Get up to £25,000 Government back funding for your new business

Starting a new business will be one of the most exciting things you do, but it can be financially risky and daunting.

Our partner, Smarta Start Up Loans, is your route to government backed funds – specifically for people just like you, starting and growing their business.

As well as low-interest funding of up to £25,000, Smarta are also offering a strong support network including award winning mentors, there to help you with your first few steps and provide face to face advice. In addition, you could benefit from a free 3 month subscription to the UK’s leading suite of business software (as distributed by high street banks).

If you’re looking to take the next step with your business, register with Smarta here for more information. As a valued customer of Companies Made Simple, your application will be fast-tracked.

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This post was by Laura Gilmour at MadeSimpleFind Laura on Google+

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Can I change my Companies House WebFiling Authentication Code?

Changing your WebFiling Authentication code is simple

Yes you can. The Companies House WebFiling Authentication Code is a 6 alphanumeric code that Companies House provide upon company incorporation (if we formed your company, you can find this by logging in and then clicking on your company name).

This is the code that enables you to carry out online filing for your company, both with Companies House and with us.

If you wish to change the code that has been allocated to your company:

  1. Login to the Companies House system (or register if you haven’t yet)
  2. Select the country that the company was registered in and then enter the company number and the current code – click “Sign In”
  3. Select “Company Authentication” on the left of your screen
  4. Enter the new code (it must be 6 characters long) twice and select “Change code”

There you go – confirmation will then be posted to your registered office address.

Don’t forget, if your company is on our system you will need to to update the code on here too. To do this:

  1. Login
  2. Select “My Companies”
  3. Click on your company name
  4. Select “Update Code” next to “WebFiling Authentication Code”
  5. Enter the new code and then select “Change”

Do you have any questions regarding this process? Leave a comment and we’ll be in touch.

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This post was by Mathew Aitken at MadeSimpleFind Mathew on Google+

Posted in Companies House, Post Company Formation | Leave a comment

Importing multiple limited companies at the same time

Our company secretarial software allows you to import and manage limited companies that were not formed by us onto it. All we require is the company number and the Companies House webfiling authentication code.

This function can be found when you click the “Import Company” option from your dashboard:

If you want to import multiple limited companies onto the company secretarial system at the same time, all you need to do is:

  • Create one CSV file made up of company numbers and webfiling authentication codes
  • Email the CSV file to our team – we’ll take care of the rest and let you know as soon as the companies have been imported

See here for more information on our Company Formation for Professionals service – ideal for customers who form multiple limited companies on behalf of other people.

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This post was by Mathew Aitken at MadeSimpleFind Mathew on Google+

Posted in Company Formation for Professionals, Limited Company | Leave a comment

How do I renew my Companies Made Simple Service?

How do I renew my Companies Made Simple services? Find out in this blog post.

Companies Made Simple offer a range of services that are renewable after one year:

Company Formation Packages

Privacy Package – £59.99 plus VAT

What exactly is being renewed? The Registered Office and Service address services.

Comprehensive / Ultimate Package – £99.99 plus VAT

What exactly is being renewed? The Registered Office service, Service address service, Maintenance of Statutory Books service and Annual Return service. Continue reading

Posted in Companies House, Company Director, Dormant Company, HMRC, Limited Company, Post Company Formation, Registered Office, Service Address | Leave a comment

The Register of Members List: Recording Your Share and Shareholder information

Once you have formed your company with us, you can find all the company information on your admin page. To locate this page:

  1. Login to Companies Made Simple
  2. Select “My Companies”
  3. Click on your company name

We have just added a new feature to this page; the Register of Members List.

This area is for you to store your company share and shareholder information. It allows you to:

  • View and add new member (shareholder) information
  • View and add new share class information

The Register of Members List is a tool for you to keep a record of the share and shareholder information. It is not tied to Companies House. If you do wish to add new shares or shareholders, you still need to follow the necessary steps – see this blog post for further information:

Adding new shares and shareholders to a UK Limited Company

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This post was by Mathew Aitken at MadeSimpleFind Mathew on Google+

Posted in Post Company Formation, Shares and Shareholders | Leave a comment

2 things a Limited Company Annual Return isn’t

So what is an Annual Return?

