Companies House

PoGee
PoGee Posts: 634 Forumite
Fourth Anniversary 100 Posts Name Dropper
edited 8 February 2023 at 7:31PM in Consumer rights
If it says on Companies House  - confirmation statement overdue (in red print), does this mean that the company may be having financial issues?

Comments

  • Peter999_2
    Peter999_2 Posts: 1,231 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 8 February 2023 at 7:33PM
    Not necessarily.   It just means they haven't completed the confirmation statement when they should have done (this is literally going online and telling the HMRC what the company does).    Doesn't have anything to do with financial stuff - however, if they are lax at completing the confirmation statement, are they lax at other things?

    If the accounts are up to date I personally wouldn't read into the confirmation statement not being done on time.
  • MattMattMattUK
    MattMattMattUK Posts: 10,601 Forumite
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    I agree with the above, I would view it that they are very poor at admin, not that they are in financial difficulty. 
  • bris
    bris Posts: 10,548 Forumite
    Part of the Furniture 10,000 Posts Name Dropper

    If the accounts are up to date I personally wouldn't read into the confirmation statement not being done on time.
    It also depends on how long it's overdue.

    When it gets to a certain point the company will be struck off.

    It 's a dangerous game to play though as it's a criminal offence to fail to file them so not doing them on time is a risk as they only get 14 days overdue.

    The directors will be prosecuted so it would be silly to ignore them.
  • PoGee
    PoGee Posts: 634 Forumite
    Fourth Anniversary 100 Posts Name Dropper
    I think they were just being slow as it's on there now.
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