Your SIC code \u2014 Standard Industrial Classification code \u2014 is used to define your company\u2019s economic activity. Consisting of five numbers, a SIC code helps to identify what exactly it is your company sells and provides to consumers.<\/p>\n\n\n\n
You will need to locate your SIC code if you want to register a business or change your services.<\/p>\n\n\n\n
When you register with Companies House, you must select a SIC code for your business. This is a requirement of UK incorporation for data management purposes. Companies House and other official UK governing offices use SIC codes as methods of tracking economic and business progression, emerging markets, struggling industries and more.<\/p>\n\n\n\n
If you do not use a recognised SIC code in your registration, your application will be rejected.<\/p>\n\n\n\n
Mismatched SIC codes \u2014 for example, using an agricultural SIC code for a healthcare business \u2014 will likely mean your company is flagged for “inconsistencies” <\/a>by Companies House. If you fail to resolve any inconsistencies, you are committing a legal offence, which means you and all officers of the business are liable for legal action, including fines and penalties. Your business will also be publicly marked, so others can see you\u2019ve not been conforming to government regulations.<\/p>\n\n\n\n SIC codes are also available for public record. This means they can affect your ability to acquire certain financial support or access certain services, like insurance policies. Service providers can use your SIC code as a way of evaluating your business. So choose the wrong SIC code and you can harm your ability to get insurance or financial investments.<\/p>\n\n\n\n f you believe you have found the wrong SIC code, and need to change it, you can update Companies House and inform them of the change. There will be no penalty or action taken against you for changing your SIC code.<\/p>\n\n\n\nCan I Change My SIC Code If I Found the Wrong One?<\/strong><\/h2>\n\n\n\n
How to Search Your Company\u2019s SIC Code<\/strong><\/h2>\n\n\n\n