UK Companies House faces scrutiny over systemic register errors
· Finance · United Kingdom
Britain's Companies House is facing scrutiny after almost four in 10 businesses identified inconsistencies between the official corporate register and their own records, calling the reliability of the UK register into question. The findings raise concerns about the data investors, lenders and compliance teams rely on when checking company ownership and filings.
Why it matters:Registries underpin due diligence and anti-money-laundering checks, so systemic data errors affect lenders, investors and compliance teams across the UK corporate sector.
Key points
- Almost four in 10 businesses found inconsistencies with their own records.
- The errors are described as pervasive and systemic.
- The findings question the official register's reliability.
Sources (original reporting)
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