Administrative Restoration also Known as a Fast Track Restoration
A company can only be restored by an administrative restoration or fast track if the company was struck off and dissolved by the Registrar of Companies where he had reasonable cause to believe that the company was not carrying on business. It cannot be used where the company was struck off because form 652a or DS01 was filed.
In practice this will mean that accounts, annual return or some other form was not delivered to Companies House.
Only a former director or former member, who was a director or member at the time the company was dissolved, can make the application, and the following conditions must be met:
- The company was carrying on business when it was struck off.
- Any outstanding information such as accounts and annual return(s) must be submitted together with any late filing penalties and Companies House fees.
- Obtain the Crowns consent from the relevant Crown Representative, depending on where the registered office of the company was when it was dissolved. This may be the Treasury Solicitor but if the registered office of the dissolved company was situated in Cornwall, Lancashire, Greater Manchester, Merseyside, Stockport, Cheshire or Cumbria at the date of strike off then it will be the Solicitor to the Duke of Cornwall or the Solicitor to the Duchy of Lancaster.
The outstanding information such as accounts and annual return(s) must be submitted together with any late filing penalties and Companies House fees.
Further the company may be restored to the Register with a different company name.
Our fees are £350+VAT. There will also be legal costs payable to The Companies Court and The Registrar of Companies as follows:
- Registrar of Companies costs are £100 (no VAT is payable).
- The Treasury Solicitor costs are normally £79 including VAT. Where the Treasury Solicitor has not dealt with any assets of the company no further costs will ordinarily be payable, but where he has dealt with the company’s property further costs may become payable, before the consent is granted. If the application is to the Solicitor to the Duke of Cornwall or the Solicitor to the Duke of Cornwall the costs are normally £146.88 including VAT.
- The Registrar will require the payment of the late filing penalties relating to accounts that were overdue for filing at the date the company was struck off, and will require any outstanding annual accounts together with the appropriate filing fee and any other relevant forms.
The way the fees and costs are paid is as follows:
- We ask for a cheque payable to Companies House for the late filing penalties and annual returns, as appropriate, together with a further cheque for £100 payable to Registrar of Companies.
- Payment of our fees together with the Treasury Solicitors or Solicitor to the Duke of Cornwall or the Solicitor to the Duchy of Lancaster.