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Wednesday, January 10, 2024

How to investigate companies in UK

 

Seven Tax Experts: The Biggest Implications Of Moore




Online Journalism Blog – recommendations from Graham Barrow: “Start with Companies House – Companies House is where all the businesses based in the UK need to be registered. It is fully transparent, open, and free. Check the basics of a company: who are the directors? Does the company have real activity? A website? If a company does not have a website, it is a red flag. Be aware that Companies House do not check any description and has no mandate to do so. Graham’s Twitter account regularly publishes ridiculous examples of companies exploiting that: if Jesus Christ can be a company director, you know no checking is involved.  Parliament approved new legislation to improve corporate transparency and the accuracy of the register. It will not change Companies House directly, and it will not entirely protect it from bad actors, but Graham considers it a step in the right direction…”