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Switching to an LTD from a sole trader can come with a few benefits, such as; limited liability, potential tax advantages, easier access to funding and increased credibility. We’ll discuss these benefits below as well as highlight all the necessary steps you need to take to switch from a sole trader to a limited company set-up.
What is a Limited by Guarantee Company? Limited by guarantee companies are commonly adopted by nonprofit organisations such as charities, sports associations, community projects, societies, and other similar entities. This type of structure does not have shares or shareholders, as opposed to limited by shares companies. This means that all profits earned by the company […]
Whilst choosing a name may be one of the first steps you take when forming a company, it shouldn’t be overlooked. A name is the first impression your brand makes.
You may know your hydrangeas from your hollyhocks, but how clued up are you on the different company structures open to professional gardeners? If your gardening business is going to flourish, you’ll need to pick the best setup for you, and meet all the business and legal requirements that come with it.
A Brief Guide on Company Registration Numbers From 2021 to 2022 there were 753, 168 company incorporations recorded by Companies House. This was a slight decrease of 7.1% from the data in 2020 to 2021, despite the expectations that there will be more incorporations during the pandemic.
This guide will cover all crucial questions from: the meaning of a dissolved company, to what it means if your company status is dissolved, what the process of dissolving a company is like and what happens after you dissolve a company.
What Is a Dormant Company? Companies not engaging in business activity or generating revenue through trading are tagged as “dormant” or inactive. However, they must still be registered under Companies House for tracking purposes. Dormancy can take effect from the date of incorporation or after a trading period. Additionally, businesses that have permanently ceased trading […]
Being the director of a limited company comes with many rewards, one of which is being in charge of your salary. But how exactly do you pay yourself as a company director?
In recent years, it’s been tougher for property rental businesses in the UK. With changes in legislation and lending criteria has been tightened, regulations have become less generous and rental yields have fallen — but can lessors still have good earning opportunities despite these challenges? Here, we’ll take you through the cases for and against.
This blog will guide you through the process of registering a dormant company, covering all the steps, legal requirements and ongoing obligations you will face as a dormant company owner.
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