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