PR HartleyFCA

Chartered Accountant & Registered Auditor

Companies House PSC Register


Register of Persons with Significant Control

added 3 March 2016

From 6th April 2016, the Small Business, Enterprise & Employment Act 2015 is introducing new rules on identifying and recording who owns and controls UK companies & LLPs. These entities will have to collect and keep information about people with significant control over them (PSCs).

A PSC is anyone who falls into one or more of the following categories:

  • An individual who holds more than 25% of shares in the company.
  • An individual who holds more than 25% of voting rights in the company.
  • An individual who holds the right to appoint or remove the majority of the board of directors of the company.

Companies will need to keep a PSC register from April 2016 and from June 2016 companies will file PSC information with Companies House with annual check and confirm process (which will replace the annual return)

More information on the PSC Register can be found on the gov.uk website.