Dissolution is usually the point in time at which the company ceases to exist. It occurs 3 months after Companies House has received the relevant application from the directors (or from the administrator or liquidator of the company), and once Companies House publishes its “final notice” in the London Gazette. After the company has been dissolved any remaining assets of the company that have not been distributed to creditors or shareholders will automatically belong to the Treasury.
In exceptional circumstances, a dissolved company may be restored to the register in order for third parties to bring claims against it or against the directors on the company's behalf.
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