Just starting out?

Register your limited company for FREE and open a Tide account today.

Get started

KYC at Tide

I’ve been asked for more information about Shareholders or Directors

If we’ve asked you for Dates Of Birth (DOBs) or addresses for yourself and/or your major shareholders*, we weren’t able to complete digital checks with the information we have. 

DOBs often fail because we pull information from Companies House who don’t store the day a director or shareholder was born on, and this isn’t amended during sign-up. 

Addresses generally fail because the address we’ve received isn’t a residential address, or because the resident hasn’t lived at that address for more than three months. 

Here’s what we suggest: 

  1. Make sure that the information on Companies House is up to date. You may need to submit a Confirmation Statement (with updates) to ensure this.
  2. Send us the DOBs – confirm these with your shareholders if you need to.
  3. Send us any addresses we’ve requested – make sure that the address is a UK residential one that has been lived in for more than three months.

If we’re still unable to digitally verify a given address we’ll need to see proof of address.

If we’re still unable to digitally verify a DOB, we’ll need to see a photo of valid ID.

If you or your shareholder have not been at any address for more than 3 months i.e. a foreign national new to the country, we’ll need to see a valid Biometric Residence Permit (for the UK) and proof of a foreign address. 

 

*We see a ‘major shareholders’ as any shareholder currently holding more than 24% shares in the company.