Why Your Limited Company Needs a Registered Company Name, Address and Number

The requirement of limited companies in regards to the registration of a company name and address and where this information must be displayed is quite clear. Under section 351 of the Companies Act 1985 every limited company is legally obliged to display its full company name, registration number and registered address on all business correspondence …

Company Name Rules are Changing this Weekend

The rules around limited company names are changing this weekend (more specifically on 31st January 2015). The rule change is part of a government initiative to cut red tape and business regulations and are the result of a consultation process which began in 2013. There are two main part to the changes which come in …

Freelancers and Self Employed Driving Growth in New Businesses

The Business Population Estimates for 2014 have just been released by the Department for Business Innovation and Skills (BIS) and the Office for National Statistics (ONS). As there is no central register for businesses in the UK they put together a report every year to try and estimate how many businesses there are in the …

Are Free Company Formations Really Free?

We recently saw that one of the national accountancy firms are charging their customers £125 + VAT to form a limited company. They justify this on their website by stating that: cheap online formations often don’t provide any telephone support, so if you do get stuck who is going to help you? We have even …

How many businesses are there in the UK?

The simple answer to how many businesses there are in the UK is 4.9 million. This is the official figure produced by the Department for Business, Innovation and Skills (BIS). The image below is part of the Methodology Note that accompanies their figures to show how they were produced. As you can see working out …

Company and Business Names Rules to be Simplified

Back in February the government launched a consultation on removing red tape around business and company names. The Department for Business have now published the results of this consultation along with the rule changes they are suggesting. Some of the changes being proposed are fairly technical. The more significant changes to have been suggested are …

Intel Top League of UK Company Name Tribunal Cases

American chip maker Intel top the league for challenges brought to the UK Company Names Tribunal. Over the last 4 years they have challenged 46 companies over their name and have won 45 of their cases. The losing companies have typically had to change their name and pay a fine of around £700. When you …

5 Proposed Changes to UK Limited Company Rules

At the G8 conference in June the UK government announced plans to change some of the rules around limited companies. Their aim is to make them more transparent so that it is clearer who owns companies. In part this move towards greater transparency is a more towards more efficient taxation of company owners. It will …

UK Certificates of Incorporation and Apostille

A Certificate of Incorporation is often called the birth certificate of a company. It shows that a company exists and what its company number is (although not who owns it). The Certificate of Incorporation is often asked for when opening bank accounts or when signing big deals. The Certificate of Incorporation is pretty much the …

Reporting Fraudulent Use of Address to Register a Company

Although it is fairly rare we occasionally get phone calls and emails from people who have discovered that a company has been registered to their home address without their knowledge. Normally they find out when letters start arriving at their house addressed to a business or people they have never heard of. Limited companies formed …