Restoration process of
a Limited company
in UK
Restoration process of a Limited company in UK
> Resources > Newsletter
Published On November 3, 2023
Restoration process of
a Limited company
in UK
> Resources > Newsletter
Published On November 3, 2023
The process of restoring a dissolved company in the UK can vary depending on the specific circumstances and the duration since the company’s dissolution. Below are the general steps for restoring a dissolved company:
- Determine Eligibility: Before commencing the restoration process, it is essential to ascertain whether the company qualifies for restoration. Typically, a company can be restored if it was dissolved within the last six years, though this timeframe may differ in specific situations.
- Apply for Administrative Restoration: If the company was dissolved less than six years ago, you can initiate the administrative restoration by directly applying to Companies House. To do this, you will need to complete form RT01, which is the “Application to restore a company to the register.” You can download this form from the Companies House website.
- Settle Outstanding Fees: In addition to the application form, you must settle any outstanding fees, penalties, or fines associated with the dissolved company. This may encompass late filing penalties, annual filing fees, and other outstanding debts.
- Provide Supporting Documentation: It may be necessary to furnish supporting documents that demonstrate that the company was either actively conducting business or had a valid reason for restoration. This evidence could include ongoing contracts, assets, or liabilities.
- Obtain Consent from Former Directors and Shareholders: Written consent from former directors and shareholders of the company is typically required for its restoration. This consent is usually provided within the RT01 form.
- Publish the Restoration Notice: Companies House may mandate the publication of a notice regarding your intention to restore the company in a newspaper or other publication if there are objections from creditors or other concerned parties.
- Await Confirmation: After submitting all the requisite paperwork and resolving any objections, Companies House will process your application. Upon approval, they will issue a Certificate of Incorporation on Restoration, officially restoring the company to the register.
- Update Company Records: Following the restoration, it is essential to update all pertinent records, including the company’s registered office address, directors, and shareholders. Ensure that any pending accounts and annual returns are filed as well.
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