Company House plays a vibrant and dynamic role in the speedy formation and establishment of new businesses. As the Executive Agency of the Department for Business, Enterprise and Regulatory Reform (BERR), Companies House assumes overall responsibility for registration of all limited companies in England, Wales and Scotland.
In UK, the company registration issues are dealt with by the Companies Act 1985, the updating legislations contained in the Companies Act 1989 and the Companies Act 2006.
Functions of Company House
Company House is the sole authority for registering new company formations and carrying out basic checks to ensure that all necessary information has been filed. It, however, does not have the statutory power or functionality to verify the accuracy of the information that is submitted by numerous corporate entities. Company House accepts all information in good faith and puts it on public record.
The main functions of the Company House include the following:
* Incorporate and dissolve limited companies.
* Examine and store all information delivered under the Companies Act and the related legislations.
* Provide information about the regulatory framework concerning the registration and running of a company.
All limited companies including subsidiary, small and inactive companies have to necessarily file their annual financial statements and company returns with the Company House. In addition, foreign or overseas companies which have a branch or place of business in Great Britain also need to register and file their annual financial statements, annual returns and other information with Company House. The statements which are to be submitted should pertain to the whole company and not be confined to the branch operating in UK.
The filing of documents makes the information accessible to anybody who wants to know about the company. The information available with Company House also lets people know about the performance of a company and its directors.
Services Provided by the Company House
As one of the first National Company Registries to implement electronic company formation, Company House has done wonders. It authorized several company formation agents to facilitate speedy electronic filing of documents and forms. The organization uses the services of several credible and efficient external agencies in the process.
As one of the largest UK based company registration agents, Company Formations 24.7 serves hundreds of entrepreneurs through its broad range of services pertaining to company formation and company registration with the Companies House.
About the Author:
Companies House London - As part of one of the UK's largest company formation agent, with 25 years experience, Company Formations 24.7 offer a fast, straightforward and professional service and have tailored three great company formation packages.
