Once a year Companies House requires every limited company to confirm the information they hold for the company is up to date. This is done using an online form called a Confirmation Statement or CS01.
A confirmation statement must be filed within 14 days of the due date. If it is not filed or is late, Companies House will start proceedings against the company. The result, if not resolved, would mean the company is struck off their register which prevents any further trade by the business. The final outcome if unresolved is all company cash and assets are transferred to The Crown.
The confirmation statement requires the following details of a company to be checked:
details of the registered office address
details of directors
shareholder information and share capital
the register of 'people with significant control' (PSC)
As part of our service we submit your confirmation statement online each year and pay the £13 filing fee.
When your confirmation statement is due we'll email you and display a message on your dashboard. Click the message then follow the instructions to check and approve the information. We will then submit your confirmation statement.
All companies must keep a register of people with significant control (PSC) and companies have to deliver information regarding their PSCs when making a confirmation statement.
For most companies a PSC is someone who:
holds more than 25% of a company’s shares
holds more than 25% of a company’s voting rights
has the right, directly or indirectly, to appoint or remove the majority of directors
While there are additional conditions to being a PSC, most small companies will fit into one of these three categories.
The due date is usually 1 year after the incorporation date of your company or 1 year following the last submission of a confirmation statement.
The confirmation statement must be submitted within 14 days following the due date.