Tag Archives: Companies House

Business Information

UK company information now free of charge

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A year ago Companies House announced that they were going to make all of their company information available free of charge to everyone. The press release was short on detail and many of us wondered what format the data would be in and how easy it would be to use. Daily files containing accounts data registered on the previous day were already available but these are huge zip files that, when unpacked, contain files with meaningless names. (http://download.companieshouse.gov.uk/en_accountsdata.html). Unless you have software that can manage and search the data it is impossible to identify which files contain information on the company you are researching. Companies-House-Free-1

 

For most of us the files are useless.  Was this to be the format of the free service? Thankfully, no.

A new beta service at http://beta.companieshouse.gov.uk/ now enables you to search for companies by name or number and obtain free of charge:

  • Company overviews
  • Current and resigned officers
  • Document images
  • Mortgage charge data
  • Previous company names
  • Insolvency data

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For the officers you can see what other companies they are involved with. What you cannot do at the moment is search by director name from the start. That is a “planned feature” as are disqualified directors search, company monitoring, company name availability, dissolved companies and overseas data. For those options you have to revert to the old WebCHeck service at http://wck2.companieshouse.gov.uk/.

The new beta service is easy to use and at last we have access to UK company documents and accounts free of charge. So, does this mean the end of services such as Company Check (http://companycheck.co.uk/) and DueDil (http://www.duedil.com/)? Not necessarily. Company Check, for example, already has an option for searching by director name and there are also useful charting, monitoring and structure options as well as access to some European companies. They also offer access to risk scores, credit reports and County Court Judgments (all priced). All of these services only allow you to search for companies one at a time: there is no multi-criteria search that you can use to find companies by turnover, number of employees, industry sector for example. Neither can you compare companies or conduct a detailed peer group analysis. For that you still have to use priced services such as BvD (http://www.bvdinfo.com/)

Overall, a move in the right direction and ideal if your needs are simple, for example accounts and director information for a live company. But look carefully at what features are available before you cancel your subscription service.

 

Business Information, Government, Search Strategies

More UK information vanishes into GOV.UK

Just when you’ve finally worked out how to search some of the key UK government web resources they disappear into the black hole that is GOV.UK.

The statistics publication hub went over a few weeks ago and the link http://www.statistics.gov.uk/ now redirects to http://www.gov.uk/government/statistics/announcements. Similarly, Companies House is now to be found at http://www.gov.uk/government/organisations/companies-house and the Land Registry is at http://www.gov.uk/government/organisations/land-registry. Most of the essential data, such as company information and ownership of properties, can still be found via GOV.UK and in fact some remains in databases on the original websites. For example, following the links on GOV.UK for information on a company eventually leads you to the familiar WebCHeck service at http://wck2.companieshouse.gov.uk/. Companies House useful list of overseas registries, however, seems to have totally disappeared but is in fact hidden in a general section covering all government “publications” (http://www.gov.uk/government/publications/overseas-registries#reg).

Documents may no longer be directly accessible from the new departmental home pages so a different approach is needed if you are conducting in-depth research. GOV.UK is fine for finding out how to renew your car tax or book your driving theory test – two of the most popular searches at the moment – but its search engine is woefully inadequate when it comes to locating detailed technical reports or background papers. Using Google’s or Bing’s site command to search GOV.UK is the only way to track them down quickly, for example biofuels public transport site:www.gov.uk.  Note that you need to include the ‘www’ in the site command as site:gov.uk would also pick up articles published on local government websites. This assumes, though, that the document you are seeking has been transferred over to GOV.UK.

There have been complaints from researchers, including myself, that an increasing number of valuable documents and research papers have gone AWOL as more departments and agencies are assimilated Borg-like by GOV.UK. Some of the older material has been moved to the UK Government Web Archive at http://www.nationalarchives.gov.uk/webarchive/.

This offers you various options including an A-Z of topics and departments and a search by keyword, category or website. The latter is slow and clunky with a tendency to keel over when presented with complex queries. I have spent hours attempting to refine my search and wading through page after page of results only to find that the article I need is not there, nor anywhere else, which is an experience several of my colleagues have had. This has led to conspiracy theories suggesting that the move to GOV.UK has provided a golden opportunity to “lose” documents.

I am reminded of a scene from Yes Minister:

James Hacker: [reads memo] This file contains the complete set of papers, except for a number of secret documents, a few others which are part of still active files, some correspondence lost in the floods of 1967…

James Hacker: Was 1967 a particularly bad winter?

Sir Humphrey Appleby: No, a marvellous winter. We lost no end of embarrassing files.

James Hacker: [reads] Some records which went astray in the move to London and others when the War Office was incorporated in the Ministry of Defence, and the normal withdrawal of papers whose publication could give grounds for an action for libel or breach of confidence or cause embarrassment to friendly governments.

James Hacker: That’s pretty comprehensive. How many does that normally leave for them to look at?

James Hacker: How many does it actually leave? About a hundred?… Fifty?… Ten?… Five?… Four?… Three?… Two?… One?… *Zero?*

Sir Humphrey Appleby: Yes, Minister.

From “Yes Minister” The Skeleton in the Cupboard (TV Episode 1982) – Quotes – IMDb  http://www.imdb.com/title/tt0751825/quotes 

For “floods of 1967” substitute “transfer of files to GOV.UK”.

Business Information

Company Check: free UK company and director information

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Company Check (http://companycheck.co.uk/) and its sister website Company Director Check are two of the more popular services on my business and search workshops. They repackage official information from Companies House and provide much of it free of charge. I first reviewed them in 2011 (http://www.rba.co.uk/wordpress/2011/07/20/company-information-company-check-gives-more-uk-data-for-free/ and http://www.rba.co.uk/wordpress/2011/11/14/free-uk-company-information-company-director-check/) and since then there have been many updates and additions. A recent change is that company and director information have been pulled together on the Company Check website making it easier to flip between companies and directors. Data on companies in Ireland is also now available.

