Companies House has implemented new and enhanced powers aimed at fortifying the integrity of its data and curbing the misuse of the companies register.
Companies House
Company incorporation and registration fees are set to rise in May following new legislation. The fee for incorporating a company online is set to rise from £12 to £50, while the fee for a postal application will increase from £40 to £71.
Companies House has been given new powers to tackle fraudulent information on the company register under legislation which received royal assent yesterday. The Economic Crime and Corporate Transparency Act introduces what the UK government calls "world-leading powers" to allow authorities to proacti
Glasgow has reached a significant milestone with 51,750 registered businesses, surpassing the 50,000 mark for the first time in its history.
MPs have been urged to fix the "dysfunctional" Companies House as it is inadvertently facilitating business fraud in its current state. The warning call came from the anti-fraud leader at the trade body UK Finance during a session of the business, energy and industrial strategy (BEIS) committee, in
The value of Sir Alex Ferguson's personal company, ACF Sports Promotions, increased in value to almost £17.5 million last year. According to newly filed accounts with Companies House, the firm has total assets of £21m and owes just over £3.5m to creditors within one year.
The Gleneagles Hotel has reported its first loss in ten years with pre-tax losses of £5.2 million.
The Glencadam Distillery in Brechin has seen pre-tax profits soar to £17.5 million in 2020 despite the economic uncertainty caused by the coronavirus pandemic. According to accounts filed by the distillery's owner Angus Dundee Distillers, the pre-tax profits rose from the £12.4m recorded
Glasgow Airport has warned of 'material uncertainties' which may cast 'significant doubt' over its ability to continue as a going concern.
The number of new tech start-ups in Scotland has increased by 57% in quarter three this year compared to quarter one data, according to new research conducted by audit, tax and consulting firm RSM.
Marketing Edinburgh, Edinburgh's tax-payer funded tourism marketing company, has been fined for failing to file its accounts on time.
Due to the current public health situation and the impact of coronavirus on companies (e.g. self-isolating), Companies House is now automatically granting a two-month extension to file company accounts.
A management reshuffle has occurred at accountancy firm RSM following the discovery of an error in its accounts. RSM scored a major win last year when it was appointed as auditor to Sports Direct. However, the company's accounts for the year to 31st March revealed that the firm had made e
Tunnocks' financial results have revealed that the company has sold £60 million of products for the first time.
Losses at Donald Trump's Turnberry golf resort have more than doubled to reach £10 million.