Your banks usually send your cash balance to the Treasury Solicitor when your company is dissolved. Take note that The Treasury Solicitor is now called the Government Legal Department and Bona Vacantia Division with the Government Legal Department deals with your bank and other cash balances.
Once your company is dissolved you do not need to deliver your confirmation statement and company accounts anymore. However, if you want to get your cash balance back you must restore your company.
Type of cash balances of a dissolved company:
- bank accounts
- other financial institutions holding credit balances
- tax and other refunds due from HMRC and other public and private organizations
- credit balances held by solicitors or others belonging to a dissolved company
This list is not exhaustive. Basically, any cash balance of your dissolved company belongs to the Crown and these monies will be sent to the Treasury Solicitor.
Treasury Solicitor only deals with the cash balance of dissolved companies with registered offices in England and Wales.
|Bona Vacantia – Cash Balance|
|Government Legal Department (BVD)|
PO Box 2119
|Switchboard 020 7210 4700|
Please use this email address for all enquiries relating to the cash assets of dissolved companies.
Please include the following details in your correspondence:
- Your company name and number and your last registered office address.
- The amount of the cash balance.
- Your contact details should the Treasury Solicitor would like to contact you
Ways to send cash balance to Treasury Solicitor
Usually, your cash balance is sent to the Treasury Solicitor in one or more of the following methods:
By Cheque, made payable to ‘The Treasury Solicitor’.
BACS (including internet banking) or CHAPS to the Bona Vacantia division’s NatWest account
|Transaction reference||Please use the dissolved company’s name (or as much of the name that you can fit in)|
|Account name||CROWNS NOMINEE ACCOUNT|
|Bank address||NatWest, Government Banking Service, CPB Services, London Corporate Services Centre, 2nd Floor, 280 Bishopsgate, London EC2M 4RB|