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Companies House systems upgrade

10 October 2009 No Comment

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The 1 Oct 2009 changes

The Companies Act 2006 led to a number of changes in company law, some of which were implemented on 1 October  2008, and some of which came into force on 1 Oct 2009.

The latest changes meant that Companies House had to upgrade their computer software and accountants were warned in advance. We knew that the electronic services would be unavailable from Thursday 1 to Sunday 4 October 2009 inclusive. We then expected them to be working normally on Monday 5 October 2009. They didn’t, as this set of comments on Accounting Web will tell you . . .

Accounting Web Comments

As we write this on Saturday 10 Oct 2009, Companies House still has an enormous backlog of work. Typically, at Proactive, we pick up instructions from a new client about once a week to have a new company incorporated.

That happened on Friday 2 Oct 2009 and (as usual) we telephoned our solicitors with whom we have been working for over 10 years. They take the instructions over the phone, and have a direct link to Companies House. On a normal day, any new “incorporation” submitted electronically before 3.00pm will be processed the same day. On account of the upgrade, we were advised on Friday 2 Oct that the incorporation would probably take place on Monday 5 October. As of Friday 9 October that new company has still not yet been formed.

The new client needs to follow all the correct protocols before signing a new contract with a customer, we need to keep abreast of the needs of all clients, both old and new, and the botched upgrade at Companies House has been an unwelcome distraction this week. We actually have a number of clients in the field of IT and our contact at Companies House told us this week that it has been a case of “one step forward, two steps back”. They are working at Companies House this weekend to overcome bugs, and we are also working this weekend at Proactive to overcome the backlog caused by three external distractions (see the three blog posts dated 10 Oct 2009) which have occurred concurrently.

Thank you for your patience!

Posted on 10 Oct 2009 by The Proactive Accountant Dot Com