Persons with Significant Control – what are they and how do you create a PSC register?
Since 6th April 2016, nearly all UK companies have been required to maintain a register of Persons with Significant Control (also known as a “PSC register”).
The Confirmation Statement: What is it, and how do I file it with Companies House?
All UK limited companies, large and small, have been required to file an Annual Return (AR01) with Companies House at a set point each year. From 30th June 2016, as part of the Small Business…
What do I need to consider if I bring in another shareholder?
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…
Companies Act 2006 – Key points for small businesses
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…
The Annual Return – Form AR01, what it is and how to file it (archived)
All limited companies in the UK must submit an Annual Return form (AR01) to Companies House every year. The Annual Return provides a snapshot of general information about your company, including details of directors and…
Can directors be personally liable for a company’s debts?
One of the great advantages of trading through a company is to take advantage of ‘limited liability’. This means that, unless you have personally guaranteed a liability – for example to a bank or landlord…