Yes, your Companies House record matters. We lend to UK limited companies and LLPs, so an active, accurate and reasonably up-to-date record makes your application smoother and helps us verify who we are dealing with.
What we check
We confirm that the business is a real, registered Ltd or LLP, that it is active rather than dormant or in the process of being struck off, and that the directors or members named on your application match the record.
- Your company is active, not dissolved or being dissolved.
- Directors or members are current and correct.
- Your registered details are consistent with what you tell us.
Why overdue filings can cause delays
If filings are overdue or the record looks out of date, it can slow your application down while we make sense of the position, or it can count against you. Putting your filings in order before you apply is worth the effort.
Good to know
A tidy Companies House record is not the only thing we look at; recent trading matters too. The loan is to your company or LLP, with no personal guarantees. This is exempt business lending and is not covered by the Financial Ombudsman Service or FSCS. If your record needs updating, do that with Companies House first, then apply.
See also: How long should I keep my statements for audit and Companies House?, Does a dormant or newly active company qualify? and Why a credit search is part of the decision.