Concise Accountancy

Accountants and Registered Auditors

Confirmation statement

Confirmation Statement for building contractors company

If you are running your building contractors business through a limited company, then you must file your confirmation statement for your building contractors company with Companies House every year.

No confidence in your building contractors company’s stability

If your confirmation statement is overdue, Companies House will change your company status from “active” to “proposal to strike off”. This is public information. You do not want your customers, builders, suppliers, other contractors and your lenders to see the “proposal to strike off” status on Companies House website. It will chip away your their confidence in your business stability.

You can still save your company. Act now. Deliver your confirmation statement swiftly. Companies House will remove the proposal to strike off status upon receiving your confirmation statement.

Your company assets become bona vacantia

If you did not file your confirmation statement for your building contractors company at all, this can lead to your company being struck off the register. Once your company is dissolved, your company’s assets will be Bona Vacantia.

All Bona Vacantia assets of your dissolved company will be passed on The Crown because it does not have a legal owner.

For example, your company’s bank accounts will be frozen. Consequently, the money in your bank accounts will be passed to The Crown. This includes your machinery, properties and so on.

At this point, Companies House will show your company status as “dissolved”.

The good news is you can restore your dissolved company but it will cost you your time and money to restore. For this reason, it is best to avoid this situation.

If you are already a little too late and your company have been dissolved, our accountants can help you to restore your company.

Email reminders to submit your confirmation statement for your building contractors company

Companies House offers to send e-reminders to help companies to comply with the law. However, you must register with Companies House to receive your email reminders when your company confirmation statement and company accounts fall due. If you have an accountant to act for your company, they will usually take care of this for you.

Take note that Companies House is no longer sending out paper reminders to your company’s registered office. Notices have been sent out to companies announcing this change around November 2020.

If you have not yet signed up for e-reminders, click here to sign up for email reminders from Companies House.

When do you need to file your confirmation statement

Normally, you have 14 days to submit your confirmation statement when it falls due. However, during this COVID19 pandemic, you have up to 6 weeks to file your confirmation statement and Companies House encourages companies to file online during this time.

How to file your confirmation statement for your building contractors company

You may submit your confirmation statement for your building contractors company by post or online. You can do it yourself if you are familiar with the UK company law or ask an accountant to help you.

To deliver your confirmation statement by post, you must complete the CS01 form, date and sign it either by your company director or your company secretary. You can download the latest CS01 form from the Companies House website.

Make sure you double and triple check your CS01 form before sending it to Companies House offices to avoid your form being rejected due to incorrect information or incomplete. For example, your company name and company number matched your company’s certificate of incorporation.

Generally, it is easy to submit your confirmation statement online compared to paper filing. The online CS01 form readily captures your company’s existing information registered with Companies House since its incorporation or based on the last confirmation statement they received, all you have to do is to verify the information is still valid and update.

Authentication code

To submit your confirmation statement online, you would require your company’s authentication code. This code is the equivalent of your company’s officers’ signature so keep it safe. If you do not have your authentication code; you can request the code from companies House again.

SIC codes for building contractors Company

Below is the list of SIC codes related to the construction businesses, please select the SIC code that closely represents your building contractors company’s principal business activity. you can specify multiple SIC codes.

For example, your company specialise in building residential homes, your work include building the home, install radiators and plumbing. In this instance, the SIC codes that matches your business activities are:

  • 41202 – Construction of domestic buildings
  • 43220 – Plumbing, heat and air-conditioning installation.

If you are submitting paper Confirmation Statement (CS01) form to Companies House, ensure you use the latest SIC codes, listed in the table below. Do not use the outdated 4 digits SIC codes. Companies House would reject your Confirmation Statement form if you do.

