Clear, data-backed explanations of UK company terminology. From SIC codes to insolvency types — understand the language of Companies House and UK regulators.
A system of 5-digit codes used by Companies House to classify UK businesses by their primary economic activity.
Read moreAn individual or entity that holds significant influence or control over a UK company, as defined by the Companies Act 2006.
Read moreThe legal process of removing a company from the Companies House register, ending its existence as a legal entity.
Read moreThe two main types of limited company in the UK: private limited (Ltd) and public limited company (PLC), differing in share trading, capital requirements, and governance.
Read moreThe UK's financial services regulator, responsible for ensuring that financial markets work well and consumers are protected.
Read moreA company that has had no significant accounting transactions during the financial year, as defined by the Companies Act 2006.
Read moreThe legal obligations for UK companies to submit annual accounts, confirmation statements, and other documents to Companies House.
Read moreA legal order preventing an individual from acting as a company director or being involved in company management for a specified period.
Read moreLegal processes that apply when a UK company cannot pay its debts, including administration, liquidation, CVAs, and receivership.
Read moreA unique 20-character alphanumeric code that identifies legal entities participating in financial transactions worldwide.
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