Companies House overwhelmed by online filings
New security measures put in place at official UK government register
Following fake administration orders filed against four listed companies,
Companies House has been forced
to introduce new security measures.
According to the Credit Control
Journal, the official UK government register confirming its systems
cannot not handle online filing of administrations.
The Journal reported that fake administration orders were filed
against four listed companies, with one of the companies caught in the scam
suggesting that the filings may be a test prior to a more widespread campaign
against more high profile victims.
Filings can cause major expense to a business, as a court order is required
to remove a filing from the public record.