0370 270 6000

already registered?

Please sign in with your existing account details.

need to register?

Register to access exclusive content, sign up to receive our updates and personalise your experience on brownejacobson.com.

Privacy statement - Terms and conditions

Forgotten your password?

Companies House looking to take a more robust role on company filings

16 November 2020

The changes currently proposed by the Government to Companies House are likely to be amongst the most significant since the Companies Act 2006 originally came into force and expand on the PSC and other filing regimes already in place. Each proposal builds on the goals of Companies House to be a more robust and accurate depository of company information. Underpinning the majority of the changes is the drive to improve transparency concerning the ownership and senior officers of a company. Whilst Government agencies (and certain credit agencies) have previously been able to access Companies House information held in private (such as director’s residential addresses and full dates of birth), there is now a greater drive to share and compare that information. Therefore, companies will need to be mindful that information held at Companies House is increasingly likely to cause complications if that information is not accurate. Rather than being a casual afterthought, the accuracy of information filed at Companies House going forward should be considered as important as an audit.

Changes to the regime for appointments of directors are also proposed - going forward such appointments are likely to take place on registration at Companies House following ID checks taking place, rather than at the point of any board/shareholder/investor approval. Given that a director appointment by registration will therefore be a clear question of fact going forward, companies should be careful to ensure these appointments are filed promptly and accurately and if time is of the essence also ensure that any ID checks are carried out in advance wherever possible. For example, failure to register a director at Companies House could call into question whether that person is “a statutory director” and whether this could impact on them qualifying for cover under any existing insurance policy (such as D&O insurance).

Ultimately, filings at Companies House in the future are going to carry far more importance and relevance than previously - if a company does not currently have any framework in place to provide support and guidance on filings at Companies House, now would be a good time to reconsider this. If your company or group is interested in this type of support, please contact Rob Hallmark who heads up the CoSec (Company Secretarial) team at Browne Jacobson LLP - we support over 500 companies with all of these requirements and would be very happy to assist you.

For a full analysis of all major changes being proposed please see our previous article from Emma Grant, Knowledge Director at Browne Jacobson LLP.

Focus on...

Legal updates

Contract termination in Covid-19 times

The ‘new normal’ has brought with it a variety of different challenges and it has had an impact on nearly all facets of our lives, including the termination of contracts during these Covid-19 times.

View

Legal updates

Recovering monies from an individual? Don’t forget about the Pre-Action Protocol for Debt Claims

The PAPDC does not apply to business to business debt only if the debtor is a sole trader. Much more information is required under the PAPDC within a letter of claim and debtors should be given more time to respond along with an opportunity to make payment proposals throughout the pre-action process.

View

Legal updates

Mandatory directing off-site

On 17 September 2021, the High Court handed down judgment in the case that covers some important points in relation to directing pupils off-site and is one of the few cases that covers the powers of schools to do so.

View

Legal updates

Public Matters - September 2021

Updates include the UK Hydrogen Strategy and IPA assistance with PFI contract expiry.

View

The content on this page is provided for the purposes of general interest and information. It contains only brief summaries of aspects of the subject matter and does not provide comprehensive statements of the law. It does not constitute legal advice and does not provide a substitute for it.

Mailing list sign up

Select which mailings you would like to receive from us.

Sign up