Accountancy firms

Accountancy firms encounter CoSec issues constantly – in new client onboarding, in year-end processes, and whenever a client’s corporate structure changes. Most firms are not set up to handle Companies House filings as a core service, and nor should they be. But the consequences of leaving those obligations unmanaged fall on your clients, and by extension on you.

ProSec works with accountancy firms as a trusted referral partner – taking on the CoSec obligations that sit outside the core offering, so clients are properly looked after without the work landing on internal teams. We handle company incorporations, confirmation statements, register maintenance, IDV processing and the full range of Companies House filings, on fixed fees that are straightforward to communicate to clients. When a client’s situation is more complex – historical errors to correct, a cap table to rebuild, a restructuring to complete – our in-house legal expertise means we can handle it without referring elsewhere.

In practice

Many of the referrals we receive from accountancy firms are for ProSec to verify their client’s identity and obtain their IDV code. As a regulated ACSP, it makes sense for accountancy firms who aren’t to partner with ProSec so they can outsource this necessary step in filing the annual Confirmation statement.

If you are an accountancy firm looking for a regulated ACSP who can process your clients’ IDV verification, we would be happy to talk.

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