 |
 |
|
|
The company need not inform Companies House that a charge has been fully or partly satisfied. However, it is obviously in the company's own interests that potential investors and lenders know that all or part of the debt has been paid off. A director or secretary of the company may therefore make a statutory declaration on Form 403a before a Commissioner for Oaths or equivalent, and send it to Companies House.
To activate a completed form go to Edit | Mortgages and Charges, highlight relevant mortgage/charge, click Edit.
Enter a date for the satisfaction of the mortgage or charge. Having saved this information the option of a full or part satisfaction is given, together with a selection for the person signing the form.
Be sure to say yes when asked to log the particulars of this event.
To display a form with basic details go to Reports | Forms with Basic Details | Form 403a - Declaration of satisfaction in full or in part of mortgage or charge. The form will open in Word showing the basic details which are the company name, the registered number and the Companies House contact details.
To display a blank form go to Reports | Blank Forms | Form 403a - Declaration of satisfaction in full or in part of mortgage or charge. This will open the completely blank form into Word.
Click on any area of the form for additional information: