Why is it that not all reports have financial information?
A business information report may not contain financial information for the following reasons:
No Balance Sheet:
LTD companies in the UK have 10 months from their year end to file accounts. (This is 7 months for a PLC). On certain occasions companies can apply for an extension of 3 months. Companies may also change year end (for example from December 2001 to April 2002). They then have 10 months from the New Year end to file their financials.
The following types of UK Company are not obliged to file any financials.
- A Friendly Society (company registration prefixed 'IP')
- A Charity
- A company registered in the Isle of Man (company registration prefixed 'M')
- A company registered in the Channel Islands (company registration prefixed 'J' or 'G')
- A Non Limited business (sole trader/ proprietorship or partnership)
Foreign Registered Company:
It is Dun & Bradstreet policy not to quote financials for a company registered overseas (company registration prefixed 'FC'). The financials may be available from Companies House Registry.