Company Restoration - Court or Administrative?

Is there an option or can this only be done via a court restoration

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A Company was struck off by Companies House (failure to do confirmation statement).  They had a bank balance of £5k approx, but the company had not continued to trade after its first year (paid its corp tax etc so nothing was outstanding).  They would not plan to use the company again, but would like to obtain the funds that were frozen.  Because they dont plan to use the company is the only way to go a Court Restoration? Has anyone had any experience of this - is it just a case of form filing or is there anything more complex to consider?  I saw something on here about some sort of waiver to the treasury to obtain held/frozen funds - is that a different process?

Any help or advice is very much appreciated.

 

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By sarahg
08th Feb 2021 14:00

If Companies House struck it off you can do an administrative restore, rather than a court restore, which is much simpler

https://www.businessrescueexpert.co.uk/what-is-involved-in-restoring-a-d....

All missing accounts and confirmation statements need to be completed though and there may be penalties for late submission

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By KAT49
08th Feb 2021 14:27

That would be a much simpler option. I didn't think they could do that though if the sole objective was to try to release the frozen funds and they did not intend to continue on with the company? Is that different if it was Companies House that struck the company off?

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