Companies and directors can be searched from the same search box. You then select the appropriate entry from a list of possible matches. The company summary is free of charge and includes a business overview, data on its status and business activities, and a list of trading addresses.

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Also free of charge are the accounts and list of directors but you have to register (free of charge) to view the information. There are options for logging in with your Facebook, Twitter or Google account but if you prefer you can register a user name and password.

Five years of key financials (cash at bank, net worth, total current liabilities and total current assets) are shown as graphs and more detailed information is displayed in the Company Accounts Table.

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The financial statements submitted to Companies House can be downloaded free of charge as PDFs. Other documents lodged at Companies House such as “Change of director’s details” or “Allotment of securities” are listed under the Documents tab and are £2 each.

The Credit Risk information (risk score, credit limit, payment data and key factors) and Charges (mortgages and County Court Judgments) are priced. For a single company the price is £4.99 + VAT, which gives you 30 days unlimited access to all premium credit data on that company for 30 days. If you are likely to be researching more than four companies on a regular basis it is worth upgrading to the All Companies options costing £20 + VAT. This gives you 30 days unlimited access to credit data across every company and director.

Current directors and secretaries for a company are listed free of charge. Previous directors and secretaries are part of the subscription service. The free director profile includes an overview, their registered details and a summary of the companies of which they are or have been a director. This can be more informative as a way of identifying connections between companies and other directors than looking at the company records in isolation. The full director report reports are £8.99 and include credit risk, CCJs, mortgages and charges, and a summary for each current appointment with key information taken from the associated company report.

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For both companies and directors you can set up free alerts and add them to a dashboard. This is an easy way to compare results for companies, with negative and positive changes in key financials shown as red or green arrows pointing up or down.

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Company Check is not the only service providing free access to some of UK Companies House and Ireland company data. DueDil (http://www.duedil.com/) and Bizzy (http://bizzy.co.uk) are two others that are worth looking at. I understand, though, that Company Check  is working on additional services that are due for launch in the next few months. It will be interesting to see what they come up with.

Business Information

Free UK company information

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One of the most frequently asked questions that land in my inbox is “Where can I find information on [insert company name of your choice]”. The enquiry is often about a UK company and comes from ordinary Joe or Josephine Bloggs who knows nothing about sources of business information. Those of you who, like me, have these resources at our fingertips may roll your eyes heavenwards but let’s heave a huge sigh of relief that these people are bothering to ask about checking up on a company. On further investigation, many of my correspondents admit that they have been approached over the phone regarding a “once only opportunity” involving the company concerned and are suspicious of the offer. Unfortunately, I also receive emails from people wanting to find out about a company after they have parted with their money.

The first port of call for official information on UK companies is Companies House (http://www.companieshouse.gov.uk/). Not every form of company or organisation is required to register at Companies House: for example, in the UK I am a sole trader and therefore do not have to register or file accounts. I have noticed an increasing number of comments on the web and social media from small businesses who have decided to de-register because of  the bureaucracy. The absence of a registration at Companies House is not necessarily cause for concern but then most of us do not cold call people with an “exclusive investment opportunity”! An easy way to check if there is a problem with a company of any sort is to search for them on Google and include scam or hoax in your search. That may seem obvious but so many victims who contact me never considered that strategy.

So if you have been approached by the likes of Trotters Independent Traders ltd. plc go to Companies House and use the free Web Check option which is in the centre panel on the home page.

Companies House

You can search for currently or recently dissolved names, dissolved names, previous names or proposed names. Free information includes name, registered number and address, status (for example active, liquidation), nature of business, date of last accounts. Further information and documents such as accounts and certificate of incorporation are priced at GBP 1 each.

Several other services re-package and sell information from Companies House and in some cases provide some of the additional priced Companies House information free of charge.

Company Check (http://www.companycheck.co.uk/) are part of  UK Data (http://ukdata.com/), which re-sells Companies House documents and provides credit reports. The latter include current and historical credit risk information, director details, ownership and group structure, CCJ information and up to five years of accounting figures including turnover and a profit and loss account if filed. All documents cost GBP 18, which is far more than that charged by Companies House but the credit report may be the better option if you need a detailed report and assessment of the company.

The Company Check free information includes name, registered address and number, telephone number, activity, status, thumbnail of the web site and cash at bank for the last five years. There is also a graph showing the number of website visitors from Compete (http://www.compete.com/), but this information may not be available for smaller companies.

Company Check

Another source of free company information is the SME Hub Company Accounts Information (http://www.thesmehub.com/benefit/accounts). This is available to SME members only but registration is free. The company address is not displayed but there is a link that takes you to Companies House where you have to re-enter the company name to access the data. There is also a link to Credit Safe for credit reports (http://www.creditsafe.com/).

SME Hub Company Accounts

There is a very useful graph showing trends for the company in net worth, cash and total liabilities. The most recent accounts plus a downloadable PDF are also free of charge.

I had problems with the SME Hub when looking at companies that had recently gone into liquidation. Company Check gives its standard information plus the status as “Liquidation” but the SME Hub leaves you guessing by presenting you with an empty template.

Company Check and the SME Hub are quick and easy ways to access the free and some of the priced Companies House information. Company Check offers the Companies House free registration data and five years of cash at bank: the SME Hub provides a trends graph of net worth, cash and liabilities plus latest accounts but no basic contact or status information. Both can alert you to potential problems with a company but, ultimately, Companies House is the place to go for the original data.