How to Restore a Dissolved Company: Costs & Process

What are the required steps to restore a company?

The restoration process involves:

1. Liaising with Companies House to confirm required fees and documents.
2. Drafting the company restoration application form and any additional required forms.
3. Preparing any outstanding accounts and, if expedited accounts are needed, arranging these for final review and signing.
4. Posting all documents to Companies House for processing.
5. Managing payment of Companies House fees and any late-filing penalties.

What are the anticipated costs?

The known costs are:

• Professional fee for the restoration service: £1,999 + VAT.
• Expedited accounts fee (if required): £249 + VAT.
• Additional third-party fees that may apply:
  • Companies House administrative restoration filing fees.
  • Companies House late filing penalties (if accounts are overdue).
  • HMRC late filing penalties (if tax returns are outstanding).
  • Government Legal Department fees.

What documents and information are required to begin?

The specific documents and information vary by company. The restoration provider will liaise with Companies House and confirm exactly which documents are required once the process starts. Outstanding accounts will be prepared and provided for final review and signing.

What is the estimated timescale for completion?

Timescales vary according to the company’s circumstances. The provider will confirm expected timings after reviewing the case and identifying required documents.

What additional financial obligations or penalties should I expect?

Expect any applicable late-filing penalties with Companies House or HMRC and any Government Legal Department fees. The exact penalties and obligations depend on overdue filings and outstanding returns and will be confirmed during the restoration process.