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All limited company contractors will communicate with Companies House in a number of ways each year - via the submission of their annual returns, and to provide company information updates.
In this article, we provide a brief overview of Companies House, what services it provides, and what obligations you have as a company director.
What does Companies House do?
Companies House is the official central register of UK companies. All new companies are registered via Companies House, and data on existing (and past) companies is maintained there. It is an executive agency of the Department for Business Enterprise and Regulatory Reform (BERR).
Although there has been a registration system since 1844, these days company registrations are covered by various releases of the Companies Act - 1985, 1989 and most recently changes contained in the 2006 Act.
The main functions of Companies House are to: incorporate and dissolve UK limited companies, examine and maintain company information as required under the Companies Act, and to make this information available to the public.
Around 300,000 new companies are formed each year, adding to the total of over 2 million limited companies active in the UK today.
The majority are private limited companies (such as those used by contractors), public limited companies (PLCs) and limited liability partnerships (LLPs).
Your dealings with Companies House
As a company director, you have certain obligations to keep Companies House updated with changes you make to your company.
Your first dealings with the agency will be when you set up a limited company. Typically your accountant or a company formation specialist will take care of this step for you. You can find out more in dedicated guide to the company incorporation process.
Although your contractor accountant will most likely deal with most of ongoing administrative tasks, you are ultimately responsible to ensure that your duties as company director are met and that they are done so within the prescribed time limits.
Each year, you must submit your company Annual Return (Form AR01) which contains 'snapshot' information about your company at that moment in time.
If you make any changes to your company name, registered address, director details, company secretary details, or shareholder details, you must update Companies House via a series of official forms.
You can read more about these responsibilities in our dedicated guide, company director duties and obligations, and read further general information at the Companies House website.
Form a limited company
If you would like to set up a limited company right away, you can do so via our long-term formations partner, Duport.
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