by admin | Apr 3, 2019 | Corporate Governance & Regulation |
Limited Liability Partnerships (LLPs) retain the flexibility of a partnership with the added advantage that a partners personal liability is limited. At least two members must be ‘designated members’ and the law places extra responsibilities on them. For...
by admin | Mar 20, 2019 | Corporate Governance & Regulation |
Since April 2018 company directors and other eligible people such as company secretaries, people with significant control (PSC) and LLP members can apply to remove their personal addresses from the UK’s official company register on Companies House. Prior to the...
by admin | Mar 6, 2019 | Corporate Governance & Regulation |
There are Late Filing Penalties which are designed to encourage companies to file their accounts and reports on time. The penalties were first introduced in 1992 and were significantly increased from February 2009. All companies, private and public, large or small,...
by admin | Feb 27, 2019 | Corporate Governance & Regulation |
A Company Voluntary Arrangement or CVA is a special arrangement that allows a company with debt problems or that is insolvent to reach a voluntary agreement to pay its business creditors over a fixed period of time. The arrangement is similar to the more well-known...
by admin | Feb 20, 2019 | Corporate Governance & Regulation |
After the end of its financial year, a private limited company must prepare full annual accounts and a company tax return. The deadline for filing the first set of accounts with Companies House is 21 months after the date the company was registered with Companies...
by admin | Feb 6, 2019 | Corporate Governance & Regulation |
Any property, cash and other asset owned by a company when it is dissolved automatically passes to the Crown as ownerless property. This process is known as ‘bona vacantia’ which literally means vacant goods. The bodies that deal with bona vacantia claims...
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