A new report released has revealed that significant strides are being made to improve the accuracy of the Companies House register and disrupt economic crime.
The report is the latest part of the implementation of the Economic Crime and Corporate Transparency Act 2023 (ECCT Act), which brings about the most significant reforms to UK company law in almost two centuries.
The report reveals that since its introduction in November 2025, nearly 4 million individuals have verified their identities and linked their appointments, helping protect businesses and the public from fraud. Since March 2024, 151,000 company addresses have been removed from the register, protecting innocent people from identity hijacking whilst acollaboration with law enforcement partners has seen millions in suspected criminal proceeds seized.
Andy King, Chief Executive of Companies House, said “This report is another powerful indicator of the progress we are making, and are continuing to make, as we transform from a passive register to a trusted guardian of critical data.
“Knowing that the reforms are having a positive impact by protecting people and businesses from harm and helping to tackle criminal misuse of the register is hugely encouraging.
“While there is more to do, these reforms are already making a tangible contribution to promoting economic growth by building a register is trusted, transparent and supports a healthy, accountable business environment.”
Duncan Beach, Chief Executive at the Insolvency Service, said ‘Improving the integrity of the Companies House register is central to our enforcement strategy, and the progress set out in this report directly supports our ambition to be recognised as the UK’s leading authority in enforcing corporate and insolvency standards.
“A more accurate register strengthens our ability to identify those who abuse the corporate landscape and take robust action against criminals who defraud businesses and taxpayers.
“The Economic Crime and Corporate Transparency Act has given us more than 100 offences to work with, and by deepening our partnership with Companies House, we are ensuring that those who seek to exploit the system face real and meaningful consequences.”