Initial Requirements for Administrative Restoration
It is important to note that before an administrative restoration application can be contemplated the company in question must satisfy the following requirements:
The application will need to be made by a former director or shareholder within 6 years of the date the company was dissolved.
The company must have been struck off involuntarily by the Registrar of companies (e.g. for failure to comply with certain filing requirements such as submission of the annual accounts or confirmation statements on time) and NOT by the directors voluntarily making such a request.
The company was trading at the time of the dissolution.
Should all the initial requirements above be met then the application process may commence.
Application Requirements and Fees
The application to the Registrar of Companies needs to be accompanied by all the documentation that would bring the company up to date in terms of legal filing requirements, as well as a suitable ‘bona vacantia’ waiver letter is obtained from the relevant representative for the Crown providing their consent to the restoration application being made.
In addition to an application fee of £100 being made to the Registrar, the following fees will also be applicable to this process:
Waiver Letter Fee: This fee will vary dependent on the location of your company’s registered office.
Filing Fees: Applicable to each document being submitted as part of your application.
Late Filing Penalties Fee: This will vary depending on how overdue each outstanding document was at the time of dissolution.
Once the application has been made the Registrar shall decide whether to restore the company or not. If the application is successful then a letter shall be provided from the Registrar confirming that the company restoration has now taken place.