You would require to specify at least one SIC code when completing your confirmation statement for Companies House. This article focuses on Section B of the SIC codes for mining and quarrying businesses. SIC stands for Standard Industrial Classification. The SIC codes are divided into sections in alphabetical order, ranging from Section A to Section U.
The Office for National Statistics refers to these SIC codes as the UK SIC 2007 codes and use them to produce statistics.
Section B: SIC codes for Mining and Quarrying
|05101||Deep coal mines|
|05102||Open cast coal working|
|05200||Mining of lignite|
|06100||Extraction of crude petroleum|
|06200||Extraction of natural gas|
|07100||Mining of iron ores|
|07210||Mining of uranium and thorium ores|
|07290||Mining of other non-ferrous metal ores|
|08110||Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate|
|08120||Operation of gravel and sand pits; mining of clays and kaolin|
|08910||Mining of chemical and fertilizer minerals|
|08920||Extraction of peat|
|08930||Extraction of salt|
|08990||Other mining and quarrying n.e.c.|
|09100||Support activities for petroleum and natural gas mining|
|09900||Support activities for other mining and quarrying|
Choose the correct SIC codes for your business
You are required to specify at least one SIC code that closely represents your business activity when you complete your confirmation statement for Companies House.
For example, if you are in the business of extracting salt from the sea and you are using a limited company for this business activity you would require to submit a confirmation statement to Companies House at least once every 12 months.
You can submit your confirmation statement online or by post. When completing your confirmation statement form, under the Standard Industrial Classification code, you would specify your SIC code is:
- 08930 Extraction of salt
SIC codes for other businesses not related to mining and quarrying
Click here for a list of SIC codes for other business activities not listed above.
Disclose your business activity in your company accounts
You are also required to disclose your business activities in your company accounts. Usually, the disclosure is in the format of a description rather than using the SIC code.
For example, you would write in your director’s report under Principal activities heading something like this.
“The principal activity of the company is that of extracting salt from the sea. There has been no change in the business activity during the year or since the balance sheet date. The director is of the view that the company is well-positioned for the future.”
The director’s report is part of your company accounts.
If you require help with your company’s filings with Companies House or HM Revenue and Customs, feel free to contact our accountants. They will be more than happy to assist you.