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We
will deal with all formalities associated with the restoration
including liaising with the Companies Court and Companies
House. We will also draft and, where necessary, submit
all documentation for you. We will also keep you updated
on the progress of the company restoration from time
to time, as appropriate. No court attendance on your
part will be necessary.
If
the sole reason for restoring a company is to release
its assets, for example, money in the bank account,
property or any other claim then this is perhaps the
best option for you. It is the ONLY restoration option
if the company was struck off as a result of a voluntary
application.
Application
can be made by a former director, shareholder, liquidator
or creditor of the dissolved company and must be made
within 6 years of the date of dissolution.
NOTES:
(a)
If the sole asset is money held in a frozen bank account
and the amount is under £3,000 then you may want
to consider application for a Discretionary
Grant
(b)
We cannot unfortunately assist if the company was incorporated
in Scotland or Northern Ireland.
(c)
The company will be restricted to carrying out only
the activities mentioned in the Witness statement filed
with the Court at the time of application.
(d)
If the intention is to maintain the company on the register
for general trading, this must be mentioned in the Witness
statement.
How
long does the process take?
A
hearing date to restore a struck off or dissolved company
is normally advised shortly after the forms have been
lodged with the courts. This interim period is necessary
to make sure all the statutory forms for the company
have been brought up to date for Companies House (for
example Accounts and Annual Returns). The total length
of the company restoration process can be expected to
be between 8 and 12 weeks if all runs according to plan.
One
of the advantages of restoration by court process is
that, unless the company intends to stay on the Register,
no annual returns or accounts need to be filed and no
late filing penalties will be applicable.
COSTS
Our total fees are £1200 (inc) and this includes
all disbursements which include legal fees, Court fees
and Treasury Solicitors fees. Please note that the fees
are payable in advance to the following account:
Account Name: Domainscape
Bank Name / Address: Lloyds TSB, PO Box 1000 BX1 1LT
Account No: 1099483 02
Sort Code: 30-96-61
(Please
quote name as the reference)
Notes regarding fees
(1)
If the last registered office of the company was in
either Lancashire or Cornwall there will be an additional
fee of £125 + VAT to cover the relevant Duchy
charges.
(2)
In the unlikely event that a court appearance is necessary
additional legal fees are payable (approximately £250
+ VAT depending on the nature of the case).
(3)
The fees charged by Treasury Solicitors can increase
if the restoration is complex or there are delays and
adjournments such as the failure to lodge outstanding
documents before the Court hearing.
(4)
Our fees DO NOT include any Companies House late-filing
penalties the company may have incurred.
(5)
We do ask that the total fees (which include disbursements)
be paid before we are able to start the restoration
process.
CLICK
HERE FOR PDF APPLICATION
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