Xact+ Accountants

Xact+ Accountants Top Rated Chartered Accountancy Practice Based in Suffolk, United Kingdom. Providing Services for Bookkeeping, Taxation and Corporate Compliance.

When might a bona vacantia waiver be needed?A dissolved company can leave more than just an inactive Companies House rec...
03/09/2026

When might a bona vacantia waiver be needed?

A dissolved company can leave more than just an inactive Companies House record.

If company property, funds or other rights are involved, the position may require consideration of the relevant Crown representative and the correct process can depend on the company’s history and circumstances.

Before contacting anyone, ask:

• Who currently controls the account or asset?
• Does the legal entity match the account details?
• What ownership records, statements and correspondence are available?
• Is restoration, a waiver or another step potentially required?

**Start with the evidence.**

Check the company’s **live Companies House status and dissolution date**, then build one organized evidence pack covering ownership, financial records, correspondence and legal status.

📌Save this post and keep the waiver process map handy.

General guidance only. Check the current rules and your company’s circumstances before taking action.

Can Xact+ speak to the platform for you?Sometimes, yes. But it depends on the platform’s authority requirements and what...
02/09/2026

Can Xact+ speak to the platform for you?

Sometimes, yes. But it depends on the platform’s authority requirements and what actions they allow a third party to take.

Xact+ can support with:

✓ Organising restoration and accounting documents
✓ Preparing a clear evidence pack
✓ Matching the platform account to the legal entity
✓ Drafting or coordinating correspondence
✓ Tracking requested information and responses

Some platforms will still require the director or account holder to take direct action.

The important thing is to understand what can be handled for you, what cannot, and what the platform needs before you start.

Need help getting the documents and correspondence organised?
Ask about managed document support.

General guidance only. Platform requirements and individual circumstances vary.

Digital-platform balance stuck? Start with the evidence.If money is sitting in PayPal, Stripe, Amazon, eBay or another d...
29/08/2026

Digital-platform balance stuck? Start with the evidence.

If money is sitting in PayPal, Stripe, Amazon, eBay or another digital platform account, the first step should be to establish exactly what happened and what records you have.

Build your evidence pack

☐ Merchant ID
☐ Account email
☐ Statements
☐ Reserve notices
☐ Invoices
☐ Bank details
☐ Director ID

Then mark each item as:

Confirmed ✓ | Missing ☐ | Requested ☐

This simple process can make the next action much clearer and help identify which information still needs to be obtained.

Before you contact the platform

Put the available evidence into one organised file and identify who holds each missing document or record.

Practical next step: Define the problem using your current financial records.

Download the Digital-Platform Evidence Pack.

General guidance only. Check the current rules and your company’s circumstances before taking action.

New company. Old balance. Same money? Not necessarily.If a company has been dissolved while money is still sitting in a ...
28/08/2026

New company. Old balance. Same money? Not necessarily.

If a company has been dissolved while money is still sitting in a digital platform account, creating a second company does **not** mean you should assume the old balance transfers.

Before contacting PayPal, Stripe, Amazon, eBay or another platform, check the facts first.

3 things to check!!

1. Who controls the account or asset?
Identify who currently controls the funds and what the platform records show.

2. Do the details match?
Check whether the legal entity, company details and account information relate to the same company.

3. What evidence do you have?
Gather statements, correspondence, ownership records and other relevant company information.

Why this matters?

A new company is a separate legal entity. Making assumptions about an old account or balance can lead to inconsistent information and make the situation more difficult to explain.

If the position is unclear, **review it before contacting platform support.**

Practical first step: Check the company’s live Companies House status and dissolution date.

DM “PLATFORM” before contacting support.

*General guidance only. Check the current rules and your company’s circumstances before taking action.*

The reserve wasn't always the real problem. The company details can be.A marketplace can restrict funds when the account...
28/08/2026

The reserve wasn't always the real problem. The company details can be.

A marketplace can restrict funds when the account details and the company’s legal position no longer line up.

And when that happens, repeatedly contacting support may not be enough.

