What is a Ready-Made Company?
When starting your own business you may ask yourself do I want to register a new company or should I buy a ready-made company? Ready-made companies can often be referred to as a ‘shelf company’. This is essentially a company which is pre-registered at Companies House. They have had no previous trading activity and has been sitting 'on the [...]
What is an LLP?
What is an LLP? Limited Liability Partnerships (LLP's) are a legal format in which to run a business. They were introduced on 6 April 2001 after The Limited Liability Partnerships Act 2000 received Royal Assent on 20 July 2000. They were introduced to provide protected liability to partnerships that was previously only available as a limited ‘company’. LLPs are [...]
What is a Limited Company?
Many business owners choose to operate their business as a ‘limited company’. Running a business as a company is a different legal format to running a business as a sole trader. So what is a limited company? A limited company is a separate legal entity to the owners and people operating the firm. It is seen as a ‘legal [...]
Scottish Companies Cannot Register in England
If your company is registered in Scotland then it must always have a Scottish registered office address. It is not possible to simply switch the country of registration. The company cannot change form being registered in Scotland to being registered in England, Wales or Northern Ireland. We are often asked by customers if they can move a company from Scotland [...]
Companies House and HMRC Scams
It seems like every other week there is a new alert or warning that new Companies House and HMRC scams have been identified. So how do you protect your company? Scam emails, telephone calls, and even texts are increasing every day. Whether you are being asked to help some poor soul to transfer his millions, or your bank is [...]
Choosing your Company Accountant – What Should you Consider?
Having registered a new limited company most new business owners will look for an accountant to assist them in the preparation of end of year accounts, tax returns and financial statements. Whilst the accounting industry is regulated by several different bodies, this is no guarantee that all accountants will be suitable for your business. As with many industries, the [...]