Company House is where all companies in the UK are registered and incorporated. This is done for all companies, whether they are subsidiaries, small companies, and even dormant companies. There are rules and regulations that are supposed to be followed in order for the house to register a company. Without meeting certain conditions laid down by law, you cannot be successful in starting a business in the UK.
In forming a business, one is expected to send all the required details home so that they can be sure to get started. Subscribers will need to submit the name of the business and where they plan to locate the business. This is important because the house has three branches and they all work according to their location. The other thing required by the house is the annual financial statements so that they can see how the company has been progressing and the annual returns of the company. This is a must for all businesses in the UK and failure to do so one has to face certain consequences.
Since the house is in charge of all the registration of all businesses, it was one of the first company registries to implement the electronic formation of a company. This is why the signatures are formed electronically, which allows them to offer a much faster and more efficient service. It also uses other peripheral companies so that they can provide some of their services.
The house makes sure that all their work is done efficiently and that all rules and regulations are followed to the letter. This is what improves your efficiency and productivity.
