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The Latest Breaking News from Companies House

£2.2bn Tax Dodge Scandal: Major Exposé Links Migrant Labour to UK Shop Crime Web

BBC uncovers £2.2bn ($3.38bn) tax dodge via migrant labour in UK mini-marts: ghost directors, hidden stashes, underage sales. Home Office vows crackdown amid high street chaos

International Business Times UK

Scott O'Neil Claims LIV Golf Has Added 'Half A Billion' In Sponsorship Within Past Year

The LIV Golf League CEO shared the information days after Companies House accounts showed LIV Golf's UK arm lost more than $461 million in 2024

Golf Monthly

Charlotte Church holding 'witchcraft' sessions at her Welsh retreat amid £800,000 debt

Church, 39, describes herself as a ‘spiritual guide’ in the £3,000 four-night retreat

Evening Standard

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Family firm of Reform UK council leader threatened with compulsory strike off

Mansfield Carpets (Contracts) Limited faced Companies House action over four consecutive years of delayed filings

The Guardian - UK

LIV Golf's UK Company Surpasses $1.1 Billion In Total Losses As Saudi PIF Commits To Clearing Debts

Accounts filed to the United Kingdom's Companies House earlier this month evidence LIV Golf's UK arm lost more than $461 million in 2024 alone

Golf Monthly

Peter Mandelson’s advisory firm revokes his voting rights and ends dividend payments

Global Counsel co-founder was sacked as US ambassador amid email revelations about extent of relationship with Jeffrey Epstein

The Guardian - UK

Reform UK receives £100,000 donation from design firm that faced winding-up petition

Exclusive: Interior Architecture Landscape, which faced closure by HMRC early this year, made donation in June

The Guardian - UK

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UK court freezes £150m of assets of collapsed Prax Lindsey oil refinery owner

Newly published filings reveal granting of request by companies suing Sanjeev Kumar for breach of duties

The Guardian - UK

UK chasing £90m in taxes from temp staffing firm rescued from insolvency

The £18m deal to acquire Challenge Recruitment Group assets from administration repaid private funders in full

The Guardian - UK

OnlyFans Owner Leonid Radvinsky Cashes $701 Million Dividend As $7 Billion Sale Talks Heat Up

Ukrainian-American entrepreneur Leonid Radvinsky extracted a record $701 million dividend from OnlyFans ahead of active sale negotiations that could value the content subscription platform at $7 billion, according to regulatory filings submitted to Companies House on Friday.

Benzinga

Horner officially removed as Red Bull F1 director after shock sacking

Ousted Red Bull F1 boss Christian Horner has now officially been removed from his position as director

Autosport

Christian Horner officially removed as Red Bull F1 director

Christan Horner has officially left his role as director of Red Bull's various UK entities, one month after his shock sacking.

Motorsport

South London companies with faked accounts claiming £1.6bn turnover shut down by High Court

Five companies were wound up after their accounts were declared as false

Evening Standard

‘We got upset, then we got angry’: the couple who took on one of the UK’s biggest cold-call scams

When clients started getting random calls about making personal injury claims, Jan and Michael Reed set out to discover who was stealing data from their family-run garage

The Guardian - UK

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The Guardian - UK

Ex-Reform UK MP’s business affairs referred to fraud body

Public Sector Fraud Authority to look into loans taken out by James McMurdock during pandemic

The Guardian - UK

James McMurdock will not seek Reform UK return after Covid loan questions

MP for South Basildon and East Thurrock says he will remain an independent after surrendering whip last week

The Guardian - UK

Smaller firms to escape ‘burdensome’ Companies House filing rules

Exemption for businesses with turnover under £10.2m allowing simpler accounts to be submitted will be retained

The Guardian - UK

Owners of collapsed oil refinery Prax Lindsey took £11.5m in pay and dividends

Details of payouts to Winston Soosaipillai and wife Arani emerge as calls grow for couple to financially support 625-strong workforce

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Motor1

Longtime Ferrari Boss Might Be Working for McLaren

Luca Cordero di Montezemolo is one of the most important people in Ferrari's history. He first worked for the Formula 1 team in the 1970s and joined the company again in 1991, becoming Enzo Ferrari's successor. In his tenure, which lasted until 2014, Montezemolo oversaw a transformation in Ferrari's road-car…

The Guardian - UK

River Island plans to close 33 stores, putting hundreds of jobs at risk

Family-owned company blames ‘migration of shoppers’ to online and higher costs as it tries to stem heavy losses

The Guardian - UK

‘Earn up to £800 a day’: job scammers using calls or texts to lure victims

Fraudsters offer great pay for liking and sharing TikTok content – but then demand a fee to unlock higher earnings

Evening Standard

P&O Ferries’ auditor quits after years of late financial accounts

KPMG had been P&O Ferries’ auditor since 2007 but resigned recently, according to accounts filed with Companies House.

The Guardian - UK

X’s UK profits collapsed the year after Elon Musk’s takeover

Social media platform formerly known as Twitter says 66.3% revenue drop was down to fall in advertising income

The Guardian - UK

Companies House collects just £1,250 in fines in corruption crackdown

Just 2% of total penalties paid, raising concerns about agency given new powers to fight economic crime

The Guardian - UK

Buy-to-let firms become biggest single type of business in UK, data shows

Four times more buy-to-let firms than fast-food shops now registered at Companies House as landlords switch set-up to cut tax payments

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