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What is a company credit report and what it’s used for: What is a company credit report? A company credit report provides financial background information about a company. It covers information such as the company’s ownership, subsidiary companies, financial information, risk scores and any liabilities or bankruptcies. It is also known as a business credit […]
Once you have incorporated your new company you will be keen to get things running as soon as possible. However, before you hit the ground running it is crucial that you source robust contracts to protect you and your business so that it can grow quickly and safely. In this article we discuss what business […]
After incorporating your property business you will be keen to get started and let your properties so that you can get returns on your investments as soon as possible. However, before you embark on your buy to let business, you will need to ensure that you have a suite of legally-compliant contracts that protect you, […]
What Is a Dormant Company? Companies not engaging in business activity or generating revenue through trading are tagged as “dormant” or inactive. However, they must still be registered under Companies House for tracking purposes. Dormancy can take effect from the date of incorporation or after a trading period. Additionally, businesses that have permanently ceased trading […]
What is a Limited by Guarantee Company? Limited by guarantee companies are commonly adopted by nonprofit organisations such as charities, sports associations, community projects, societies, and other similar entities. This type of structure does not have shares or shareholders, as opposed to limited by shares companies. This means that all profits earned by the company […]
What Is a Limited Liability Partnership? Are you considering running your business as a limited liability partnership in the UK? This guide will tell you what you need to know about a limited liability partnership, how it is formed, and its differences from limited companies. A limited liability partnership or LLP is a hybrid business […]
You are entitled to various benefits and perks as a limited company director. One of the most valuable perks is being in charge of your salary. This means you can set your salary within certain limits and take advantage of other benefits. However, knowing how to pay yourself from a limited company can be confusing […]
A Brief Guide on Company Registration Numbers From 2021 to 2022 there were 753, 168 company incorporations recorded by Companies House. This was a slight decrease of 7.1% from the data in 2020 to 2021, despite the expectations that there will be more incorporations during the pandemic.
We posted an explanation of what “Last Returns Made Up To” meant in a limited company sense. Today we’re going to look at a similar topic, “Last Accounts Made Up To”. The Companies House web check and our very own company admin portal both have an area dedicated to “Last Accounts Made Up To”
Times are tough for many UK companies, not least because rising energy costs are leaving many of us with eye-watering gas and electricity bills. Although the government has brought in temporary support to see organisations through the next few months, the onus is still on us, as business owners, to do everything we can.
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