All you need to know
Standard Secretarial Governance
In the UK, corporate administration is governed strictly by the Companies Act 2006 and monitored by Companies House. Meeting filing obligations such as submitting annual accounts and confirmation statements (CS01) characterizes a mastered Secretarial Governance
There exist a statistically proven, negative correlation between mastered secretarial governance (high compliance and filing timeliness) and the probability of a company going into insolvency in the future.
See : “Overview Of The Failure To File Accounts At Companies House” at : https://www.oliverelliot.co.uk/insolvency-guides-and-information/failure-to-file-accounts-at-companies-house-on-time/