Our corporate health check service is tailored for businesses that want to ensure that their corporate affairs are in good standing. Once engaged, our team conducts a thorough review encompassing statutory registers, Companies House records and legal papers. The resulting report highlights potential problems and deficiencies. Where needed, a detailed remediation plan is also provided. It is the first step to mitigate the risk of non-compliance and the associated risk of fines, prosecution and other enforcement action.
The most common reasons why companies want to ensure that they are in good standing are:
Companies that are seeking to make acquisitions and groups with multiple UK entities also benefit from this service.
Our team will undertake a health check to evaluate the status of a company’s compliance. It includes a comprehensive review of the following:
We will prepare a detailed report setting out any problems or deficiencies that are identified as part of the health check. Our report will include a risk assessment to distinguish between material and non-material issues. Where needed, we will also provide a detailed remediation plan that provides practical steps to resolve any issues.
Buzzacott’s corporate health check service validates corporate data and the compliance status of a company. It identifies areas where the directors are in breach of the Companies Act and is therefore the first step to mitigate the risk of non-compliance and the associated risk of fines, prosecution and other enforcement action. It identifies any errors in the public data at Companies House and determines ways in which they can be rectified before they are noticed by banks, clients, suppliers and competitors. It can help avoid deals falling through because of inconsistencies between a company’s historic legal papers, its statutory registers and the information at Companies House.
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