Business Planning

Yes it can. The Standard Industrial Classification (SIC) code is a five digit number that categorises a company’s nature of business. The code is chosen when a company is being registered. It is possible to complete a SIC code change when you file the company’s Confirmation Statement. A company can have up to four SIC […]

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. 

A short one for you all today: What’s the difference between a shareholder and a subscriber? Well there’s not much difference at all. A shareholder is someone who owns shares in a limited company. They own the company along with other shareholders (if there are others). 

Move over, Starbucks! Independent coffee shops are back on the rise, and ready to challenge the big brand monopolies.  

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. 

The only way to notify Companies House about a change in your limited company’s shareholding situation is to file a confirmation statement. Find out how to in our blog. 

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 […]

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”

First thing’s first: as any entrepreneur will tell you, there’s never a right time to start a business. You’ll always have reasons to delay your project. Maybe you find the thought of losing financial security too daunting, or perhaps you’re struggling to get to grips with how the company creation process works. But if you […]