Are you a company director or a company secretary? Or have you been entrusted with the role of making a company’s filings to Companies House?
Abigail Owen, Corporate Partner at DMH Stallard LLP, provides a reminder for all those who have to file data and information at Companies House to make sure they have read what they are about to file and that the information is correct and a true reflection of the situation.
In a ‘first of its kind’ prosecution, in the early part of 2018 a businessman from Warwickshire was ordered to pay a £12,000 penalty after pleading guilty to providing false company information. This appears to be the first successful action against a company director since the laws came into force in 2009.
The businessman, Kevin Brewer, had incorporated two companies which included leading City and Westminster individuals. Mr Brewer formed John Vincent Cable Services in 2013, which falsely named Sir Vince Cable MP, the former Business Secretary, as a director and shareholder. In 2016, Mr Brewer incorporated Cleverly Clogs Ltd and falsely named the following individuals both directors and shareholders: Minister responsible for Companies House - Baroness Neville Rolfe, James Cleverly MP and a fictional Israeli national by the name of Ibrahim Aman. Companies House has now dissolved and struck these two companies off the register.
There are over four million companies registered at Companies House and one aspect that Mr Brewer’s case has highlighted is the need for companies to keep on top of and provide accurate filings, as well as keeping a regular eye on their own company and those companies they are doing business with, to check that the details at Companies House are not being falsified by fraudsters or that they are doing business with fraudsters.
For advice on Companies House filings, maintaining a company’s statutory registers & records or other business law matters, please contact Abigail Owen on 01293-558573 or by email at firstname.lastname@example.org.