Glossary

Company Statuses

The Company Status on the Companies House Register provides information on the viability or current trading position of a company.

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HMRC Commodity Codes

HMRC Commodity codes are a nomenclature used to categorise the goods being Imported and Exported from the UK. You can downlaodn the full list.

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Disqualified Directors

Disqualified directors and their legal resposibilities. Anyone can report a company director’s conduct as being ‘unfit’ which may lead to disqualification.

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Standard Industrial Classification (SIC) Codes

Companies House use a condensed version of Standard Industrial Classification SIC Codes as made available by Office of National Statistics.

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Types of Crime and Reported Categories

The Types of Crime (offences) captured by Police forces are grouped into higher categories by The Home Office ready for publication on the UK Crime Map.

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Definition of a partnership for accounting purposes

Definition of a partnership for accounting purposes. A qualifying partnership for accounting purposes comes down to several important criteria.

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Definition of a Micro-Entity for Accounting Purposes

Definition of a Micro-Entity for accounting purposes. Micro entiities disclose less information than Small, Medium and Large companies when filing.

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Definition of a medium sized company for accounting purposes

The definition of a medium sized company is based on two of three conditions being met. These are set by the Companies House Act of 2006.

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Index of Multiple deprivation Northern Ireland

The Northern Ireland Index of Multiple deprivation is an overall relative measure of deprivation constructed by combining seven domains of deprivation

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Index of Multiple deprivation Wales

Index of Multiple deprivation Wales is an overall relative measure of deprivation constructed by combining seven domains of deprivation.

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Index of Multiple deprivation Scotland

Index of Multiple deprivation Scotland is an overall relative measure of deprivation indices constructed by combining seven domains of deprivation

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Definition of a small company for accounting purposes

Definition of a small company for accounting purposes. Small companies disclose less information than medium and large companies for accounting purposes.

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Rural and Urban Postcode Classifications Explained

Rural and Urban Postcode Classifications assign all areas in the UK to one of six rural, or four urban, settlement or context types.

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Index of Multiple deprivation England

Index of Multiple deprivation England is an overall relative measure of deprivation indices constructed by combining seven domains of deprivation.

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Open Tender and Contract Release Tags

Open Tender and contract release tags indicate the stage a tender or contract process is at. These are used by the buyer to indicate the current status.

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Company Number Prefixes Defined

Company Number Prefixes are assigned to non-standard companies to make them easier to identify. These are assigned when registering with Companies House.

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Middle Super Output Areas (MSOAs)

Middle Super Output Areas (MSOAs) were originally created for Census data, specifically for the output of census estimates.

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Output Area (OAs)

Output Area (OAs) were originally created for Census data, these are heavily used in the Public sector for other data releases.

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Lower Super Output Area (LSOA)

Lower Super Output Area (LSOA) were originally created for Census data, specifically for the output of census estimates. The LSOA is the second lowest.

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Decile

In descriptive statistics, a decile is any of the nine values that divide the sorted data into ten equal parts, so that each part represents 1/10 of the sample or population.

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Reported Crime and Categories

Reported Crime categories are defined at a national level, the actual crimes are reported locally as grouped as per the Home Office calssification.

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Geographic Areas Census Geography and Postcodes

Geographic Areas Census Geography and Postcodes enable the capture of statistics and data grouping. Census Geography is also used for data modelling.

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Definition of a Household

What's the definition of a household? A household is defined as a person living alone, or a group of people living at the same address who share facilities.

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NS-SEC Group Occupations and Underlying Roles

NS-SEC - Group Occupations and Underlying Roles have been standardised using The National Statistics European Socio‑economic Classification (NS-SEC).

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Company Administration and the role of Administrators

Company administration is when an administrator puts a company 'In Administration', Administrators are appointed for the benefit of the creditors.

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Definition of an Overseas Company and Registration requirements

What is the Definition of an Overseas Company for legal and accounting purposes. When do oversea companies need to register in the UK?

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Sanction Checks in the UK

Sanction checks and embargoes are political trade restrictions put in place against target countries, organisations and individuals.

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Compulsory Liquidation of a Company and the role of Receivers

Compulsory liquidation of a company is when a company is ordered by a court to be wound up. This will result in the company having a receiver appointed.

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Company Voluntary Liquidation and the role of Liquidators

There are two kinds of Company voluntary liquidation MVL and CVL these dependant on the solvency of the company based on the directors position.

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Corporate Voluntary Arrangements and Insolvency proceedings

Corporate Voluntary Arrangements (CVAs) and insolvency proceedings are formal measures taken to deal with company debt. CVAs are increasingly being used.

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Corporate Voluntary Arrangement or CVA and the role of the Supervisor

A corporate voluntary arrangement is when a company makes an agreement with its creditors by proposing a 'composition in satisfaction of its debt'.

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Definition of a Struck Off Company and the underlying process

Put simply a struck off company is a closed company which is no longer listed on the active register of companies held by Companies House.

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Company Charge and Mortgage

Company charge is the security a company gives for a loan. This could take the form of physical assets, property or Intellectual assets.

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Definition of a dormant company for accounting purposes

Definition of a dormant company for accounting purposes. How to determine if a company can be classified as a dormant for accounting purposes.

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Company Size Definitions and Exclusions

Company size definitions are used by Companies House to determine what information a company needs to file (e.g. abbreviated or full accounts).

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Commercial Property Categories

In England and Wales, the Valuation Office Agency (VoA) is responsible for the valuation of Non-Domestic premises (NDR) and Commercial Property.

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Geodemographic Classification for Output Areas (OAC)

Geodemographic Classification gives you the ability to identify groups, subgroup, qualifications.at a Small Output Area Leve.

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Common Procurement Vocabulary (CPV)

The Common Procurement Vocabulary (CPV) is an EU initiative designed to establish a single classification system for public procurement by encouraging contracting authorities and entities to describe the subject of procurement contracts in a standardised way.

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Local Authority Functions and Services Schema

The Local Government Association (LGA) have released a functions and services schema making it easier to categorise Local Authority services.

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People of Significant Control Register

As part of the Small Business, Enterprise and Employment Act 2015. Companies need to reveal People of Significant Control (PSC) from 1st April 2016.

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