SIC CODEBUSINESS ACTIVITY DESCRIPTION
41100Development of building projects
41201Construction of commercial buildings
41202Construction of domestic buildings
42110Construction of roads and motorways
42120Construction of railways and underground railways
42130Construction of bridges and tunnels
42210Construction of utility projects for fluids
42220Construction of utility projects for electricity and telecommunications
42910Construction of water projects
42990Construction of other civil engineering projects n.e.c.
43110Demolition
43120Site preparation
43130Test drilling and boring
43210Electrical installation
43220Plumbing, heat and air-conditioning installation
43290Other construction installation
43310Plastering
43320Joinery installation
43330Floor and wall covering
43341Painting
43342Glazing
43390Other building completion and finishing
43910Roofing activities
43991Scaffold erection
43999Other specialised construction activities n.e.c.
Source: Companies House

The person with Significant Control (PSC)

You must complete and update the Person with Significant Control section in your confirmation statement for your building contractors company. In short, you must disclose who is the ultimate controlling party of your company.

If you are the PSC then you enter your personal details down as your company’s PSC in your CS01 form. Update your PSC details here include if have moved to a new home then you must update your home address with Companies House. For this reason, you must complete the form PSC04 and submit it to Companies House.

The PSC forms to use as listed below.

  • PSC01 – Notice of individual person with significant control
  • PSC02 – Notice of relevant legal entity (RLE)
  • PSC03 – Notice of other registrable person (ORP)
  • PSC04 – Change of details of individual person with significant control
  • PSC05 – Change of details of relevant legal entity (RLE)
  • PSC06 – Change of details of other registrable person (ORP)
  • PSC07 – Notice of ceasing to be a PSC, RLE or ORP
  • PSC08 – Notification of PSC statements
  • PSC09 – Update to PSC statements

Up to date company information

You must update your company’s information registered with Companies House that no longer valid.

Registered office address

For examples, if you have moved your registered office address from your home address to an address service provider, you would require to complete and submit the form AD01 to Companies House. You can file it online or on paper.

SAIL address

Additionally, you may also require to file the form AD02 if you have changed your address to a service provider but continue to keep your company registers at your home address. The form AD02 is to register your home address as your SAIL address. Generally, you do not require to submit the form AD02 if you are keeping your company registers at your company’s registered office address.

company directors

Correspondingly, if there are changes to your company directors, the correct Companies House forms to use are as follows:

  • AP01 Form to appoint a new director.
  • AP02 Form to appoint a corporate director.
  • CH01 Form to update a director’s personal information.
  • CH02 Form to update details of a corporate director.
  • TM01 Form to remove a director.

Company secretary

On the same note, the appointment of secretary for a private limited company is optional. However, it is compulsory for a Public Limited Company (PLC), for this purpose, the correct forms to use are as follows:

  • AP03 to appoint a company secretary.
  • AP04 to appoint a corporate secretary.
  • CH03 to update a secretary’s personal details.
  • CH04 to update a corporate secretary’s details
  • TM02 to remove a secretary.

Company’s shares information

Concurrently, you must also update your company’s shares information if there are any changes.

  • Statement of capital
  • Shares trading status
  • Shareholder information

Nothing has changed

If your company information remained the same since incorporation or from your last confirmation statement date, in this case, you just need to confirm that your records are up to date and the information hold by Companies House is correct.

Confirmation statement filing fee for your building contractors company

Remember to enclose a cheque for the statutory filing fee together with your printed confirmation statement (CS01) form before posting it to Companies House. Take note that Companies House will reject your confirmation statement form if they do not see your cheque for the statutory fee.

If you file your confirmation statement online, you can pay the statutory fee online after you submitted your form.

Company accounts

Another important document you must deliver to Companies House is your company accounts. There is a late filing penalty for delivering your company accounts late even just by one day.

We offer fixed fee accounts packages for limited companies.

If you require help with your company accounts and confirmation statement filings, feel free to contact our accountants and they will be more than happy to help you.

Do not want to keep your company

You may apply to Companies House to dissolve your company if you no longer want to keep it. The dissolution process will take about two months to complete from the date Companies House accept your application. Our accountants can help you with this application.

You would no longer require to file any documents with Companies House after your company has been dissolved. No more company accounts or confirmation statements.

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