Company Formation News
When forming your limited company you will have noticed the Standard Industrial Classification code (or SIC code), which represents the type of business or industry your business identifies with. This is also part of the information that makes up the Confirmation Statement, the annual filing obligation required by Companies House (the UK’s registrar of companies).
It is currently taking Companies House (the UK’s registrar of companies) an average of 15 hours to process limited company incorporations. This being the amount of time it takes for a company to be formed once the company information has been completed and the incorporation request has been sent to Companies House.
We’re absolutely delighted to announce that we’ve been named as finalists at this year's UK Customer Experience Awards in the ‘Employee Engagement – Improving CX’ category.
After receiving feedback from our customers we’re pleased to announce that you can now use multiple share classes when forming companies with us. In this post we’ll give you a step by step demonstration on how to do this.
Yes. If you’ve not yet formed your company and for some reason would like a specific date of incorporation (in the near future), we can help.
This month sees two important updates to the UK limited company formation process; the addition of a ‘People with Significant Control’ (PSC) section and the addition of a 'Standard Industrial Classification' (SIC) section. Let’s take a look at what this means for you when forming a company.
Since April 2016 all UK limited companies and limited liability partnerships should be keeping a Register of People with Significant Control (PSC) in the company. This information should then be included in the Confirmation Statement - which has now replaced the Annual Return.
Networking events are a fantastic opportunity for you to get out there and talk about your business to like-minded people and potential customers/partners.
One of the most common questions that we get at Company Formation MadeSimple is ‘How do I change my director details?’ It’s perfectly understandable that the details of your directors may change - this could be for a number of reasons, name change because of marriage for example.
When forming your company online, certain information is required by Companies House to allow you to register your business. After all, government bodies need to know who you are.
Registering a company is a big, yet simple step, that comes with a number of benefits. In this post we’re going to look at three reasons why you should take the plunge and register your company.
Firstly, congratulations. You are now at a stage where your business idea is ready to become a reality.