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Incorporated companies in the UK October to December 2016 still rising.

Stephen Baker's picture
Incorporated companies in the UK October to December 2016 still rising.
  • In the United Kingdom between 1 October and 31 December 2016, there were 146,987 company incorporations and 111,133 dissolutions.
  • At the end of the period, there were 3,833,469 companies on the total register, and 3,593,602 companies on the effective register.
  • Both the total and effective registers have continued to increase in size since the beginning of 2012.

Companies House rejections rate is now at 2.5%

Doug Murphy's picture
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FRS 102 company accounts rejection rate is 2.5%, says Companies House

A surge in rejections of company accounts prepared under the new UK GAAP rules, identified by ICAEW, has been refuted by Companies House, which reports that only 2.5% of accounts have been returned, despite hitting the peak reporting period

Leaseholders at Risk due to Triplerose Court Decision

Steve Thompson's picture
The Court of Appeal decision in Triplerose Ltd v Ninety Broomfield Road RTM Co Ltd [2015] it is now law that a RTM company can only manage premises comprising one single building or part of a building.

As a consequence the legal position following Triplerose, with only a few possible exceptions, is that any company managing more than one building or part of a building in the belief that such powers were granted to it by statute is and always has been operating illegally.

This is the view taken by the Land Registry Lawyer who has expressly stated that the ruling applies to all RTM companies including RTM companies that acquired RTM before the Triplerose decision.

According to RTMF Director Dudley Joiner: 

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