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What is a person with significant control?

Published in Company records on February 28, 2024 by Johnathan Korchak

A Person with Significant Control (PSC) is an individual who exercises a significant level of influence or control over a company. It is a legal term designed to enhance transparency and accountability in corporate governance by…

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Tags: company records, PSCs, registers

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Companies House changes from 4 March 2024

Published in Company records on February 21, 2024 by Johnathan Korchak

4 March 2024 sees the implementation of the first set of changes to company secretarial work introduced by the Economic Crime and Corporate Transparency Act 2023 (‘ECCTA’). Most notably, this includes the launch of the…

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Tags: registered email address, ECCTA, Companies House

What is the registered email address?

Published in Company records on February 12, 2024 by Johnathan Korchak

The new requirement for companies to supply a registered email address (REA), also sometimes referred to as an ‘appropriate email address’, is found in Clause 29 of the Economic Crime and Corporate Transparency Act (2023).…

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Tags: registered email address, ECCTA, Companies House

Review of 2023 UK company formations

Published in News and opinion on February 12, 2024 by Johnathan Korchak

We’re pleased to share the Inform Direct 2024 Review of UK Company Formations.…

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Tags: company formations, Inform Direct, news

The balance sheet explained: Liabilities

Published in Company records on February 2, 2024 by David Hill

This article gives some simple examples of how to break down liabilities on the balance sheet for a UK company. It deals with micro-entity accounts because they are the simplest example. Also, micro-entities are by far the most…

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Tags: company accounts, accounts, micro-entity accounts, statutory accounts

The balance sheet explained: Assets

Published in Company records on January 31, 2024 by David Hill

This is an introduction to classifying items in the assets section of the balance sheet for a micro-entity, the smallest type of company. It’s a good place to start because it’s one of the simplest forms of company accounts,…

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Tags: company accounts, accounts, micro-entity accounts, statutory accounts

2025 Review
of UK Company Formations

Read our comprehensive review of UK company formations in 2024, year-on-year growth rates and breakdown by county. This detailed insight is provided in the form of easy to understand infographics available for sharing through social media and on your own website

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