Limited Company Guides

How to set up and run a limited company. From incorporation to dealing with ongoing administration. Here are our most popular guides:

statutory registers company
Limited Company Guides

What are a company’s statutory registers?

All companies must keep up-to-date statutory registers and ensure they are available for inspection on request. Statutory registers include important information about the company such as the names of members and how many shares each one holds.

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what does limited liability mean
Limited Company Guides

What does limited liability mean?

In the UK, there are four main types of limited liability companies: Private limited companies limited by shares, private limited companies limited by guarantee, private unlimited companies, and public limited companies. Sole trader and general partnerships aren’t companies as such as neither is a legal entity. Another business structure is a limited liability partnership, which

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Companies Act 2006
Limited Company Guides

What is the Companies Act 2006?

The Companies Act 2006 is a complex piece of legislation that took eight years of lengthy consultation before agreement could be reached on the final provisions. The new Act, which became law in October 2009 and contains more than 1,300 sections, replaces the 1985 Act. It aims to modernise company law, simplify legislation, enhance the

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limited company shares
Limited Company Guides

What is share capital, and what types of share can be issued?

In order to get a business off the ground, it’s vital to have some cash to get the enterprise going and give it some momentum. That’s where shareholders come in: by paying cash up front in return for a portion of ownership, they hope for a future higher value of the shares they now own.

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ltd company advantages
Limited Company Guides

What advantages does a limited company offer?

If you’re starting up a business for the first time, you can choose which business structure most suits your needs. A limited company offers liability protection for its directors and is usually most tax efficient route to take. Here we look at the advantages (and disadvantages) offered by incorporating.

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shareholder agreement company
Limited Company Guides

What is a shareholders’ agreement?

A shareholders’ agreement is a private document which outlines how a limited company is to be run. It is designed to protect all parties, particularly minority shareholders, and to restrain the power of the directors.

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limited liability partnership
Limited Company Guides

What is a limited liability partnership (LLP)?

A limited liability partnership (LLP) is a business model that shares some characteristics with both a limited company and a regular partnership while possessing unique features of its own. In terms of company structures, LLPs are relatively new in the UK and were first introduced in 2000 by the Partnership Act. So, what type of

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