Alina Grigorsteva on the changes to Companies House requirements
The new temporary changes to the Companies House filing requirements, introduced in light of the COVID-19 pandemic crisis, came into force on 27 June 2020. They affect filing obligations for private and public companies, LLPs and overseas companies.
With more people working from home and others being furloughed, businesses are less efficient and the new rules allow companies more breathing space for their filings. The changes described below apply automatically to the aforementioned businesses.
FILING CONFIRMATION STATEMENT
An annual confirmation statement is filed at Companies House detailing various changes, such as company’s share capital and details of its shareholders. The deadline for the filing confirmation statement has been extended from 14 days to 42 days from the end of the company’s review period.
The period for registration of charges created after 6 June 2020 at Companies House has been extended from 21 days to 31 days, starting the day after the charge was created.
FILING ACCOUNTING INFORMATION
The deadline for filing accounts is automatically extended by the Companies House for businesses whose accounting deadline falls from 27 June 2020 to 5 April 2021 (inclusive). The extensions are:
If the business has already had an extension from the Companies House, the above extension will run from the original filing deadline.
Event-driven filings (certain changes and events) have been extended from 14 days to 42 days. The examples of event-driven fillings are provided below:
For further information, please contact Alina Grigortseva, Paralegal, in Axiom Stone’s Corporate Department by tel: 0203 827 6100 or email: ALG@axiomstone.co.uk.
Note: the information contained in this article is accurate at the time of publication on 14 August 2020. The remarks in this article are not a substitute for legal advice on the specific circumstances of any case.