For closed and closing companies · UK, US, Canada and Australia first
A closed company's records can be an extra asset for creditors.
AI developers license real business records: support tickets, project histories, internal documents, team chat. If you control the assets of a company in administration, liquidation or bankruptcy, this site explains how licensing works, what to check first and where to apply.
micro1's published criteria for its defunct-company track company.micro1.ai/get-started · 15 Nov 2026. Written for the administrators, liquidators, trustees and receivers who now control closed companies. General information, not legal advice.
Step 1 · Who this is for
Whoever now controls the assets
A closed company cannot sign anything itself. The person now legally in charge of its assets has to. In insolvency that person is called the officeholder. Guide for officeholders →
Administrators and liquidatorsUK licensed insolvency practitioners selling a company's assets to pay its creditors.
Licensed insolvency trustees and receiversCanadian professionals who sell a company's property for its creditors.
Liquidators and voluntary administratorsAustralian registered liquidators and administrators in control of company property.
Buyers of the business assetsIf you bought the business or its assets, for example in a pre-pack, check whether the sale covered the records.
Former directorsOnce a company is in insolvency, directors usually lose control of its assets. Pass this page to the officeholder.
Step 2 · What is licensed
How the work was done, with the people taken out
AI developers want to learn how real businesses solved problems: how a ticket got fixed, how a project ran. They do not want to know who anyone was. A licence gives permission to use the records on agreed terms; nothing is sold outright.
1What the company left behind
Support tickets and how they were solved
Project and task histories
Internal guides and wikis
Sales pipeline activity
Team chat and email about the work
2Taken out first
Names and contact details
HR and payroll files
Card and bank details
Health, children's or biometric data
Privileged or client-confidential material
3What an AI developer licenses
Patterns, not people.
How problems were solved, how projects ran and how teams worked, used on the terms of a signed licence.
Illustration of the usual approach. What is removed and how is set with your advisers and micro1's contract.
Step 3 · How it works
Four steps, and you can stop at any of them
Nothing is sold in bulk and nothing leaves your hands until the buyer has reviewed a sample and you have signed. Full walkthrough →
CHECK WHAT YOU HAVEYou confirm what exists and that you can license it.
TAKE PEOPLE OUTNames and personal details are removed before anything moves.
MICRO1 REVIEWSmicro1 reviews a sample for fit and quality.
SIGN OR WALK AWAYA contract sets the terms. You decide.
Step 1 of 4. Confirm what records exist, in which systems and for which years, and get your authority to license them in writing.
Timing as micro1 publishes it: review and approval within 30 days, then payment within 30 days of invoice micro1.ai/data · 10 Nov 2026
Step 4 · Fit check
Five questions, one straight answer
Now you know what is involved, check the basics against micro1's published criteria. Your answers stay in your browser. Nothing is sent anywhere.
Worth a conversation
On micro1's published criteria, this looks worth an application.
Turn on JavaScript to see a tailored answer. micro1 decides what qualifies.
Step 5 · Before you talk to a buyer
Four checks before you talk to any buyer
Most records from closed companies are never licensed because nobody can show they are allowed to license them. Settle these first, or work through the readiness checklist.
Authority
Who controls the company's assets today, and can they sign a licence? Get this in writing.
Records quality
Are the records complete, readable and still accessible? Lapsed software subscriptions often mean lost exports.
Coverage
Which years, systems and data types exist, and are they in English?
Permissions
Customer contracts, confidentiality clauses, software terms and employee data can each limit what may be shared.
United Kingdom
In administration or liquidation, the officeholder controls the company's assets and decides whether to license its records.
Once a company is dissolved, its remaining property generally passes to the Crown as bona vacantia (Companies Act 2006, s.1012).
In bankruptcy, the trustee (or the debtor in possession) sells estate assets, and sales outside the ordinary course need court approval (11 U.S.C. §363).
Outside bankruptcy, state law on dissolved corporations decides who can still act for the company and for how long.
In bankruptcy, the licensed insolvency trustee holds and realises the company's property (Bankruptcy and Insolvency Act).
