Perhaps more of a legal than accounting matter but I am intrigued by the scenario. A client is owed money by a company that has been dissolved by Companies House for non filing, so he won't get paid. But it appears the business premises on which there was a mortgage charge were in the name of the company. Now we all know that when a company is struck off its assets become property of the crown, but where does the mortgagor stand (lets keep it simple and assume there are no personal guarantees)? Does the charge die with the company? If it does, can he apply to the Crown and they will either restore the company to allow the charge to be exercised, or sell the property and pay off the mortgage? Or is it tough you know what for the mortgagor who should have spotted the Gazette notice of the strike off and objected at the time?