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Home Corporate Services Guidance to Company Dissolution and Restoration The Myths and Reality About the Restoration vs New Company Registration

The Myths and Reality About the Restoration vs New Company Registration

The myths and reality about the restoration vs new company registration

Contrary to popular myth the formation of a new UK limited company with the same name as the struck off or dissolved private company is not an alternative to restoration of a company to the Register. It will be a different company, a new company formation is exactly that a new company registration; and the assets of the previously dissolved company will remain beyond your reach unless the proper procedures are followed for restoration to the Register at Companies House.

If you trade prior to being restored to the Register there can be serious legal repercussions, including personal liability for "company" debts and a host of contractual and other legal issues.