Tag: Companies House

What are statutory accounts?

When you’re running  a business, there are a number of tax returns, accounts, and other financial obligations you should be aware of. All private limited companies operating within the UK must complete statutory accounts, accurately and on time. Statutory accounts are also known as annual accountants. They are a set of in-depth financial reports that…

Adding a director to a limited company

Adding a director to a limited company When you set up a limited company, you will be required to have at least one director, as well as at least one shareholder. However, once the company has been set up, you might find that you want to expand your team of directors, or replace one of…

How to start a limited company

  If you’re about to begin a new business venture, setting up a limited company is one of the most tax-efficient and smartest ways to run your company. A limited company is a business structure that has been incorporated at Companies House as a legal ‘person’. But what does this mean? This basically means that…

How much does it cost to close a limited company?

There are various reasons why you might want to close your limited company. But it’s not simply a case of closing the doors, taking down your website, and letting your clients and customers know you’ll no longer be trading. There are also various legal steps you must take if you’ve decided to close your limited…