Claiming money or property from a dissolved company
05/02/2019

Any property, cash and other asset owned by a company when it is dissolved automatically passes to the Crown as ownerless property. This process is known as 'bona vacantia' which literally means vacant goods. The bodies that deal with bona vacantia claims vary across the United Kingdom, but they all ultimately represent the Crown.

There are a number of scenarios where you may be able to claim or buy an asset belonging to a dissolved company by asking the relevant body representing the Crown. This is known as ‘referring’ an asset.

Anybody can refer an asset, for example if:

  • you're the leaseholder of a property where the company owned the freehold
  • you want to buy or are affected by land owned by the company
  • you want to buy other assets of the company like shares, trade marks or copyrights
  • you're a shareholder trying to get cash held by the company

Legals

Registered in Cardiff. Company Registration Number: 4708031 VAT No. GB 685 5090 08 Copyright © 2019 Ace Accountants Ltd
Cookies Policy
Privacy Policy

Follow Us

|   |  

Membership

   
 

Find us!

Ace Accounting main office
The White House, Denchworth Road, Grove, Oxon, OX12 0AR

Call Us: 01235 773300
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Follow Us