Entrepreneurship is in my blood. I have started and run everything from selling honey online to a highly successful accountancy firm in London.
When forming a limited company it’s possible to have another company acting as any of the following: director, shareholder, person with significant control (PSC), and secretary. These are called ‘corporate appointments’.
When it comes to going self-employed, one of the first big decisions you’ll need to make is whether you should set up as a sole trader or a limited company. Both structures have their pros and cons, of course, and you may even find that you’ll operate within either over the course of your business life.
Pop-up food stalls are entrepreneurship at its most vibrant. From a food van business catering for festivals and parties to market and food court stalls, this fast-growing sector is becoming more and more popular for both businesspeople and consumers alike.
According to the Office for National Statistics company registration numbers for the latter part of 2020 ‘soared’ when compared to 2019 figures. And it’s no surprise.
Last Updated: 25/03/2021 The PROOF (PROtected Online Filing) scheme is a free service provided by Companies House that helps protect your company from fraud. Registering your company for PROOF means that Companies House stop accepting paper forms (appointment changes, change of registered office, company name change etc) for your company.
You never know when inspiration is going to strike. In the latest of our series of interviews with entrepreneurs, we speak with Christian Sellars, the co-founder of Little Futures.
Thanks to the wonders of modern technology, you can now manage all your company filing (officer appointments, confirmation statement, updating the registered office and much more) online. This is all enabled by a code known as the Webfiling Authentication Code (WAC) that is provided straight after a company has been formed.
Undoubtedly one of the most common queries that we get here at Company Formation MadeSimple is about what the difference between two very important filing obligations are for a limited company. These are Confirmation Statements and Annual Accounts.
The “Section 243 Exemption” is a term you will come across when appointing a limited company director via the AP01 form (online or through paper documentation). A 243 exemption means the proposed director’s residential address will not be disclosed to any credit reference agencies.
There’s a lot to think about when you’re self-employed: managing your workload, balancing the books, looking for new work. Understanding which business expenses you claim as a sole trader or a limited company, though, needn’t be on that list.
When you form a limited company your company is placed on the Companies House register (Companies House are the UK’s registrar of companies). In this post we’re going to look at the ‘Status’ field on the register and explain why your company may have an ‘Active’ status.