Company dissolved: what happens to the shares?

    When a company is dissolved, its assets pass to the Crown as bona vacantia. If you were a shareholder, you may be able to apply for a discretionary grant. A dissolved company can also be restored. The official GOV.UK pages below explain each route.

    Do this first: official routes

    1. Read the GOV.UK page on money or property from a dissolved company. GOV.UK: money or property from a dissolved company Companies Act 2006, Part 31, Chapter 2 (legislation.gov.uk)
    2. If you were a shareholder, you may be able to apply for a discretionary grant. GOV.UK: apply for a discretionary grant
    3. A company can be restored. Administrative restoration is open to a former director or shareholder within the time limits on GOV.UK. Otherwise restoration needs a court order. GOV.UK: restore a dissolved company GOV.UK: company restoration guide
    4. The Bona Vacantia Division is part of the Government Legal Department. Its guidance is BVC1. GOV.UK: bona vacantia, dissolved companies (BVC1) GOV.UK: Bona Vacantia Division GOV.UK: Government Legal Department

    Then use the free finder

    Type the old company name into the Old Shares Finder. It is free and stores nothing.

    Watch out for scams

    Be wary of anyone who contacts you out of the blue about your shares. Never pay upfront to release money. Check any firm on the FCA register. FCA: ScamSmart FCA Financial Services Register

    Questions

    What happens to shares when a company is dissolved?

    The company's assets pass to the Crown as bona vacantia. If you were a shareholder you may be able to apply for a discretionary grant.

    Can a dissolved company be brought back?

    Yes. A company can be restored. Administrative restoration is open to a former director or shareholder within the time limits on GOV.UK. Otherwise restoration needs a court order.

    What is bona vacantia?

    It is the rule that a dissolved company's assets pass to the Crown. The Bona Vacantia Division, part of the Government Legal Department, deals with them.

    What is a discretionary grant?

    It is something a shareholder of a dissolved company may be able to apply for. GOV.UK has the official page and how to apply.

    Sources

    We don't give advice and we never hold or move money.