Company Formation News

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.

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.

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). 

When appointing a limited company director Companies House request your director’s ‘Full forename(s)’ and ‘Surname’. If you wish you can withhold the middle name. 

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 […]

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). 

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”

As we enter the final month of the year, the UK government have unveiled their Autumn statement which announces their plans for spending and tax for the year ahead. This blog will explore what exactly the Autumn Statement is, what the 2023 Autumn Statement has announced and how it affects you as a small business […]