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What is a Confirmation Statement?

A Confirmation Statement is an annual declaration from a company to Companies House in the UK. The statement confirms that the information Companies House holds about the company is correct. It is a legal requirement for all companies to file a Confirmation Statement at least once every 12 months.

Why is a Confirmation Statement Required?

The purpose of a Confirmation Statement is to give Companies House a yearly update on a company’s information, such as its registered address, officers, shareholders, and other details. By filing a Confirmation Statement, the company is confirming to Companies House that the information they hold is accurate and up-to-date.

What Information Does a Confirmation Statement Contain?

A Confirmation Statement contains basic information about the company, such as its name, registered address, officers, shareholders, and other details. It also confirms that no changes have been made to the company’s information since the last statement was filed.

When is a Confirmation Statement Required?

A Confirmation Statement must be filed at least once every 12 months. Companies House will normally send a reminder to the company when a Confirmation Statement is due.

How Do I File a Confirmation Statement?

A Confirmation Statement can be filed online, or by post. To file online, you will need to register on the Companies House website and create an account. Once you’ve created an account, you can log in and file the Confirmation Statement. Alternatively, you can post a completed Confirmation Statement form to Companies House.

What Are the Penalties for Not Filing a Confirmation Statement?

If a company fails to file a Confirmation Statement, they may be subject to a fine of up to £5,000. In addition, the company’s officers may be held personally liable for any fines or penalties imposed.

Are There Any Benefits to Filing a Confirmation Statement?

Filing a Confirmation Statement is a legal requirement, but there are also some benefits to doing so. By filing a Confirmation Statement, a company can demonstrate that it is a legitimate business and that it is compliant with the law. This can help to build trust and credibility with customers, suppliers and other stakeholders.

Conclusion

A Confirmation Statement is an annual declaration from a company to Companies House. It is a legal requirement for all companies to file a Confirmation Statement at least once every 12 months. Failure to do so could result in a fine of up to £5,000. There are also some benefits to filing a Confirmation Statement, such as building trust and credibility with customers, suppliers and other stakeholders.