Small Firms Services

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So far Small Firms Services has created 85 blog entries.

SFS Move to New Office in Coventry

By |2019-05-20T12:09:20+01:00April 3rd, 2019|Categories: Address Services, SFS news|

Small Firms Services are pleased to announce the relocation of our Coventry office. Our head office is moving to a new location as our previous office has been acquired for re-development. As of May 2019, SFS will be moving to a new office in the city centre of Coventry. The change of office allows the [...]

SFS Move to a New Office – Union House

By |2019-04-16T09:35:18+01:00April 1st, 2019|Categories: SFS news|

We are pleased to announce that SFS will begin moving to a new office in May 2019. The new office is called “Union House” and replaces our previous Coventry address “The Apex”. This office has been secured on a long term lease to ensure the stability of our services for both SFS and our valued [...]

What Is a Company Unique Taxpayer Reference (UTR) Number?

By |2019-03-29T10:47:10+01:00January 7th, 2019|Categories: Accounting, Company Formation, Document Filing, Tax|

When starting your own business there are many different numbers and codes your company will acquire and it can be difficult to remember which codes are used for different services. One of the most important numbers your company will receive is the Unique Taxpayer Reference (UTR). This code is issued by HMRC and consists of [...]

Emergency or Disaster Recovery Planning

By |2019-01-17T16:11:31+01:00December 15th, 2018|Categories: Company Formation|

Have you considered how your business would cope in the event of unforeseen circumstances? Many business put very little thought into disaster planning believing that it won’t happen to them. Major weather occurrences or accidents could leave your business completely unable to trade. Imagine running your business with no power, phone service, internet, access to bank [...]

What is an Accounting Reference Date?

By |2019-01-17T15:50:03+01:00October 17th, 2018|Categories: Accounting, Company Formation, Document Filing|

The accounting reference date is an important deadline that all Limited companies must be aware of. Knowing your accounting reference date will prevent your company from incurring financial penalties issued by Companies House. What is an accounting reference date? This is the end of the financial year for a Limited company and the dates their [...]

5 Reasons Why You Need a Virtual Office

By |2019-02-21T13:54:05+01:00August 5th, 2018|Categories: Address Services|

Operating a business can be a lot easier when you use a virtual office service. It removes many of the worries that startups and small business have about using their own address. We talk to many business owners before and after they have formed a company and they tell us why a virtual office service [...]

What is an SIC code?

By |2019-02-20T10:02:18+01:00July 25th, 2018|Categories: Companies House, Company Formation, Document Filing|

At the time of incorporation a Limited company must inform Companies House of their intended business activities. This information is communicated to the government by selecting a Standard Industrial Classification code which is often referred to as an SIC code. All companies are legally required to provide this information even if they do not intend to begin [...]

Paying Stamp Duty When Transferring Company Shares

By |2019-02-20T09:59:35+01:00May 4th, 2018|Categories: Accounting, Tax|

As of 13 March 2008, HMRC introduced new regulations which means any share transfers with a value of £1000 or more must pay stamp duty. The value of the transfer does not have to be a cash transaction, the value is based on the ‘chargeable consideration’ that is given for the shares. The chargeable consideration [...]

What Should You Know About Share Rights?

By |2018-05-04T12:08:50+01:00March 18th, 2018|Categories: Companies House, Company Formation, Document Filing|

The ownership structure of a limited company is characterised by the distribution of its share capital. Two shareholders, for example, may hold 50 shares each out of 100 issued shares illustrating their equal 50% ownership. Each share class is assigned with rights, otherwise known as prescribed particulars. The rights outline the powers the respective shareholders [...]

Mail Forwarding for Business

By |2019-02-20T09:47:43+01:00February 27th, 2018|Categories: Address Services|

Supporting many small businesses we understand the need for a reliable mail forwarding service. Our business mail forwarding service is the perfect solution for home based businesses and small companies that require a professional mail address. We can handle your mail and forward this directly to you so that you can focus on running your [...]