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Can a Confirmation Statement Overdue Affect My Business Loans?

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Yes, an overdue confirmation statement can negatively affect your chances of securing business loans. Lenders routinely check a company's filing history with Companies House as part of their due diligence process. An overdue CS01 (confirmation statement) suggests poor administrative practices or potential instability, which can raise red flags about the company’s reliability. This may... https://xactaccountants.co.uk/confirmation-statement-filling/

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