Companies House updates limited company guidance

Companies House (CH) has updated its limited company guides to feature fresh guidance on inconsistencies, including what actions registrants should take if such conflicts crop up.

The five-part guide makes clear that officers of a company will be told if there is a complaint or inconsistency in their records, rather than their forms being rejected by CH officials.

But it is “very important” that, once informed of a conflict between paperwork and the information already on file for the company, the registrant responds to officials promptly.

The guide adds that failure to do so may result in CH publicly marking up the company’s record as “inconsistent” – a notice that will be visible to any person searching the register.

Registrants are warned: “If you do not respond to it within 14 days then the company and every officer who is in default may be guilty of an offense and liable for a fine.”

The guide, which covers inconsistencies on annual returns, officer appointments, changes and terminations, coincides with changes to how a company files details on related undertakings.

 

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Written by Simon Moore

Simon writes impartial news and engaging features for the contractor industry, covering, IR35, the loan charge and general tax and legislation.
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