Reporting changes to Companies House is one of the many duties you’ll be responsible for as a director or company secretary. In certain situations, you may also have to notify HMRC about changes to your business. Failure to fulfil these statutory requirements can have serious consequences for both you and your company, so it’s important…
Companies House informs HMRC when a new company is registered, so there is no need for you to contact them yourself. Shortly after company formation, HMRC will post a letter to your registered office address, which will include your company’s Unique Taxpayer Reference (UTR) and information about Corporation Tax. The UTR is very important, because…
Setting up a UK limited company is a simple and affordable procedure, even if you are a non-UK resident. The application process and legal requirements are exactly the same for everyone, regardless of where they live. Below, we will walk you through the important steps to forming a UK company online. Registering a UK limited…
The cost to set up a limited company depends entirely upon the way you chose to incorporate at Companies House. There are many options available to you, but the most convenient and popular way to form a limited company is through an authorised company formation agent like Rapid Formations. Using an agent is also the…
Companies House WebCHeck service is a free search facility that provides access to UK company data on the central public register. Users of WebCHeck can search for information using a company name or company registration number. In addition to this search facility, Companies House WebCHeck provides access to companies’ filing histories. Copies of these filed…
If you lose your certificate of incorporation for a limited company or Limited Liability Partnership (LLP), it is relatively easy to get a new one. Below, we explain the different ways you can get a replacement copy of a lost certificate of incorporation. 1. Through your company formation agent If you registered your company through…
If you wish to obtain a Certificate of Good Standing for your private limited company, you must ensure your company has at least one ‘natural’ director, that all your annual statutory filing (Confirmation Statements and annual accounts) have been submitted, and that any changes to your company’s registered details have been reported to Companies House.…
There is no legal requirement to open a business bank account for a limited company. However, it is more challenging to trade and manage business finances successfully without one. Aside from boosting the credibility of your company, a business bank account will enable you to record and trace all income and expenditure with greater ease…
If you have lost your Companies House WebFiling authentication code, do not fret. You can get a reminder or replacement from Companies House, or you can retrieve your code through your company formation agent (if you used one to set up your company). We explain these different options below, all of which are pretty straightforward.…
A company’s financial year is the period of time covered in its annual (‘statutory’) accounts. This is normally 12 months long, except in the first year when the period runs from the date of company formation until the end of the same month the following year. The date on which a company’s financial year ends…
All limited companies registered in the UK are required to prepare financial accounts each year and deliver them to Companies House and HMRC. These accounts, which may also be referred to as ‘annual accounts’ or ‘statutory accounts’, report the financial activity and performance of a business for its previous financial year. The financial year of…
Can you do the accounting for a limited company? The immediate response from most people would be a resounding “Absolutely not!” The very thought of tackling receipts, paperwork, calculations, and taxes doesn’t bear thinking about. However, there are no legal restrictions that would prevent you from doing your limited company accounting. If you have some…
