Court Order Restoration:
Companies or LLPs have to apply to apply for a court order restoration if they were dissolved voluntarily. That is to say; they used a DS01 or LL DS01. Court Order restorations are a more expensive and lengthy process. However, if you do not intend to trade after you have restored the company, the Court may waive outstanding penalties
- The Costs are:
- Court fees of £280
- Fees payable to the Registrar of Companies £300
- Our Fees - £200+vat
- A court attendance may be required. Where one is, you as the applicant can attend on your own behalf.
- If you want the Company or LLP to resume trading, you will need to file all the outstanding Annual Accounts and Annual Returns and pay any penalties for late filing.
- If you are simply restoring the Company to recover assets, it will not be necessary to file outstanding Accounts and Returns.
- The Court may waive any outstanding penalties if you are simply restoring the assets and not trading.
- Court Order Restorations are a long process and can take up to 15 weeks
- Any interested third party, such as a creditor or investor can apply to have a company restored.
- An application must be made within six years of the date the company or LLP was struck off.
- The original company name may not be available if another company or LLP has registered a similar name. A dissolved company does not have priority and will need to change its name.
Note: Court Order Restorations are processed by our legal associates. Accordingly, we will need photographic proof of your ID and proof of your address. Normally a copy of your driving license and a recent utility bill is sufficient.