What is a Person of Significant Control (PSC)?
Companies House require companies to maintain a register of Directors, Shareholders and also Persons of Significant Control.
A Person of Significant Control are people who own or control a company whether directly or indirectly. They are defined as those meeting at least one of the following criteria:
more than 25% of shares in the company
more than 25% of voting rights in the company
the right to appoint or remove the majority of the board of directors
It is also possible for someone who does not meet the above criteria to be a PSC if they influence or control the company by other means.