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Meaning of “bona vacantia”

by admin | Mar 5, 2026 | Corporate Governance & Regulation | 0 comments

Bona vacantia is Latin term meaning “ownerless goods”. The bodies that deal with bona vacantia claims vary across the United Kingdom, but they all ultimately represent the Crown. Under company law, when a company is dissolved, any remaining rights or...

What Is a person with significant control?

by admin | Mar 5, 2026 | Corporate Governance & Regulation | 0 comments

A person with significant control (PSC) is someone who owns or exercises significant influence over a company. They can also be referred to as a “beneficial owner”. Every UK company is required to identify its PSCs and register their details with Companies...

Company information in the public domain

by admin | Jan 15, 2026 | Corporate Governance & Regulation | 0 comments

Did you know you can monitor any UK company for free and get email alerts when key details change, which can help protect your own business from unexpected or unauthorised filings? A significant amount of information about companies is available in the public...

Company Voluntary Arrangements

by admin | Nov 6, 2025 | Corporate Governance & Regulation | 0 comments

A Company Voluntary Arrangement (also known as a CVA) is a special arrangement that allows a company with debt problems or that is insolvent to reach a voluntary agreement to pay its business creditors over a fixed period of time. The arrangement is similar to the...

Why ID verification is supposedly good for business

by admin | Oct 30, 2025 | Corporate Governance & Regulation | 0 comments

Last week, we covered the new requirement for directors and persons with significant control (PSCs) to verify their identities from 18 November 2025. This process will be rolled out over 12 months, with Companies House reaching out directly to companies, providing...

Have you verified your ID at Companies House?

by admin | Oct 23, 2025 | Corporate Governance & Regulation | 0 comments

From 18 November 2025, all company directors and people with significant control (PSCs) will be legally required to verify their identity at Companies House. This verification is being phased in over 12 months and Companies House is contacting companies directly with...
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