When a federal corporation is dissolved, property it had not disposed of generally vests in the Crown (Canada Business Corporations Act, s.228). Provincial laws are similar.
The other six countries micro1 lists have their own insolvency and data protection rules. Take local advice. General information only, not legal advice.
Where it applies
Ten countries. The big four first.
micro1's defunct-company track lists companies based in these ten countries company.micro1.ai/get-started · 15 Nov 2026. The UK, US, Canada and Australia each have SME and enterprise guides plus a full rights guide.
For administrators, liquidators, trustees and receivers. Before you share anything: confirm who controls the records, take advice on employees' personal data, and leave out privileged or client-confidential material.
A win for creditors, officeholders and responsible AI
CreditorsA possible extra asset from records that would otherwise be lost when software subscriptions lapse.
OfficeholdersA clear process, no cost from us, and a straight answer when it does not fit.
AI developersBusiness records used under a licence, with people taken out, instead of scraped data.
Company and creditorsControl the records through the officeholder.
Records, with people taken outA possible extra asset, on micro1's terms
micro1Reviews a sample, decides, and pays under its own contract.
A referral fee, only if a qualifying deal completes
Dormant YieldPoints you to micro1 and explains the steps. Charges you nothing.
And us: if a company applies through our link and a qualifying deal completes, micro1 may pay us a referral fee. We say so on every page.
Step 6 · Apply
micro1's Defunct Company Data Partnership
micro1 says it is acquiring data from companies that are no longer operating. The points below are as micro1 publishes them. micro1 decides who qualifies and on what terms.
Who it is for
Companies that are no longer operating company.micro1.ai/get-started · 15 Nov 2026
Size
30+ peak employees company.micro1.ai/get-started · 15 Nov 2026
Countries
United States, UK, Canada, India, Australia, Singapore, Ireland, Netherlands, Germany and France company.micro1.ai/get-started · 15 Nov 2026
Industries
Open to all industries company.micro1.ai/get-started · 15 Nov 2026
Language
English company.micro1.ai/get-started · 15 Nov 2026
Timing
micro1 reviews and approves the data within 30 days, then pays within 30 days of invoice micro1.ai/data · 10 Nov 2026
Cost to you
Nothing from us. Read micro1's own agreement for its terms.
Dormant Yield is run by Kaada Nordic MarTech, an independent referrer. We are not affiliated with micro1, and we are not its staff, agents or representatives. We cannot speak for micro1 or promise any outcome.
We never see, buy, hold or value company records. If a company applies through our link and a qualifying deal completes, micro1 may pay us a referral fee. The company pays us nothing, and our fee does not come out of its payment.
Where our link appears, we label it. If this page does not fit your situation, we would rather tell you so.
No. We charge nothing. Any referral fee is paid by micro1 and is disclosed on this page.
Will you see our records?
No. Records go only to the buyer, under its own agreement, after you have signed. Never send records to us or to anyone who asks for them before a contract.
The company was struck off years ago. Can I still do this?
In the UK, a dissolved company's property generally passes to the Crown until the company is restored to the register, so nobody can usually license its records directly. Restoration is possible in some cases; speak to a solicitor first. In the US it depends on state law and whether the company went through bankruptcy.
What about employee data?
Employee and HR records are the most sensitive part of company data. Expect them to be excluded or properly de-identified, and check whether consent or notice is needed before anything is shared.
How long does it take?
micro1 says it reviews and approves the data within 30 days, then pays within 30 days of invoice. Confirming who holds the rights can take longer than either.
I was a director, not the officeholder. Can I apply?
Usually not. While a company is in administration, liquidation or bankruptcy, the officeholder controls its assets. Pass this page to them.
United Kingdom
United States
Canada
Australia
India
Singapore
Ireland
Netherlands
Germany
France
CreditorsA possible extra asset from records that would otherwise be lost when software subscriptions lapse.
OfficeholdersA clear process, no cost from us, and a straight answer when it does not fit.
AI developersBusiness records used under a licence, with people taken out, instead of scraped data.
