Steps For Reinstating A Company

By Richard Thompson


Several reasons can make an establishment to be struck off from the register of Companies House. For example, if you no longer need a firm that you own, you can request the Companies House to strike it off from the register. Your firm can also be dissolved involuntarily if you fail to submit annual accounts in time. Also, if you are not compliant, your firm can be struck off. Either way, you may want to restore the firm after it has been dissolved. Follow the following steps closely as they are a guide to reinstating a company after it has been dissolved.

Depending on how your establishment was dissolved, and the reason for reinstating it, you can restore it to the Companies House register either by a court order or administrative restoration. The two processes differ in terms of cost, complexity, time and other factors. For instance, your firm can be restored by court order if it was dissolved voluntarily.

Before you even start the process of restoring the firm especially by administrative restoration, ensure that you are eligible. If you do not qualify for the restoration, your application will not go through. Thus, it is wise to check whether you are eligible for the reinstatement. To be eligible, you must meet all the necessary conditions. Failure to comply with any of these conditions may make your application to fail as well.

If you are eligible for the reinstatement process, make sure that you have gathered all the required documents and apply to the Companies House. Fill all the necessary documents before you submit your application. Double check everything to be sure that you have everything that is required. If you are confident that you have left nothing out, you can now submit the application.

Make sure you have included the name as well as the registration number of the firm. Also, ensure that you have a compliance statement that shows you have legal standing to apply for the restoration. Additionally, make sure you have paid the restoration fee to the Companies House and clear any outstanding charges and penalties. Make sure you follow the right process so that your firm can be restored.

After you have submitted all the documents that are needed, you should wait for the Companies House to make their decision. The process will be handled, and your eligibility will be checked before you are given feedback. After approximately two weeks, you will get either a positive or negative response from the Companies House.

After your application has been reviewed, you will receive a notice from the Companies House. The notice will inform you whether or not your firm has been reinstated to the online register. If the response is positive, the name of the company will be restored in the online registry, and a publication will be made on the Gazette.

In case your application was not successful, you may have either missed to submit all the required documents or failed to pay outstanding fees and penalties. This can be sorted out by meeting the requirements that you did not during the first application, and the rest will go on smoothly.




About the Author:



Keine Kommentare:

Kommentar veröffentlichen