Companies House annual report and accounts 2023 to 2024

The Chair states this Annual Report and Accounts for 2023 to 2024, concludes year 4 in the delivery of the strategy, and the planned programme of legislative reform passed its next major milestone with the Royal Assent of The Economic Crime and Corporate Transparency Act (ECCTA) 2023 in October 2023. This marks a significant moment in the history of the UK companies register as the implementation of the new registrar’s powers, from 4 March 2024, brings about the biggest changes since 1844.

 

Performance highlights 2023 to 2024 are in the list below.

 

  • Total filings accepted digitally: 12.7 million
  • UK register size (as at 31 March 2024): 5.35 million
  • Incorporations: 890,684
  • Dissolved companies: 663,167
  • In liquidation: 109,352
  • Companies in course of dissolution: 365,033
  • Companies restored: 7,648
  • Register of Overseas Entities: 30,776
  • Paper purchase A4 ream equivalent: 3,174
  • Rate of confirmation statements filed by companies as at 31 March 2024: 97.3%
  • Number of times the register was accessed: 16 billion
  • Rate of annual accounts filed by companies as at 31 March 2024: 98.3%
  • Total filings accepted digitally: 13.1 million
  • Total filings accepted: 14.3 million
  • Digital take-up: 92%
  • Customer satisfaction: 82%

End of the Memorandum of Association

End of the Memorandum of Association

We are excited about what 2021 has in store for eFiling, our company incorporation software and we will share more information over the coming months. Their current attention focuses on the next Companies House update. As of April 2021, Companies House will no longer accept a Memorandum of Association which means an end to the Memorandum and Articles document within eFiling as we know it today.

The software suppler has been working closely with Companies House to ensure another smooth transition and we will share more details regarding this update, and the migration of the Memorandum and Articles document, in February. This does mean that those who upload their own documents or use their own default for incorporation those documents will have to be amended after this date for future submissions.