14 March 2024

The first measures under the Economic Crime and Corporate Transparency Act 2023 came into force on Monday 4 March 2024.

The measures give Companies House greater powers to tackle and remove factually inaccurate information.

Companies House has seen a significant increase in submissions since then and as a consequence of changes to their current examination policies and adapting to a new way of working, this is having an impact on time taken to examine applications.

Standard applications for new companies are currently taking approx. 4-5 working days to be processed, but Companies House have assured us that they are working to reestablish their ‘normal’ timescales as soon as they can.

“We have used Bourse for all our environmental/plan/water and drainage/Company and plan searches, and some Local Searches for many years and have always been very pleased with their prompt and efficient service and with the quality of the documentation they produce for our clients. We have always found Bourse find a means to help resolve any issue re: timescales or additional information in our cases very promptly”

Solicitors - Swindon