A charge is a legal claim over company assets, like machinery or property. When a charge is registered, it creates a public document that tells creditors, potential investors, and interested parties of the financial obligations of the business. This ensures that interested parties are aware of the company’s financial commitments, so they can make informed decisions before dealing with it.
Registering a charge with Companies House is an important step in securing your company’s assets and notifying other creditors. However, failing to register a charge on time can have serious consequences, like losing the right to enforce the charge or facing financial penalties.
We have the skills and experience in-house to assist company directors who have missed the deadline for registering their charges. We’ll liaise with Companies House on your behalf to ensure that they are aware of your situation and do not impose financial penalties.
Our expert team will:
- Write rectification statements- We will seek to resolve the situation by providing rectification statements to Companies House
- File an application for late registration- If your rectification statement is rejected, then we will apply for late registration instead
- Liaise with Companies House- We will ensure that they are aware of your late application and the reasons for it
The Next Step
If you need assistance submitting a charge, or if you’re in a situation where you are late in submitting one, then we are here to help. We will help you to rectify the situation and get your accounts back on track.
Contact the Professional Negligence Team
Please contact Chris Thomson at chris.thomson@isonharrison.co.uk or Jonathan Robson at jonathan.robson@isonharrison.co.uk
