Companies House is the key government organization, which co-ordinates the administration of businesses in the UK. It plays major role in providing information about British companies. Before a business can set up as a limited company, it must be registered with Companies House. All limited companies in the UK are registered at Companies House, an Executive Agency of the Department of industry and Trade.
The main functions of Companies House are to:
- Dissolve and incorporate limited companies.
- Store and Examine company information delivered under the Companies Act and related legislation.
- Make this relevant and required information available to the public.
Relevance of the Company House:
The Company House is an executive agency of the Department for Business, Skills and innovation. It is responsible for registering all limited companies in England, Wales, Northern Ireland and Scotland. Every year, 300, 000 companies are set up in the UK. Also, more than 2 million limited companies have been registered with this agency so far.
Functions and Responsibilities of the Company House:
One of the primary functions of the agency includes dissolving and incorporating limited companies in the UK. The agency also serves as a repository of information on business laws, such as the various Companies Acts. The agency also ensures that the relevant information reaches the general public. You can obtain company formation information published on the Companies House website.
Role of Company House in Registering a New Company:
The Company House is at the heart of all business activities in the UK which plays a key role in registering new companies. You can get the application form for company registration from this agency. After filling up the application form, it must be sent back to the agency along with the registration fee. The agency maintains an index of the existing company names, which you must check before choosing your company name. The agency also registers the location of your company office and approves your appointed company directors and secretary.