Every day companies are created in the UK for fraudulent purposes. Our analysis shows a significant increase in the use of the names and addresses of innocent people to incorporate them.
You could be named as a director or a person with significant control (PSC) of a business, or a business could be registered at your address, without your knowledge.
The reasons fraudsters do this are varied – to commit invoice fraud, to take out overdrafts and loans in your name or to use your address to validate their business dealings.
Please check our blog for news coverage and case studies of examples.
If you subscribe to Risk Alert 247 we will monitor every single company registration for use of your name and your address as the registered office of a company and alert you within minutes of it happening.
Our monitoring includes company details, secretary and director details and even PSC details – for which there is no way to check on the Companies House website apart from clicking on every one of the 6 million+ company pages.
Upon subscription we will run a historical check and let you know if your name and date of birth or your address have already been used.
If your details have been used, we will include instructions on how to go about removing the relevant details.
Of course, there may be occasions when your name and date of birth coincide with those being used legitimately and, while we will try to minimise false alerts, we cannot eliminate them. Our attitude is better safe than sorry.