When a company has been struck off the register or formally wound up, it ceases to exist as a legal entity and looses assets within its name. For example, funds held in bank accounts and land. Any assets owned by the company are automatically vest in the the Crown, or the Duchy of Cornwall or Lancaster. In order to recover such assets, the company must be restored to the register, or for small amounts, the shareholders may request a discretionary grant.
Restoration is the process of bringing new life into a company which has been struck off the register or has formally ceased to exist. In accordance with the Companies Act 2006, there are two options available to restore the company. These are governed by the reasons for the original strike-off and why it is to be restored.
Murphy Thompson Moore LLP specialise in all aspects of company restoration and will be able to guide you through this complex procedure. We will prepare and file all necessary documentation and liaise with Companies House, the Courts and Government Legal Department (formally known as Treasury Solicitor's Department), on your behalf.
additonal fees may apply in both instances