How to set up and run a small business

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Key Guides

Forming a limited company – overview of Form IN01

September 3, 2012

To form a limited company in the UK, you must complete Form IN01. In this article, we look at the information Form IN01 captures, and how this information is used by Companies House.

What is the registered office of a limited company?

August 30, 2012

When you set up a limited company, you need to provide Companies House with a registered office address. This must be a real physical address, where paperwork can be delivered, and not a PO box.

Limited Liability Partnership – What is an LLP?

April 18, 2012

An LLP shares many of the features of a partnership, but also offers its members limited liability from any financial problems the business may face in the future.

What do I need to consider if I bring in another shareholder?

April 12, 2012

Many businesses start out as owner managed operations with one person owning all of the shares as well as being the managing director. However, as businesses grow, they often want to bring in other people as shareholders; maybe in return for an investment or possibly to a manager that they want to incentivise.

Companies Act 2006 – Key points for small businesses

February 27, 2012

The Companies Act 2006 enacted a wide range of reforms to the way company law is governed. It set out the duties of company directors for the first time, and has simplified some elements of company incorporation process. In this summary, we look at the key elements of the Act from a company director’s point […]

Do you need to have a company secretary, and what duties do they fulfill?

February 13, 2012

Unless the Articles of Association specify otherwise, a private company does not need to have a company secretary. However, the duties of a company secretary still need to be fulfilled regardless of whether someone is formally appointed. A public company, on the other hand, must have a formal company secretary appointed.

Things to consider when choosing a business name

September 27, 2011

When starting up a new business, one of the first things you need to do is choose a suitable name for your enterprise. It is worth spending time considering the name, since not only will this be the first thing potential customers see, but it will also be with you for the duration of your […]

How to choose the right business name for your new enterprise

September 27, 2011

One of the first things all business owners have to do is to choose a good name for their enterprise. Unlike other decisions you may make along the way, your business name could be with you for quite some time, so it is worth spending time to get it right first time.

Can anyone become a limited company director?

September 27, 2011

All private companies must have at least one company director – but are there any legal restrictions on who can fill this position?

Limited companies – what is a registered office?

September 27, 2011

By law, every company in the UK must have a registered office – this is a physical address in the UK where the company can receive documents from Companies House and other organisations.

Guide to the key Companies House forms used by limited companies

September 27, 2011

If you are running a limited company, chances are you may need to change your address, personnel or the company share structure. How do you report these changes to Companies House?

What is Companies House?

September 27, 2011

When setting up and running a company, you will have regular involvement with Companies House. In this article, we look at the main functions of Companies House and what obligations limited companies have.

What does a limited company secretary do?

September 27, 2011

The role of limited company secretary is essentially an administrative one, but can involve a number of important responsibilities depending on the wishes of the company’s directors.

Limited company director responsibilities

September 27, 2011

When you set up a limited company, as company director, you will have certain statutory and legal responsibilities which you should be aware of.

How to avoid problems with partnerships

September 27, 2011

Many small businesses are partnerships. Yet circumstances and ambitions change, partners fall out or die. Without a good partnership agreement things can get acrimonious. Here’s how to protect yourself from the start.

What limited companies need to send to Companies House

September 27, 2011

When setting up or running a UK company, the company directors and/or the company secretary (if appointed) are responsible for sending information to Companies House to ensure that the Registry is up-to-date. This may include changes in company details, or the submission of accounts.

Steps you should take when choosing a business name

September 24, 2011

Naming your organisation is not often seen as the biggest issue when establishing a business, but it can cause rather a lot of issues, particularly if there is more than one individual involved in the process and there isn’t much of a process to developing a name.