The confirmation statement explained

The confirmation statement explained

The confirmation statement is a filing requirement that was introduced on 30th June 2016. It replaced the annual return (Companies House form AR01) to make it simpler but serves exactly same purpose in simplified format as well! Almost all companies and limited liability partnerships registered with UK government entities such as Companies House must deliver … Read more

About Directors and Secretaries

About Directors and Secretaries

Directors Company Officers Officers of the Company The officers are appointed by members to run and manage day-to-day operations. They can be optional for private companies, but not public ones because there’s legal work that needs assistance from them in addition with directors’ tasks like signing documents or meeting minutes on behalf of shareholders who … Read more

About Companies Limited by Shares

About Companies Limited by Shares

What you should know… The majority of private companies in the UK are limited by shares. This means they have an independent legal entity which allows them to protect their personal finances should anything happen with business debts or other issues related directly back towards running day-to-day operations Benefits of companies limited by shares Limited … Read more

10 duties of a company director

10 duties of a company director

Company directors are in charge of overseeing the activities and performance for their limited company. There is a lot they need to do, so here’s 10 important duties that every director should know: -Appointing new members or managers with different skillsets (boardroom decisions) -Accepting briefs from board members when asked by other parties such as … Read more

Does company name need to include Limited

Does company name need to include Limited

The word “limited” is required to be included in company names unless they qualify for exemption. While it’s common practice that all private companies include the letters ‘Ltd’ at the end of their registered name, this isn’t an enforceable rule and there are many different ways you can legally incorporate your business as long as … Read more

Are directors employees of a company?

Are directors employees of a company?

Company directors are often called “office holders” – and not employees. They’re usually in charge of making sure that everything runs smoothly for the company, but there’s more than one type of status a person can have as their job description changes from case to case! In short: Unless it says otherwise on your business … Read more

Information Required to Set Up a Company

Information Required to Set Up a Company

You will require the following details at hand 1. Registered Office The company’s official address is its registered office, which must be a physical location in the country where it was incorporated. You cannot use any PO Box numbers for this purpose or otherwise claim exempt status from section 11(1) of The Trading Funds Act … Read more