Business Planning

What is a company credit report?

What is a company credit report and what it’s used for. What is a company credit report?

How do I let Companies House know that a Share Transfer has taken place?

The only way to notify Companies House about a change in your limited company’s shareholding situation is to file a confirmation statement. Whilst the J30 stock transfer form/s should be completed and kept when the transfers take place, the confirmation statement is the actual method used to let Companies House know about the change.

How many people do I need to form a company?

Are you in the process of becoming a ltd company? It's worth knowing that you can register a UK limited by shares company with just one person.

What is the Companies House PROOF service?

Last Updated: 25/03/2021 The PROOF (PROtected Online Filing) scheme is a free service provided by Companies House that helps protect your company from fraud. Registering your company for PROOF means that Companies House stop accepting paper forms (appointment changes, change of registered office, company name change etc) for your company.

What you need to know before opening your coffee shop

Move over, Starbucks! Independent coffee shops are back on the rise, and ready to challenge the big brand monopolies.

Shareholders and Subscribers: What’s the difference?

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.

Company Formation Process: What is a Section 243 Exemption?

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.

Can a company change the SIC Code?

Yes it can. The Standard Industrial Classification (SIC) code is a five digit number that categorises a company’s nature of business.

Do I need to use my Director’s Middle Name?

When appointing a limited company director Companies House request your director’s 'Full forename(s)' and 'Surname'. If you wish you can withhold the middle name.

Our practical guide to starting your home florist business

Few businesses are more rewarding for your creativity than arranging stunning bouquets. Best of all, floristry is the kind of small business you can easily run online, from the comfort of your own home.

Starting up your own clothing line? Here’s why you need to trademark it

If you’re starting up your own clothing line, you’ll have put hours and hours into designing, creating and branding your products. And as any experienced clothing line entrepreneur will tell you, it’s imperative to consider trademarking your products.

What is the “Return of Allotment of Shares”?

The “Return of Allotment of Shares” is the process of adding new shares into a company. For example, a company formed with 1 share can complete a “Return of Allotment of Shares” (also known as the SH01 form) and increase the number of shares to a new amount.