- Three connected companies have been shut down after providing company secretary and registration services to more than 11,000 UK businesses for overseas clients, predominantly from China
- The companies operated an unregulated business model, failing to register as trust and company service providers, not conducting anti-money laundering checks, and creating a false impression that their clients had a genuine UK business presence
- The Insolvency Service brought the case to protect the integrity of the Companies House register and prevent potential misuse of company structures by businesses with little to no actual presence in the UK
Three companies have been shut down after helping to set up thousands of businesses which had no…