The five conditions
Someone is a PSC of a company if they meet any one of these:
- Holds more than 25% of the shares
- Holds more than 25% of the voting rights
- Holds the right to appoint or remove a majority of the directors
- Otherwise has the right to exercise, or actually exercises, significant influence or control
- Exercises significant influence or control over a trust or firm that itself meets one of the first four conditions
For the typical owner-managed company it’s condition 1 or 2 — the owner holds most or all of the shares. But an investor with a shareholders’ agreement, or a silent backer who really calls the shots, can be a PSC under conditions 3–4 even without the shares.
What has to be recorded
- The company keeps its own PSC register (it can elect to keep it centrally at Companies House)
- PSC details go on the public Companies House record
- Public details: name, month and year of birth, nationality, country of residence, and the nature of control (e.g. “ownership of 75%+ of shares”)
- Protected details: full date of birth and residential address are not shown publicly
PSCs and your confirmation statement
PSC information is confirmed every year on the confirmation statement, and any change during the year (a new shareholder crossing 25%, a share transfer) must be updated at Companies House — usually within 14 days of the change and a further 14 to update the central register. Getting PSCs wrong is one of the more common compliance slips we correct.
When nobody obvious is in control
If a company has no PSC, or control rests with a corporate entity rather than a person, you can’t just leave the register blank — Companies House requires a specific official wording for each scenario (no PSC, still identifying, details not yet confirmed, and so on). Choosing the right statement matters; the register must never be silent.
Not sure who your PSCs are?
Share structures with multiple owners, family shares or investors can make the PSC position less obvious than it looks. We check and file it correctly as part of confirmation statement work. Call 0114 327 1480.