Companies House

The UK has collected only 3% of the financial penalties issued to offshore companies failing to comply with transparency laws designed to reveal the true owners of UK property. Figures from Companies House reveal that since January 2023, just 14 out of 444 fines levied against non-compliant firms ha

A new service that allows individuals to verify their identity directly with Companies House has been launched. The introduction of identity verification is one of the key changes to UK company law under the Economic Crime and Corporate Transparency Act 2023.

Companies House has taken a step towards greater certainty about who is filing information on behalf of companies.  Today sees the launch of a new service that allows third-party corporate service providers, such as accountants, legal professionals and company formation agents to apply to regis

The Financial Reporting Council (FRC) has launched the public beta of its Digital Reporting Viewer, a new tool designed to improve free access to structured company reporting data. The Viewer enables users to easily view and analyse Inline eXtensible Business Reporting Language (iXBRL) files, displa

Companies House has published its first ever strategic intelligence assessment as it steps up its work to tackle economic crime.  The strategic intelligence assessment gives an analysis of the key threats Companies House faces. It aims to guide future prioritisation, decision making, risk ident

Companies House has introduced new powers to drive better compliance and supports the agency in improving the accuracy of the UK company register and crack down on misuse. Registered companies are being warned to keep on top of their responsibilities ahead of new penalties being applied. 

BrewDog's recent failure to submit its 2023 accounts to Companies House on time has highlighted the need for stricter penalties for late filing, according to tax expert Dan Neidle. The Scottish brewer missed the end-of-June deadline without explanation, exposing a flaw in the current system where th

Companies House has implemented new and enhanced powers aimed at fortifying the integrity of its data and curbing the misuse of the companies register.

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