Filing & Finance

How to update shareholder information at Companies House

Companies House displays the names and shareholdings of all company owners on public record. The first shareholders, who are also referred to as ‘subscribers’, must also provide a service/contact address. However, any shareholders who join a company after incorporation do not have to provide address details. Update shareholder information with an annual return If any…

Read Article
Company Formation

Sensitive words and expressions in company names

Limited company names are subject to certain restrictions and requirements under the Companies Act 2006 and the Company and Business Names (Miscellaneous Provisions) Regulations 2009. The secondary legislation that specifically governs the use of sensitive words and expressions is the Company, Limited Liability Partnerships and Business Names (Sensitive Words and Expressions) Regulations 2014. These statutory regulations…

Read Article
Company Formation

Service address and registered office address – what’s the difference?

This aspect of limited company formation confuses a lot of people, so you’re not alone in wondering what the difference is between a service address and a registered office. These two addresses are completely different with unique purposes and requirements. A service address is required by all company directors, subscribers, company secretaries, LLP members and PSCs…

Read Article
About Companies

What company records and registers do I have to keep?

Limited companies are legally required to keep and maintain a number of statutory registers and accounting records. It is the responsibility of the director (or company secretary, if one is appointed) to make sure these registers and records are accurate, up-to-date and made available for public inspection at the company’s registered office address or Single Alternate…

Read Article
Company Formation

What are the memorandum and articles of association?

The memorandum and articles of association are two constitutional documents that all limited companies are required to have when they incorporate at Companies House. The memorandum states the names of each subscriber (the very first shareholders or guarantors who become members during the company formation process) and their intention to form and join the business. The articles of…

Read Article
About Companies

What is a limited liability partnership?

A limited liability partnership is designed for businesses that usually operate as a traditional partnership. This tends to be accountancy firms, solicitors, dentists, veterinary practices, architects, chartered surveyors, medical practitioners and other professional services firms. Since the introduction of the limited liability partnership format in 2001, these types of businesses are able to operate as LLPs and…

Read Article
Company Formation

Limited company or LLP?

Limited companies and LLPs share many similarities, most notably the reduced financial responsibility of the owners. However, they do have significant differences as well, namely: Capital investment opportunities. Flexibility of internal structure and members’ rights. The allocation and taxation of business profits. Choosing the most appropriate legal structure will depend entirely upon the kind of…

Read Article