I’ve just formed a company, how do I get my UTR (Unique Tax Reference)?

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Cosec: A Powerful Management Tool Synced With Companies House

The UTR is a 10-digit number unique to your company that’s issued by HM Revenue and Customs (HMRC). HMRC are notified once as your company has been formed, they’ll then mail (regular mail, not email) your company’s UTR to the Registered Office normally within a few weeks of incorporation. You need not do anything, this all happens automatically once your company has been formed. Continue reading

UK really is open for business! More than 170,000 non-UK nationals formed companies here in 2015

  • Number of non-UK nationals forming companies in UK has soared by 160% since 2010
  • More than 14,000 companies were formed by Polish nationals through Companies House last year

Thousands of overseas entrepreneurs are forming companies in the UK to avoid red tape in their own countries, according to research from start-up specialist Made Simple.

More than 170,000 non-UK nationals registered firms with Companies House in 2015, a staggering 160% increase since 2010.

The figures support the current ‘open for business’ sentiment being echoed by some of the country’s leading politicians and business leaders post-Brexit.

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Infographic: What’s NOT simple for the UK’s startups?

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In January 2016, with help from Virgin StartUp, Names.co.uk, Startups.co.uk and London Small Business Centre, we contacted small and micro-businesses across the UK asking them a series of questions exploring… “What’s NOT simple for UK’s startups?”. We’ve created an infographic to highlight some of the key findings. Continue reading

What mail can you expect to receive at your Registered Office?

The Registered Office is the official address for a limited company. Despite this, company directors (or anyone else from the company) need not be based at the Registered Office – just as long as any government mail that arrives at the address is then forwarded to the directors. So we know that official, government mail is sent to the address, but what else can you expect to receive? Continue reading

Working for other people sucks. Want to know why?

workingforotherssucks

Monday to Friday, 9-5. Boo. Weekend. Yay! Sound familiar? Of course it does. The average person spends 10.5 years of their life working, and working for someone else nonetheless. It’s pretty much how we all choose (yes choose) to live our lives. Are we suggesting there is an alternative? Another way to do it? We’ll get to that question in a bit. First let’s look at five reasons why working for someone else truly sucks. Continue reading

6 moments of entrepreneurial inspiration from HBO’s Silicon Valley

6 moments of entrepreneurial inspiration from HBO's Silicon Valley

The life of a startup is full of ups and downs. Fortunately, there is a simple way to prepare for the tough road ahead… watch the HBO show Silicon Valley. Whilst some shows and films may teach a few business lessons, Silicon Valley is an incredibly accurate case study that startups can genuinely learn from (whilst also being ridiculous and hilarious).  Continue reading

Infographic: 10 steps to turning your idea into a business

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Got a money-making idea but not sure what to do next? No problem! We’ve created an infographic highlighting our 10 steps to turning your idea into a business. Take a look to get your budding business, blooming. Continue reading

Where’s my certificate of incorporation?

Registering a company - when is the right time?

All of our company formation packages include a digital copy of the company’s certificate of incorporation (plus some of them include a hard copy of the certificate). In this post we’re going to look at how you can download your certificate as soon as your company has been formed. Continue reading

How can I change my SIC code (Standard Industrial Classification code)?

The SIC code is a 5-digit code that defines the industry or industries that your limited company is operating in. It used to be that you first selected an SIC code when filing a confirmation statement (previously known as the annual return), but now entrepreneurs-to-be must provide a code when forming their limited company. This is likely to cause an increase in the amount of people who want to change their SIC code. In this post we’ll look at how you can do this. Continue reading