Category Archive for 'Companies House'

Credit Checks

Before giving your customer credit, it is advisable to do some checks.  Below, in no particular order are some of the checks that could be made:

request a bank reference
request trade references
check the limited company’s details against Companies House
credit reference check
analysis of customer’s year-end accounts

You can ask for bank references, trade references (from your prospective customer’s [...]

Figurate!

On a more personal note - the name of my own company is now Figurate Ltd.
The legal name change at Companies House was quite straightforward.  It took a little more time to communicate the change to my clients and bank.  However, what will take the longest is changing all the directory/advertising entries that had been set up [...]

Change of Company Name by Written Resolution

The other method of changing the name of a limited company is by written resolution.
This is a resolution passed unanimously by the members (shareholders) of a company.  All the members are then required to sign and date the document.
A Change of Name by Written Resolution form (NC20) is also available for download at the Companies House [...]

Change of Company Name by Special Resolution

There are two ways of changing the name of a limited company, the first of these is by Special Resolution.
This is a resolution that must be passed at a general meeting of the company with a majority of 75%.  An ordinary resolution only requres a 51% majority.
A Change of Name by Special Resolution form (NC19) [...]

Renaming Your Company

It’s always best to chose a good name for your business at the outset , but in case you hadn’t, it is possible to change the name of a limited company after it’s registered.
You must first check to make sure that the new name you have chosen is available.  This can be done online using Comapnies House [...]

Profit and Loss

The Profit and Loss account is probably the financial statement that gets the most attention.  At it’s simplest, it is merely a statement of income less expenditure - which hopefully still leaves a positive figure.  If you are a plc (public limited company, who’s shares are traded on the stock exchange), the Companies Act lays [...]

Balance Sheet

A balance sheet is divided into two halves, with either:

the capital and liabilities in one half and assets in the other; or
capital in one half and net assets in the other.

 The balance sheet may be presented horizontally or vertically.  In either case, both halves must add up to the same total.
However, a balance sheet is not so named because [...]

Naming your Company

I came across this article about naming your company, at Vitamin, by Michael McDermot
which identifies five critical steps in naming your company.
It recognises just how important naming your company is. You might not agree with everything, but it’s a great starting point.
Of course, with some businesses, the name doesn’t matter as much as others. If [...]

Certificate of Incorporation

The certificate of incorporation is an official certificate issued by the registrar of companies on successful incorporation of a limited company.  The certificate states the company number, name and date of incorporation.

The Role of the Company Secretary

Company secretaries do not have specific responsibilities or powers but they may be criminally liable for company defaults (such as late filing of returns and so on).  They are also allowed to sign most of the forms required by Companies House.
A company secretary usually performs the following tasks:

maintains the statutory registers (such as register of members, [...]

Next »