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Our Reduction of Share Capital Service is suitable for public and private companies incorporated in the United Kingdom.

What does our package include?


A review of the company's Articles of Association and any Shareholders Agreement in relation to the planned reduction.


Advice on your proposed course of action.


A Solvency Statement or court application (as applicable).


A Directors' statement of compliance (if required).


Directors and shareholders' resolutions as required.


Filings at Companies House.


Update company registers, new share certificates as required.

Reduction of Share Capital Service
From £895    ( £1,074.00 including VAT)
Please contact us for a fixed quotation.

NOTE: Private companies can now reduce their share capital without court approval. This greatly simplifies the procedure and reduces the cost of implementation.
The court will not register a reduction by a public company where the reduction brings the nominal value of the share capital below the authorised minimum for public companies (£50,000), unless the public company first re-registers as a private company

Private companies limited by shares can reduce their share capital by special resolution:

  • supported by a directors' Solvency Statement; or
  • confirmed by the court.

Public companies can only reduce their share capital by special resolution confirmed by the court.

The reduction itself can be effected in any way. For example, a company may:

  • cancel paid-up share capital that is lost or unrepresented by available assets;
  • release the shareholders' liability to pay-up share capital; or
  • repay paid-up share capital in excess of the company's needs.

Read our Reduction of Share Capital Guide

Click here

What is a reduction of share capital?

Find out here


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© 2019 Legal Clarity Limited: Corporate & Commercial Legal Services - Company Formation - Company Secretarial Registered in England and Wales (number 6452925) and authorised and regulated by the Solicitors Regulation Authority (SRA number 573589). 1st Floor, Charles House, 148-149 Gt Charles Street, Birmingham, B3 3HT. Tel: 08456 800 727. VAT registration number 925709016.