Administrative Restoration of a Company
A company can be restored by administrative restoration if it was struck off by the Registrar of Companies whilst it was carrying on business. Typically, it would have been struck off for not filing its statutory documents on time.
To be eligible for administrative restoration you must have been a director or shareholder at the time the company was dissolved and the application must be made within six years of the date the company was dissolved. The administrative restoration method usually takes 2-4 weeks to complete once all paperwork is correctly completed and filed. Compared to company restoration by court order, administrative restoration is a quicker and cheaper method if eligible.
Further information on the administrative restoration process and costs can be found below or you can contact our team now.
Are You Eligible to Apply for Administrative Restoration?
To be eligible for administrative restoration, the company must satisfy certain criteria which we will check during your application. These criteria are as follows:
- The company was struck off by the Registrar of Companies under sections 1000 or 1001 of the Companies Act 2006 (or, before that, section 652 of the Companies Act 1985).
- The application is made by a former director or member (shareholder) of a dissolved company.
- The application is being made within 6 years of the date of company dissolution.
- The company was in business, operating or trading at the time it was dissolved.
However, if you don't meet the above criteria you can apply for a Court Order Restoration.
Contact us today and one of our experienced staff members who will be happy to advise you on the restoration process.
Applying for Administrative Restoration
The application for administrative restoration is a straight forward process and with our expertise we will help you complete and bring up to date all the statutory documents and items needed. We will also provide you with the necessary information if you need to pay any filing or penalty fees associated with the statutory documents.
The statutory documents and items involved in an administrative restoration application are as follows:
- A completed application for administrative restoration (Form RT01).
- A cheque for £100, payable to the Registrar of Companies.
- Any outstanding documents, such as accounts or confirmation statements
(previously annual returns).
- Any filing fees or penalty payments.
- A Bona Vacantia waiver letter.
After your administrative restoration application has been filed and the appropriate fees have been paid the decision from the Registrar will be made within a few weeks of receiving the completed application.
What Costs Are Involved in an Administrative Restoration?
The general fees are as follows:
- £64 Treasury Solicitors fee.
- £100 Registrar of Companies fee.
- £210 + VAT Our fee.
- Confirmation Statement (previously annual return) filing fees and late filing penalties, if applicable see Additional Fees.
Please note all outstanding accounts and confirmation statements (previously annual returns) must be brought up to date and filed. Any late filing penalties will still apply and will need to be paid in order for the company to be restored.
For more details about administrative restoration of a company please contact us and our experienced staff will provide you with guidance.