Going digital: Companies House stopping paper reminders in efforts to end all paper communication
To save the organisation £1.2 million annually, Companies House will no longer send paper reminders to businesses.
Having started on 9 November 2020, the United Kingdom’s registrar of companies will contact those businesses that usually receive paper reminders to inform them of this change.
In this contact, the organisation will ask companies to use their email reminder service, which will contribute towards their goal of ending all paper communications. This service will send automated alerts to a maximum of four email addresses when the necessary documents are due.
For 20 years, Companies House has been providing online services for businesses. According to its corporate strategy, it hopes to enhance into a “fully digital organisation” by 2025 and eliminate paper services around 2023-2025.
In 2019, 84 per cent of businesses utilised the organisation’s digital filing.
Additionally, in October 2020, Companies House released an Application Programming Interface (API), which aims to enable users to learn about changes more suitably and provides extensive automated access to the knowledge the company receives.
To ensure the data it contains is more substantial, Companies House is making identification verification compulsory for business directors through a short digital process.
Companies House’s Agency Director of Digital, Ross Maude, states their “intention is to make sure 100 per cent of the services that we offer have a digital journey to them; that’s our aspirational goal.”
For more information on keeping up-to-date with your filing obligations for Companies House, please contact your usual Seymour Taylor representative or contact us at firstname.lastname@example.org 01494 552100