Companies House has made a number of changes in recent weeks that could affect your business.
Here’s what you need to know.
Banking details
Customers wanting to make a payment to Companies House must use the regulator’s new bank account details from February next year in order for it to be processed.
The change comes after the registry switched over from a trading fund to a central government organisation, meaning it must also change to a different type of bank account.
Customers required to make a payment will need to use the new bank account details published on Companies House paper or online correspondence or guidance.
The changes will come into effect from 01 September 2020, but the old bank account will stay in operation for six months to ensure the seamless transition to the new bank account.
Voluntary strike off process to resume
From 10 October 2020, the temporary measure suspending compulsory strike off action will be lifted.
From this date, the regulator will resume the process to remove a company from the register if there’s reasonable cause to believe it’s no longer carrying on business or in operation. This could include if company documents are outstanding and there has been no response to letters, letters sent by Companies House are returned undelivered, and/or the company has no directors.
Commenting on the announcement, the registry said: “You must file your outstanding documents or contact Companies House urgently. Otherwise, we’ll resume the process to remove your company from the register on 10 October 2020.”
The change comes after temporary easement measures were introduced in April 2020 in response to the Covid-19 pandemic.
For more company secretarial support and advice, please get in touch with our expert team today.