Practical answers for UK business owners and accounting professionals.
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Companies House identity verification is now a legal requirement for people who set up, run, own or control a UK company. It applies to directors and their equivalents, including members, general partners and managing…
I am planning to take about six months away from my consultancy next year, with no new client work during that time. My limited company will still exist, and I want to get the…
I set up my limited company last year and I remember my accountant mentioning at the time that appointing a company secretary used to be a legal requirement for all companies…
I am bringing an angel investor into my limited company for a 15% stake and I want to make sure the paperwork is right. As I understand it, I need to file an SH01 with Companies…
I have been running one limited company for the past three years and it has been doing well. I am now planning to start a second, completely different business and I am trying to…
You may have seen claims circulating that Companies House late filing penalties doubled from 1 May 2024. Before repeating that, it is worth checking the source. The current Companies House guidance on late filing…
Hi everyone, I am considering moving my company's year-end date so it lands in a quieter trading period. Our current December year-end always clashes with the Christmas rush and…
Hi all, My wife helps out a lot in the business already — she does the staff rotas, deals with suppliers and keeps the paperwork moving — but everything is informal and unpaid…
Hi everyone, My business is doing well and I'm now looking at opening a second site with a friend who would come in as a business partner. We're trying to decide between…
I keep mixing these two up and it's stressing me out. My limited company has to file a confirmation statement AND annual accounts every year, and honestly I'm not clear on why…
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