What is the CS01 Form?   

Filing the CS01 form, also known as the Confirmation Statement, is a legal requirement for all companies in the UK. Understanding what the CS01 form is, its purpose and the consequences of failing to file it on time is crucial for maintaining your business’s good standing with Companies House. In this guide, we’ll explain everything you need to know about the CS01 form, including what it’s used for, potential penalties for late filing, and what happens if you fail to submit it.

What is the CS01 Form?

The CS01 form, commonly called the Confirmation Statement is a document that UK companies must file annually with Companies House. The purpose of the CS01 form is to confirm that the information Companies House holds about your company is accurate and up-to-date. This includes details about your company’s registered office address, directors, shareholders, and share capital.

In simpler terms, the CS01 Companies House form is a snapshot of your company’s key information, ensuring that public records are correct. Unlike the Annual Return, which it replaced in 2016, the CS01 is less about providing new information and more about confirming that the existing data is still accurate.

What’s the CS01 Form Used For?

The confirmation statement CS01 is used to verify the details of your company held by Companies House. By submitting this form, you confirm that your company’s key information remains accurate or make any necessary updates if there have been changes during the reporting period.

Here’s what typically needs to be confirmed in the Companies House confirmation statement form:

  • Registered Office Address: This is the official address of your company, where all legal correspondence will be sent.
  • Directors and Company Secretary: The names and addresses of your company’s directors and, if applicable, the company secretary.
  • Shareholders and Shareholdings: Details about your shareholders, their shareholdings, and any changes in ownership.
  • SIC Code: The Standard Industrial Classification code that represents your company’s business activities.

Filing the CS01 is a straightforward but essential task, ensuring that your company complies with UK law.

Late CS01 Form Penalties

Failing to file CS01 on time can lead to significant penalties. While Companies House does not impose fines for late filing of the confirmation statement itself, the repercussions can be serious.

If your confirmation statement Companies House form is late, Companies House may start issuing reminders and warnings. Continued failure to submit the CS01 form could result in your company being struck off the Companies House register. This means your company would cease to exist legally, and any assets owned by the company could be seized by the government.

Additionally, directors could be disqualified if the company is struck off due to failure to comply with filing requirements. To avoid these severe consequences, it’s crucial to ensure that your CS01 form is filed accurately and on time.

What Happens If You Fail to File the CS01 Form?

If you fail to file the CS01 form, the consequences can be severe. Companies House may start the process of striking your company off the register. Once this process begins, your company could be dissolved, meaning it would no longer legally exist. This could have far-reaching implications, especially if your company holds significant assets, has ongoing contracts, or employs staff.

For directors, the failure to submit the confirmation statement CS01 could lead to personal repercussions, including disqualification from serving as a director of any UK company for a specified period. Furthermore, failing to file could also damage your company’s reputation, as potential clients and partners often check the status of a company before doing business.

Filing a Confirmation Statement: A Legal Requirement

It’s important to remember that filing a confirmation statement is not optional—it’s a legal obligation for all UK companies. The CS-01 must be submitted at least once every 12 months, though you can file it more frequently if there are significant changes to report.

Filing the confirmation statement CS01 online is straightforward, and most companies find it manageable without professional help. However, to avoid any errors or omissions, many businesses choose to work with accountants or company secretaries to ensure their confirmation statement is filed correctly and on time.

Key Takeaways

  • The CS01 form is an annual requirement for all UK companies to confirm that their key information held by Companies House is accurate.
  • The Companies House confirmation statement form is used to verify details such as registered office address, directors, shareholders, and SIC code.
  • Late CS01 form submissions can lead to severe consequences, including the potential dissolution of your company and the disqualification of directors.
  • Failing to file the confirmation statement could result in your company being struck off the Companies House register, effectively ending its legal existence.

To keep your company compliant and avoid any penalties, it’s essential to file the CS01 Companies House form on time. If you need help with filing your confirmation statement, contact us. Our team of experts can ensure that all your filings are handled accurately and promptly, giving you peace of mind and allowing you to focus on running your business.

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About the Author: Ahmad Raza
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Ahmad Raza, is a devoted entrepreneur with an unrivalled love for UK taxation, and he amassed a large and diverse clientele over the course of his career. He's not just interested in numbers; He also believe in the value of human connection through his writing's. He had a pleasure of working with a variety of business organizations, and been a trusted advisor to 7-figure sellers in the e-commerce market, with a unique specialty in Tax Consultancy. It gives him enormous delight to translate the complex world of tax calculations into easy, practical insights for clients at Xact+.
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