The confirmation statement is a yearly requirement for all UK limited companies, ensuring the accuracy of your company’s information on the Companies House register. It’s more than a mere formality—it’s a legal obligation, and neglecting it can lead to penalties or even the dissolution of your company.
Think of the confirmation statement as a periodic health check for your company’s public records. It allows you to verify that details like your registered office address, director information, shareholders, and share capital are all up-to-date and accurate.
Even if nothing has changed in your company over the past year, you are still required to file a confirmation statement to reaffirm the validity of the existing information.
The confirmation statement is your company’s annual pledge to transparency and accuracy, ensuring that your records reflect the current reality of your business.
What’s Changing in March 2024?
From March 2024, a significant change is being introduced to confirmation statements. Companies will now be required to include a “statement of lawful purpose.” This statement affirms that the company’s intended future activities comply with legal regulations, adding another layer of transparency and accountability to the process.