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All new limited companies in the United Kingdom must be registered with Companies House. Online this is often written companieshouse. companieshouse is an executive agency that has the power to incorporate and dissolve limited companies. There are millions of companies registered in Great Britain and these companies are required by law to file specific details of their companies’ activities. The important point to note about companieshouse is that it does not regulate sole traders or partnerships. checkSURE customers often get confused by this. The only people who know the finances or ownership details of sole traders and partnerships are the owners of those businesses and the tax authorises. Unlike companieshouse, the UK tax authorities do not make their documents available to the public.
The primary functions of CompaniesHouse are:
The legislation enforced by CompaniesHouse is required by the Companies Act 1985. This legislation is being updated and will be replaced by the Companies Act 2006 and will fully come into force by October 2008.
CompaniesHouse is an executive agency of the Department for Business, Enterprise and Regulatory Reform, which was created after the Department of Trade and Industry was disbanded in June 2007. It has the authority to fine companies and the directors of limited companies if company legislation is broken. There are also time limits and deadlines by which forms have to reach CompaniesHouse.
All company information and activities have to be submitted to CompaniesHouse. Companies House provide designated forms for the filing of such information. The forms required cover a range of information from the notice of a change of a director to information about the particulars of a mortgage or charge.
The Companies House website www.CompaniesHouse.gov.uk is available to access and download statutory forms that are required by law for the incorporation of companies but also the continuing monitoring of the company and its financials. The website also provides a safe way to file company information online through its WebFiling service. CompaniesHouse allow companies to submit Dormant Company Accounts and Audit Exempt Abbreviated Accounts via their website this way.
CompaniesHouse has led the way in electronic filing. It was one of the first company registries to allow company formation electronically. The vast majority of companies today are formed online, and an ever increasing proportion of the total numbers of documents filed annually into CompaniesHouse are also being completed online.
Getting in contact with CompaniesHouse
CompaniesHouse has three main information centres across the UK.
CompaniesHouse also have a contact centre for all general enquiries on their products, services and operations.
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checkSURE offers a full list of Companies House Documents, from www.CompaniesHouse.gov