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RR08 Application by a Public Company for Re-registration as a Private Limited Company Following a Court Order Reducing Capital

A public limited company is required to have a minimum of £50,000 share capital, of which At least 25% must have been paid up in full.

A company can pass a special resolution reducing its issued share capital, although this then needs to be confirmed by a Court order. A reduction in share capital which is achieved in this way may bring the company’s issued share capital below the minimum requirement and the company will then need to be re-registered as a private limited company.

Re-registration can be applied for by completing this form and returning it to Companies House.

This form can be downloaded directly from the government website here.