In March 2024, Companies House introduced the first wave of changes under the Economic Crime and Corporate Transparency (ECCT) Act, setting the stage for more reforms over the coming months. These updates are part of a broader effort to boost transparency, strengthen corporate accountability, and crack down on economic crime in the UK.

Here’s a breakdown of what’s changed, what’s coming next, and what your company needs to do to stay compliant.

Changes Introduced in March 2024

Registered Office Address Requirements

As of 4 March 2024, every UK company must always have an “appropriate address” as its registered office. This means:

• It must be a physical address. 
• It must be capable of receiving documents. 
• Someone must acknowledge receipt of documents delivered there. 

New Registered Email Address Requirement

Companies are now required to provide a registered email address to Companies House. This is essential for receiving official communications. It’s your responsibility to:

Ensure the address is up to date.

Monitor it regularly for important updates.

Failure to comply could result in enforcement action against your company and its officers.

Read official guidance on GOV.UK 

New Financial Penalties

In October 2024, Companies House began issuing financial penalties for failing to meet legal obligations, such as not filing confirmation statements on time. As additional regulations come into effect, more penalties are expected.

To stay ahead, sign up for email reminders so you don’t miss any important deadlines.

Identity Verification is Coming

Soon, anyone involved in setting up, running, or owning a UK company will need to verify their identity. This includes directors and people with significant control (PSCs). Identity verification will be possible through:

• GOV.UK One Login
• An Authorised Corporate Service Provider (ACSP)

What you need to do now:

• Make sure Companies House has accurate and up-to-date information for all directors and PSCs. 
• Ensure names, dates of birth, and other personal details match identity documents. 

Non-compliance will be an offence and could result in:

• Inability to file for your company 
• Financial penalties
• Restrictions on setting up new companies 

Staying on top of these changes is crucial for keeping your company compliant. Don’t wait until the deadlines approach—start preparing now.