Let’s deal with that title straight away:

The Annual Return is not optional – all limited companies must file one, it doesn’t matter if the company is trading or dormant.

The Annual Return has nothing to do with finances – that’ll be Annual Accounts.

So what is an Annual Return?

The Annual Return is a “snapshot” of limited company information; in other words, a brief overview of company information. The Annual Return must be filed once a year with Companies House and whilst there’s no fine for late filing, Directors can be prosecuted (and the company dissolved) if Annual Returns are not delivered at all.

The Annual Return should be made up of the following information:

  • Company Name
  • Registered Office
  • SIC Code
  • Director Information
  • Secretary (if appointed) Information
  • Share Information
  • Shareholder Information

Continue reading

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What is the Accounting Reference Date?

The Accounting Reference Date is automatically set as the last day of the month that a company was formed in

The accounting reference date pinpoints when a company’s financial year ends. As well as this, it also acts as a reference point for when annual accounts need to be delivered to Companies House.

For example, if a company were formed in January 2014, the accounting reference date would be 31/01 (the date automatically falls on the last day of the month that the company was formed in) – the first set of accounts should then cover from the company formation date up to 31/01/15. The following set of accounts should cover from 31/01/15 up to 31/01/16 and so on.

Can I change the Accounting Reference Date?

Yes, but with restrictions:

  • You can’t change a period for which accounts are already overdue
  • You can’t extend a period beyond 18 months unless the company is in administration
  • You can’t change the period more than once in five years

Continue reading

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Importing Limited Companies on to Companies Made Simple

Importing companies on to our system is simple

Our Company Formation system allows you to import companies on to it that weren’t formed by us, for free.

Why would I do that?

This allows you, from one login, to carry out multiple admin tasks for limited companies, such as:

  • Change the registered office
  • Add shares
  • Download share certificates
  • Appoint / resign / edit officers
  • File annual returns (for £13 – the same fee that Companies House charge)
  • Keep track of annual return and annual account due dates

How do I import a company?

  1. Login to Companies Made Simple
  2. Select ‘Import Company’
  3. Enter the company number and authentication code, then select “Import Company”

How do I transfer a company from one account to another?

Our system does not allow more than one account to hold a company. If you do try and import a company that is already on our system, you will receive this message:

But what if I don’t know the account holder?

No problem. Simply send an email to the above email address (subject: “company transfer request”) with the below information:

  • Your name
  • Your account email address
  • A brief explanation of what you want us to do
  • The webfiling authentication code for the company that you wish to have under your account

We’ll then take care of the rest.

Do you have any questions regarding any of these processes? Leave a comment and we’ll be in touch.

This post was by Mathew Aitken at MadeSimpleFind Mathew on Google+

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Posted in Accountant, Company Formation for Professionals | Leave a comment

Company Formation for Professionals: How do I pay with credit?

How do I pay for company formations using my credit?

If you are signed up to our Company Formation for Professionals service, for every ten companies you form via our professional packages (Starter, Executive and Professional), we’ll add £20 credit to your account. This can then be used up against any of our services.

Here’s how to pay for a
Companies Made Simple service using this credit:

  1. Log in to your account
  2. Proceed to the “Checkout”
  3. Select the “On Account” box and then proceed as per usual

Here’s a quick demo:

If you’re interested in signing up for our free Company Formation for Professionals service, designed for customers who form multiple companies on behalf of other people, see here:

Company Formation for Professionals

If you are already signed up as a Companies Made Simple customer and would like to switch your account to our professional service, simply email cosec@madesimplegroup.com and our team will be happy to make the change.

This post was by Mathew Aitken at MadeSimpleFind Mathew on Google+

Posted in Company Formation for Professionals | Leave a comment

How do I download my Share Certificate?

All of our company formation packages come with digital share certificates for each shareholder in the company.

What is a Share Certificate?

The share certificate is a company document that outlines individual shareholder information including:

  • The shareholder’s name
  • The shareholder’s address (the one provided to Companies House – not necessarily residential)
  • The class of shares held
  • The number of shares held

Continue reading

Posted in Company Formation - Companies Made Simple, Shares, Shares and Shareholders | Leave a comment