What is PSC (Persons with Significant Control)?

The PSC register is maintained by Companies House to record individuals who have significant control over a company. This includes directors, shareholders, secretaries, or other beneficiaries. It is a legal requirement to update this information once a company becomes active.

When you purchase and transfer a ready-made company, we notify Companies House of the new PSC. However, this process does not include the transfer of shares, which must be completed separately by filing a Confirmation Statement. To facilitate this, we provide an industry-standard Share Transfer Form—a legally binding document—for your records and filing

You can file the Confirmation Statement (CS) yourself immediately (Companies House fee: £34), provided you are AMLR compliant. Alternatively, you can wait until the company's anniversary (DATE STATEMENT DUE). However, delaying the filing may impact your ability to open a business account.

To avoid potential issues, we recommend filing the CS as soon as possible. If you prefer, we can handle the filing for you. Our fee is £44, which includes the £34 government fee. A payment link will be provided following the transfer

The Money Laundering Regulations came into force on 1st March 2008, imposing stricter obligations on us—as well as on any individual, firm, or company providing services related to the formation, operation, or management of a company or trust.

The practical effects of these regulations are as follows:

1. Purchase of a Readymade Company
2. Provision of Registered Office or Director Service Address
3. Provision of any nominee officer or shareholder or PSC service
4. Purchase of new registration

Proof of Address – Utility bill, bank statement etc., (Must be recent maximum 3 months old)
Picture ID – Passport, Drivers licence etc. (Must have at least 6 months to run)
Selfie - Take a selfie whilst holding something showing the date of presentation (can be a piece of paper with date hand written).

We cannot complete the company transfer, forward any mail or documents onto the new owners until the requested ID documents are received.