In the United Kingdom, the registrar under which all the companies are registered under his known as Companies House. It is an executive agency and trading fund of Her Majesty's Government. The Company House serves as an executive agency, sponsored by the Department for Business, Energy, and Industrial Strategy and is also a member of the Public Data Group. The United Kingdom has had a system of joint company registration since 1844. All forms of companies permitted by the United Kingdom Companies Act are incorporated and registered with Companies House and file specific details as required by the current Companies Act 206. Companies House is responsible for examining, storing, and updating company information, including annual filings such as annual accounts and confirmation statements. Companies also make this data accessible and available to the general public, removing non-complaint companies from the register, and prosecuting directors.
In the United Kingdom, there are three distinct legal systems: England and Wales, Scotland, and Northern Ireland. This means that the Companies House has 3 different registrar branches and each of these branches deal with companies incorporated in their Jurisdiction. There Is a fourth office located in London, however, this office only serves as an information center where documents can be filed and delivered; and search services carried out on limited companies registered in the UK.
The registered address of a company, that is where a company is set in UK (i.e official contact address) determines which Companies House Branch will deal with the incorporation and subsequent storing of company records.
A tremendous amount of corporate information is stored at the Companies House. In the year 2018 alone, there were as many as 4.1 million companies in the UK. In 2020, the number of business registered under the Companies house are approximately, 4.3 million.
After a company is incorporated in the UK, the business is required to make provisions of some information for the register and also give updates to the Company House of any changes after incorporation such as a change of Company name or replacement of an official; documents are also expected to be filed each year. Examples of information stored at Companies House are :
• The incorporation date of the company
• Company name and registration number
• The company's office address
• Details of the company 's directors (past and present), secretaries, shareholders
• Mortgage Charge data
• Insolvency information
• Voluntary or Compulsory strike-off action
• Reports of late or missed statutory document fillings
Companies House also provides a span of digital facilities, making it easy to supervise your own company online and that of other registered limited companies and as well as the people who own, manage and control them. In the Companies House Service is a feature known as "Follow" which helps users to register their details to receive free email alerts of limited company filings. Once registered, an alert will provide notifications of approved documents filed by any registered limited company one has chosen to follow free of charge.
There are four Companies House information centers located in London, Cardiff, Edinburgh, and Belfast. In these centers, information available are:
• Making of changes to the records if your company
• Reviewing available records of your company, and filing deadlines
• You can also order company documents, certificates, and certified copies
• Company filings by post are also received at these centers
In conclusion, the Companies House in the United Kingdom is responsible for assessing, updating, and conserving company information across the United Kingdom which can be accessed by the General public.