19 March 2024
The first measures under the Economic Crime and Corporate Transparency Act 2023 came into force on Monday 4 March 2024.
The measures give Companies House greater powers to tackle and remove factually inaccurate information.
Companies House has seen a significant increase in submissions since then and as a consequence of changes to their current examination policies and adapting to a new way of working, this is having an impact on time taken to examine applications.
Standard applications for new companies are currently taking approx. 2-3 working days to be processed, but Companies House have assured us that they are working to reestablish their ‘normal’ timescales as soon as they can.