Author: thebosslch

Single Alternative Inspection Location (SAIL) address – what is it?

The Single Alternative Inspection Location (SAIL) is a facility provided by Companies House that allows companies to keep statutory records at a location other than their registered office.

What is the difference between using ‘limited’ and ‘ltd’ with your company name?

In terms of legal structure, there is no difference between the terms “Limited” and “Ltd.” Both terms indicate that a company is a private limited company, a type of legal entity in the UK.

Is business insurance mandatory if you run a limited company?

Is it a legal requirement to have business insurance in place? And even when it is not, are there situations when insurance is still mandatory for a limited company?

How to get a mortgage as a limited company director

In this guide, we look at how the mortgage process works for limited company directors, what to look out for, and how to secure the best rates.

How much do limited company accountants cost?

For all small company owners, cost is a crucial factor when it comes to choosing an accountant. How much do accountants charge?

How to close down a limited company – 4 options

How you choose to close your company could have a big impact on your tax bill. And, depending on your business’ financial health, there are also legal implications to take into account.

What is the Companies House PROOF scheme?

The PROOF scheme, also known as the Protected Online Filing scheme, is a completely free service established by Companies House to protect your business from potential fraud.

Forming a company – what is a SIC code?

When you form a new company, you need to choose a Standard Industrial Classification (SIC) code you want to associate with your new venture. So, what is an SIC code used for?

What does a limited company secretary do?

All limited companies in the UK must appoint at least one director during the incorporation process. Whilst no longer a mandatory appointment, a company may also decide to appoint a secretary to undertake a specific role in the business.

How many limited companies are there in the UK?

After sole trader status, the limited company is the most popular business structure in the UK. Here we look at how many there are on the official register, and how the number of incorporated businesses have grown massively over the past decade.

Steps you must take when you hire your first employee

Here is a list of some of the main steps you should follow when hiring a member of staff for the very first time.