From April 2016, the vast majority of UK limited companies have been required to create and maintain a register of people with significant control. Commonly known as the PSC register, this includes details of who ultimately controls or exercises significant influence upon the company.

Companies House update 26th June 2017

Who is a person with significant control?

What is a Relevant Legal Entity?

To see whether the PSC requirements apply to your company we have prepared a guide: Does the PSC legislation apply to my company?

If the PSC legislation does apply then:

1. Identify who meets one or more of a number of specific control conditions. If there are no PSCs (which is quite possible) then the fact that there are none needs to be recorded as a statement. How do I add a General Statement?

2. Anyone identified in step 1 above should confirm that they meet one or more of the control conditions and that all the relevant information that needs to be included in the PSC register is correct.

3. Create the Register of People with Significant Control and input the details received from PSCs (and, in various circumstances, certain other specified information)

Note: The information regarding PSCs must be kept up to date. This means that when there is a new PSC or someone ceases to meet any of the control conditions, the PSC Register will need to be updated, and you have 14 days to inform Companies House. How long do I have to file PSC changes?

Which PSC details are kept private?
The usual residential address of a PSC is not shown on the public register. Only the month and year of birth are shown; the day is kept private. Other details (name, service address, nature of control, etc.) are public.