The UK is Closing Companies En Masse

The UK is Closing Companies En Masse

The UK has launched and continues a large-scale anti-corruption campaign: more than 11,500 companies have already been removed from the Companies House register since the beginning of 2024. The reason — violation of legal address requirements.

This campaign has focused on “high-risk addresses” — locations where thousands of companies were registered without having a genuine business presence. In one striking example, a single London address was home to between 4,000 and 5,000 companies, many of which either operated from entirely different locations or did not exist beyond paper records.

As a result:
— 3 Trust and Corporate Service Providers (TCSP) will be shut down
— 27 have received enforcement notices
— key individuals have been banned from registering new companies
— cases have been referred to fraud investigation authorities

💷 According to UK authorities, more than £100 billion is laundered annually through corporate structures in the country.

To combat this, the UK has introduced sweeping reforms under the Economic Crime and Corporate Transparency Act 2023. These reforms give Companies House new powers to reject suspicious company registrations, mandate identity verification for all directors and Persons with Significant Control (PSC), and create a new regime for authorised corporate service providers. From 18 November 2025, identity checks will become mandatory for all new and existing directors and PSCs, with existing individuals given one year to comply. Failure to do so could lead to removal from the register and legal consequences.

💼 FINANCEIQ HUB LTD — guiding you through the new UK corporate landscape

In this new regulatory environment, FINANCEIQ HUB LTD is your trusted partner for establishing and maintaining compliant UK companies. We provide:

• Company incorporation in full accordance with the latest laws and identity verification rules.
• Annual report filing and submission of the confirmation statement.
• Preparation of a complete, compliant corporate document package ready for any inspection.
• Full support with business bank account openings in the UK and internationally.

With our expertise, your company will meet all regulatory requirements while maintaining a strong, trustworthy reputation — giving you the confidence to operate successfully in the UK market and beyond.

Don’t waste time and contact us right now.