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BUSINESS for BUSINESS Internet Marketing | Book & Articles | Articles | Are you ready for your £1000 fine

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Company Directors: are you ready for your £1000 fine?

By Nigel T Packer

If you are a director of a limited company then you should know that the Companies House regulations state that you must display your company registration number and the registered address, on official company documents - including your website and all email.

In our 2012 survey of new websites, we looked at 50 newly published sites (sourced from announcements on Twitter®). This is an activity that we have carried out regularly for over a decade.

This year we included a new criterion for evaluation: a check to see if limited companies had included their company number and registered address on their website. This addition to the Companies Act 2006 to include websites and email came into force on 1st January 2007.

Worryingly, over 60% failed to comply.

So what are the penalties? While Companies House say that: "We do not prosecute every case; our goal is to promote awareness of the legislation and encourage companies to comply." If you are prosecuted you could face fines of up to £1000 and a criminal record.

How can you prevent this happening to you? Get your web designer or website administrator to add your registered address and your company number to the contact page or in your terms and conditions of your website as soon as possible. Don't rely on being the one that gets away with it and avoids prosecution.

As a director it is your responsibility, so act now and update your website.

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