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.
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
After you’ve formed your company with us it’s automatically placed on our post company formation admin portal. From here you can view and update various company information, including registered office and director information. In this post we’re going to demonstrate how you can take full advantage of the online admin portal. Continue reading
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.
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
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
All limited companies formed with us are provided with a digital version of the certificate of incorporation (think of it as a company’s birth certificate) that is available to view and download as soon as the company has been formed. In this post we’ll look at how you can download yours. Continue reading
Being able to pitch confidently is a vital skill if you want to take your business to the next level. To help you deliver a killer presentation (and make sure you’re prepared for it), we’ve created The Perfect Pitch Checklist. Nail these seven points to give your business the best possible chance: Continue reading
Starting a UK limited company is simple. Very often the only hurdle that gets in the way is jargon; ‘company-speak’ that formation agents, accountants and Companies House (the UK’s registrar of companies – we’re busting jargon already!) continually drop onto websites and into conversations. In this, our latest StartUp TV, we look at exactly how simple it is is to form a UK company limited by shares … don’t worry, we explain what that means too! Continue reading