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Yes it can. The Standard Industrial Classification (SIC) code is a five digit number that categorises a company’s nature of business. The code is chosen when a company is being registered. It is possible to complete a SIC code change when you file the company’s Confirmation Statement. A company can have up to four SIC […]
The likes of Foster & Partners and BDP might dominate the industry press, but it’s actually thousands of sole practitioner and boutique studios dotted across the country that form the bedrock of the UK’s architectural profession.
When you form a limited company your company is placed on the Companies House register (Companies House are the UK’s registrar of companies). In this post we’re going to look at the ‘Status’ field on the register and explain why your company may have an ‘Active’ status.
The “Section 243 Exemption” is a term you will come across when appointing a limited company director via the AP01 form (online or through paper documentation). A 243 exemption means the proposed director’s residential address will not be disclosed to any credit reference agencies.
A short one for you all today: What’s the difference between a shareholder and a subscriber? Well there’s not much difference at all. A shareholder is someone who owns shares in a limited company. They own the company along with other shareholders (if there are others).
Move over, Starbucks! Independent coffee shops are back on the rise, and ready to challenge the big brand monopolies.
When it comes to going self-employed, one of the first big decisions you’ll need to make is whether you should set up as a sole trader or a limited company. Both structures have their pros and cons, of course, and you may even find that you’ll operate within either over the course of your business.
The process of registering a company is a very simple one. In fact, with Companies MadeSimple it is just 4 simple steps. It is a quick process too, normally done within 3 working hours. However running your own company is the next challenge, we’re here to help.
The only way to notify Companies House about a change in your limited company’s shareholding situation is to file a confirmation statement. Find out how to in our blog.
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 […]
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