Company Formation

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Sail Address – What Is A Single Alternative Inspection Location?

By |2019-02-14T12:56:55+00:00February 14th, 2019|Categories: Address Services, Companies House, Company Formation|

It is a legal requirement for UK companies to make their company registers available for public inspection and for the address to be displayed on Companies House. The SAIL address is a Single Alternative Inspection Location and can be provided to Companies House as the location a UK limited company or LLP stores their company [...]

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

By |2019-03-29T10:47:10+00:00January 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+00:00December 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+00:00October 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 [...]

What is an SIC code?

By |2019-02-20T10:02:18+00:00July 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 [...]

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 [...]

Get a Prestigious Registered Office Address

By |2019-02-20T09:44:47+00:00December 18th, 2017|Categories: Address Services, Companies House, Company Formation|

Are you a small business owner in search for a prestigious registered office address? A registered office address is very important for a UK business. Government agencies send all official notices to the registered address of a company. Having an effective address for communication plays a crucial role. It not only boosts the image [...]

Information on Company Shares

By |2019-02-20T09:28:57+00:00September 16th, 2017|Categories: Companies House, Company Formation, Document Filing|

Most shareholders of UK limited companies need advice when making changes to the company structure or issuing a dividend. SFS provides a range of guides for limited companies to help owners of small businesses. Making adjustments to your company shares can be complicated and confusing. Re-structuring your company or simply recording the changes can seem [...]

What Shares Should a Company Issue?

By |2019-02-19T17:02:09+00:00June 18th, 2017|Categories: Company Formation|

Many business owners put little consideration into the type of shares they issue at the time of incorporation. However, there are a number of things you may want to consider when issuing company shares. One of the biggest decisions to make is if you want to issue different types of shares to create flexibility. When [...]

Starting a Limited Partnership

By |2019-02-19T16:24:31+00:00March 27th, 2017|Categories: Company Formation|

Since the introduction of limited companies and LLP’s, limited partnerships are a less popular type of business structure. LP's are still incorporated as they provide a more formal structure than a general partnership. A Limited Partnership must register with Companies House by filing the LP5 form. When the LP5 form is not completed you are [...]