Category Archives: Company Formation News

Update to the Confirmation Statement: SIC Code change

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Update to the Confirmation Statement: SIC Code change

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).

The SIC code 82990 (‘Other business support services activities not elsewhere categorised’) is a common code used at the time of incorporation as some people are unsure what suits them best at this stage.

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How long does it take to form a company?

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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. Continue reading

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MadeSimple shortlisted for the UK Customer Experience Awards 2016!

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2016-09-14

We’re absolutely delighted to announce that we’ve been named as finalists at this year’s UK Customer Experience Awards in the ‘Employee Engagement – Improving CX’ category. Continue reading

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Company Formation Update: Multiple Share Classes now available!

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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. Continue reading

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Updates to the company formation process: PSC and SIC

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updating

This month sees two important updates to the UK limited company formation process; the addition of a ‘People with Significant Control’ (PSC) section and the addition of a ‘Standard Industrial Classification’ (SIC) section. Let’s take a look at what this means for you when forming a company. Continue reading

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Everything you need to know about ‘People with Significant Control (PSC)’ and the Confirmation Statement

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PSC

Since April 2016 all UK limited companies and limited liability partnerships should be keeping a Register of People with Significant Control (PSC) in the company. This information should then be included in the Confirmation Statement – which has now replaced the Annual Return. In this post you’ll find everything you need to know about PSC, the Confirmation Statement and the services that we offer to help you stay compliant. Continue reading

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How Do I Change My Director Details?

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How Do I Change My Director Details

One of the most common questions that we get at Company Formation MadeSimple is ‘How do I change my director details?’ It’s perfectly understandable that the details of your directors may change – this could be for a number of reasons, name change because of marriage for example. Whatever the reason, we want to show you how simple it is to change your director’s details. Continue reading

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Information You Don’t Need For Online Company Formation

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Information You Don't Need for Online Company Formation

When forming your company online, certain information is required by Companies House to allow you to register your business. After all, government bodies need to know who you are. Continue reading

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