Category Archives: Company Director

4 ways to protect your limited company from fraud

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With Halloween here, it’s understandable if you’re a little more fearful than normal. After all, who knows what ghouls and ghosts lurk in the darkness? However, in this blog post we’re looking at a far more realistic threat – company fraud. When it comes to business it always pays to be cautious. With that in mind, here are four ways you can protect your limited company from the all-too-real threat of fraudsters and other unscrupulous types. Ignore at your peril… Continue reading

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What are the differences between a Director and a Shareholder?

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When incorporating a Limited by Shares company you will need a Director and a Shareholder. Both are pivotal to the general running of the company with the differences depending on the company type; Limited by Shares, Limited Liability Partnership (LLP) or Limited by Guarantee. We know it can be confusing when setting up a company, so we have written this handy post that covers the differences between these two roles and everything else you need to know.

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A quick guide to the Director’s Residential Address

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During the limited company formation process you need to provide a number of different addresses:

  • Registered office
  • Shareholder address
  • Person with significant control address
  • Director’s service address
  • Director’s residential address

In this post we’re going to concentrate on the final address is this list; the director’s residential address. Whilst this is clearly where the director lives, there are still some important things that you should know about the address. Let’s get started. Continue reading

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What are corporate appointments?

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All UK limited companies must have at least one director, one shareholder and one person with significant control (PSC). All these roles can be taken by one person, however – as well being able to appoint other people, you can also appoint other companies in roles too. These are called corporate appointments. Continue reading

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What is a limited company subscriber?

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What is a social enterprise?

So you know what a director is (the person who runs the company), what a shareholder is (the person who owns the company), what a person with significant control is (the person who really owns the company) and what a secretary is (the person who takes care of the company admin… if you want to appoint one) but what on earth is a subscriber? Let’s take a look.

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How do I change a director’s date of birth?

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change-directors-dob

When it comes to a limited company’s director there’s quite a bit you can change online: Name, service address (official address), residential address, occupation, even the nationality. The date of birth however, is not so simple to update. After all, whilst all of the above can change, someone’s date of birth can’t. But what if you entered the incorrect date of birth when appointing a director? Continue reading

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Making a Corporate Appointment: Governing Law and Legal Form

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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’. The information that you provide for a corporate appointment differs slightly from the information that you need to provide for a regular human appointment. Two terms that cause particular confusion when appointing a corporate director or corporate PSC are ‘Legal Form’ and ‘Governing Law’. In this post we’ll explain what these mean. Continue reading

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The Registered Office: Your questions answered

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Offshore company formation - how to decide whether you need to incorporate abroad

At Company Formation MadeSimple we get many queries regarding certain terms and phrasings, in particular, to do with the registered office; a limited company’s official address at Companies House (the UK’s registrar of companies). In this post, we will look at and answer some of these common questions. Continue reading

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7 stressbusting tips for the small business owner – a MadeSimple infographic

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Stress-blog-image

Running a business can be extremely rewarding but unsurprisingly, rather stressful too. To help all you business owners out there, and anyone else for that matter, combat stress – we’ve created this ‘7 stressbusting tips for the small business owner’ infographic. We hope you find it useful. Continue reading

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