Division 98 of the UK SIC 2007 list. It holds 1 code, listed in full below with the number of active UK companies filed under each.
The official title of this division is about households making goods and services for their own use. On the UK register it does something else entirely. Companies House lists 98000 as residents property management. Flat management companies, right-to-manage companies and leaseholder-owned freehold companies all use it. These entities hold obligations. They do not trade. Most are dormant or close to it for accounts purposes. A registration here is really a placeholder that describes how a building is owned.
For lead generation, 98000 is mostly a code to exclude. These companies rarely buy anything, and their directors are volunteer leaseholders. There are exceptions worth knowing. Managing agents, block insurance brokers, accountants offering dormant company filings, and fire safety or maintenance contractors do reach decision makers this way. Each entity maps to a real building that needs services. If you work this code, write about the building rather than the company. Expect the correspondence address to lead to an agent, not the board.
The division's official title is about households, but Companies House presents 98000 as residents property management. It has become the standard code for flat management and right-to-manage companies. Those are usually non-trading entities. They hold a freehold, or manage a block for leaseholders. Like every SIC code, it is self-declared at incorporation or on the confirmation statement (CS01). No approval is involved.
Almost certainly. It is the conventional choice for residents' management and RTM companies, and nothing needs fixing. The code does not change your filing duties. The company must still file a confirmation statement and accounts each year, even when dormant. If it ever starts trading commercially, update the code to something descriptive on the next confirmation statement. Up to 4 codes are allowed.
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