Start with the basics:

✓ Check the company’s legal status
✓ Confirm the account and entity details
✓ Gather statements and supporting evidence
✓ Keep a clear record of platform communications
✓ Review whether the information meets the platform’s requirements

The more complete the evidence, the clearer the position becomes.

If you have funds stuck on a marketplace after dissolution, request a Platform Funds Assessment to understand what needs to be reviewed.

General guidance only. Check the current rules and your company’s circumstances before taking action.

The company is gone. So what happens to the money still sitting in your PayPal or Stripe account?This is something many ...
27/08/2026

The company is gone. So what happens to the money still sitting in your PayPal or Stripe account?

This is something many directors only think about after the company has already been dissolved.

Maybe there’s an Amazon balance waiting to be paid out.
Maybe funds are still sitting in PayPal, Stripe or eBay.
Maybe you’re not even sure what evidence you need to prove the money belongs to the company.

Don’t start by chasing the platform.

Start by checking the company’s status, account details and the records you already have.

Statements, emails, ownership records and the company’s legal details can all help piece together what happened.

Save this post. It could save you a lot of time later.

*General guidance only. Check the current rules and your company’s circumstances before taking action.*

If your company has been restored, does that mean the bank will release the money immediately?Not necessarily.Restoratio...
26/08/2026

If your company has been restored, does that mean the bank will release the money immediately?

Not necessarily.

Restoration may re-establish the company’s legal existence, but the bank may still need to complete its own checks before funds can be accessed.

That could include:
✓ Confirming the restored company status
✓ Verifying director identity and authority
✓ Completing KYC checks
✓ Checking whether the old account still exists
✓ Reviewing statements, closure records and release requirements

The key point: restoration and bank release are connected stages, but they are not always the same event.

Before taking action, check the company’s **live Companies House status and dissolution date**.

📌 Save this post if you’re dealing with frozen or restricted company funds.

Next step: Book a post-restoration funds review.

*General guidance only. Check the current rules and your company’s circumstances before taking action.*

Where Did the Company’s Money Go?Start tracing it before you start chasing it.A proper funds-tracing worksheet helps you...
21/08/2026

Where Did the Company’s Money Go?

Start tracing it before you start chasing it.

A proper funds-tracing worksheet helps you record:

01: The Account
Platform, account ID & estimated balance

02: The Evidence
Statements, correspondence & available records

03: The Next Step
Legal owner, contact status & action required

One missing detail can change what you need to do next.

📩 DM TRACE for the Funds Tracing Worksheet.

*General guidance only. Check the current rules and your company's circumstances before taking action.*

[Account access, Business funds, Legal entity, Company status, Bank account, Marketplace funds, Restoration process, Funds Tracking]

Frozen Funds Don't Always Mean the End!!!A frozen account can involve several stages before access may be restored.01: E...
20/08/2026

Frozen Funds Don't Always Mean the End!!!

A frozen account can involve several stages before access may be restored.

01: Establish the position
Check the company's legal status, ownership and account details.

02: Identify the route
Review the evidence, filings and restoration requirements.

03: Work towards release
Complete the relevant restoration and provider compliance steps.

Start with the evidence.

Check the company's live Companies House status and dissolution date.

Request a case assessment.

*General guidance only. Outcomes depend on the company's circumstances and current requirements.*
[Frozen bank account, Frozen funds, Company restoration, Dissolved company]
House

What evidence helps prove a balance belongs to a dissolved company?When funds are frozen after dissolution, the strength...
19/08/2026

What evidence helps prove a balance belongs to a dissolved company?

When funds are frozen after dissolution, the strength of your evidence matters. 📄

Start with the basics:

✓ Company name and number
✓ Account statements
✓ Merchant ID
✓ Correspondence

Then check the company’s **live Companies House status and dissolution date**.

The practical step? Build one evidence pack that brings the ownership records, statements, correspondence and legal status together.

Use our evidence checklist to get started.

General guidance only. Check the current rules and your company’s circumstances before taking action.

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