention Of Title (ROT) clause in your trading terms.

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Insolvency & Personal Bankruptcy

Difficulties in paying the money you owe can arise because of redundancy, bereavement or a career change or because you have over-stretched your finances by taking out too many loans and other forms of credit.

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Chris is the founding Partner of Else Solicitors and has over 25 years’ experience as a commercial solicitor dealing mainly with commercial disputes. He is also an accredited Mediator.

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Chris Else

Managing Partner

Andy has considerable experience in all areas of commercial and property litigation, including commercial contract disputes.

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Andy Rudkin

Partner - Head of Dispute Resolution

Amiee joined Else Solicitors in 2014 in the Dispute Resolution department, and was promoted to Associate in July 2018.

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Amiee O’Toole

Associate - Dispute Resolution

How can we help?

Get in touch.

At Else, we are specialists when it comes to business debt restructuring practices and insolvency legislation.

If you would like to speak to one of our business recovery solicitors contact 01283 526200. Alternatively, you can send us a message and we will get in touch at a time that suits you.

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