Company Formation News

On Friday we posted a piece entitled “Limited and Ltd: What suffix to use?” What the post didn’t touch on was what the term “Limited” actually means (in a company sense). So what better time than now to explore the definition? Here goes. In a limited company the liability of the shareholders is, you guessed […]

Once a company has been formed the Companies House webcheck will give the company an “Active” status. This is nothing to do with the company’s trading status. It is simply to do with the company’s current “life” status. “Active” means that the company is formed – whether it is trading or not is not taken […]

As part of our company formation process we require all customers to create an account with us. After you have formed a limited company, access to said company’s admin portal is restricted to the account holder. 

We provide share certificates for existing and new shareholders alike. For existing shareholders simply login to your account, access “My Companies” and select your company name. Scroll down to the “Shareholders” section and select “Download”, you will either be presented with an online version of the certificate straight away or you will have to enter […]

Namesco are now names.co.uk! To highlight the importance of the domain name services that they provide and to stress their UK heritage, the company formerly known as Namesco have ushered in 2013 with a rebrand that also sees updates to their logo, website and product offerings.

Our company admin portal has a field for your company’s “Nature of Business”. This field displays the company’s SIC (Standard Industrial Classification) code.

A limited company’s total aggregate value is the number of shares in the company multiplied by the value of each share. For example, a company with 10 shares worth £2 each would have a total aggregate value of £20. If the company has more than one share type, simply work out the total value of […]

Director addresses can be easily amended on the Companies House records. To notify Companies House of an address change (Service and Residential can both be changed) you can: • Complete the “CH01 Change of director’s details” document and then file with Companies House. The change should be accepted within a week of Companies House receiving […]

If your company is formed this February the accounting reference date will be 28/02. It will remain as 28/02 until the next leap year (which is 2016) when it will move to 29/02.