Government launches consultation on Companies House reforms

15 May 2019

The government has launched a consultation on new Companies House reforms, including a 'major upgrade' of its register.

The consultation aims to tackle misuse of the register. It also strives to provide business owners with 'greater protection from fraud'.

Some of the key measures proposed by the government include a 'robust' identity check for company directors and people with significant control; a cap on the number of directorships an individual can hold simultaneously; and new systems to 'better protect' the personal information that is held on the Companies House register.

The government also advocates creating a more sophisticated method of identifying criminal activity. It has proposed establishing effective links between the records held by Companies House and other government bodies, so that anomalies can be identified sooner.

Louise Smyth, Chief Executive of Companies House, said: 'This package of reforms represents a significant milestone for Companies House as they will enable us to play a greater part in tackling economic crime, protecting directors from identity theft and fraud, and improving the accuracy of the register.'

The consultation is open until 5 August 2019.

Client Reviews

Wayne Plaister FCCA

Prime Accounts Limited

Reviews and Ratings for Accountant Wayne Plaister, Sheffield

Home | Accessibility | Disclaimer | Help | Site map |

© 2019 Prime Accounts Ltd. All rights reserved.


Prime Accounts Ltd. Company Reg. No. 05982652 Registered in England and Wales. VAT No. 930 5613 43. Memberships: ACCA, No: 1673164.
Prime Accounts Ltd., Unit 6C Napier Court, Gander Lane, Barlborough, Chesterfield, Derbyshire S43 4PZ

We use cookies on this website, you can find more information about cookies here.