Company Restoration and Repair

At AIL we have gained much practical experience in restoring and repairing damaged offshore and UK companies. In extreme cases, we have assisted companies that have been struck off for statutory default, and whose assets are in jeopardy of being declared "bona vacantia". We have been approached to restructure companies that have been abandoned without officers or basic services due to a corporate services provider going out of business or withdrawing services. In more simple situations a company may have fallen out of good standing, due to a failure to maintain proper statutory records, accounting records or to complete tax returns. On the other hand you may simply desire to change your existing corporate service provider.

Our team of experienced professionals can restore a company to good standing and rebuild missing records. We offer the following services in this field:

  • Company searches
  • Providing an opinion as to a company's current standing
  • A brief as to remedial work and costs
  • Restructuring a company and processing statutory forms
  • Working with banks and other third parties to satisfy their enquiries as to a company's good standing
  • Reconstructive accounting, preparing statutory accounts and tax computations
  • Discussion and negotiation with tax authorities
  • Continuing company management and administration services
  • Administering a voluntary dissolution at the end of a company's useful life

If you find yourself in the unfortunate position of requiring assistance, you are welcome to contact us to discuss your situation and to find a solution. Do not worry if you only have the customary plastic carrier bag full of paperwork - we have seen it many times before.