The “Return of Allotment of Shares” is the process of adding new shares into a company.
For example, a company formed with 1 share can complete a “Return of Allotment of Shares” (also known as the SH01 form) and increase the number of shares to a new amount. The name of the shareholder who is to receive these shares is not named until the confirmation statement is filed with Companies House.
This post was brought to you by Mathew Aitken at Companies Made Simple – The Simplest Company Formation Service
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All of our company registration 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
- Addresses of shareholders (the one provided to Companies House – not necessarily residential)
- The class of shares held (the types of share held, for example, ‘ordinary shares’)
- The number of shares held
The Webfiling Authentication Code is made up of 6 alphanumeric characters and enables you to make online updates to your company, through both our system and the Companies House system. With it you can file documents to; appoint a new director, resign a current one, change the registered office, add brand new shares, change your accounting reference date – and much more (all via online filing). Think of it like your company’s online signature. But how do find your company’s WebFiling Authentication Code? Continue reading
The SIC (Standard Industrial Classification) code is a 5-digit code that defines the industry or industries that your limited company is operating in. It used to be that you first selected an SIC code when filing a confirmation statement, but now entrepreneurs-to-be must provide a code when registering a limited company. This is likely to cause an increase in the amount of people who want to change their SIC code. In this post we’ll look at how you can do this. Continue reading
All limited need to file a Confirmation Statement and Annual Accounts on a yearly basis. Even if they’ve never traded. But what happens if you miss the deadline? In this blog post we look at the implications of filing your Confirmation Statement or Annual Account late (or failure to file at all). Continue reading
Absolutely. Our Registered Office service, which operates from our own offices at 20-22 Wenlock Road, London, N1 7GU – can be used by any England and Wales limited company, even if it wasn’t formed by us. This is provided that you pass on the necessary proof of ID and proof of address documents needed to comply with the Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. Continue reading
“Hope for the best, but prepare for the worst.” It’s a saying we’ve all heard at one time or another, and depending on your disposition, it either sounds terribly pessimistic or fairly even-handed. Continue reading
So you’ve started a new business. Great! Now it’s time to learn about what taxes you must pay and when you must file your returns or you could face penalties, surcharges and interest payments.
Please note that this information applies to Limited Companies, not to sole traders. Continue reading
We asked our friends over at FreeAgent seven common(ish) questions about the Limited by Guarantee (LBG) company structure – a structure commonly favoured by charities. Take a look, and remember to get in touch if you’re interested in incorporating your own LBG company. Continue reading
As a marketer, the prospect of going freelance brings up plenty of potential pros and cons. The whole process can be daunting but pays dividends in the long run.