Recent content by sid999

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    Closing a Dormany Ltd Company

    Hi, I have a dormant company that hasn't traded since being registered and I need to close it down. From reading forums, the government website, etc, it appears that sending a DS01 form to Companies House and HMRC is all that is required. Before going ahead with this I wanted to ask if this is...
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    Using the name of a dormant company

    So using the name would be using it more as a trademark and the company would remain dormant? The ultimate aim is to have the free app/website associated with the company name and if it were in a position to generate a revenue in the future, then I would declare the company as active and any...
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    Using the name of a dormant company

    Hi, First let me set the scenario. Right now I am coming to the end of a mobile/web application I've been developing for some time. When published this application will be available for free and, at least for now, will generate no revenue. All expenses for running the site, etc, will be paid...
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    Being unemployed and working for a dormant company

    Just a quick update in case if its of use for anyone else. I spoke to HMRC and if I left I would be classed as unemployed and although I am a director of the company and I am not employee because the company is not trading and I'm not paying myself a salary. Also, each month I am not working I...
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    Being unemployed and working for a dormant company

    Thank you all for your help. I tried to speak with HMRC earlier, but they were closed :mad:, but I'm planning on calling them tomorrow and work out which is the best option. Thanks again.
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    Being unemployed and working for a dormant company

    Would I be right in thinking that being self-employed/employed as part of the dormant company really affects NI contributions? With NI aside, if I were to quit and start working on the idea without informing anyone, i.e. job centre, hmrc, etc, then I would essentially just be unemployed and...
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    Being unemployed and working for a dormant company

    No harm done Talay :) and thanks for the advice. I spoke to someone at the Business Link last night and got phone numbers for some business organisations. When I speak to them I will bring up the possibility of the tax relief options.
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    Being unemployed and working for a dormant company

    Thank you all for your help. It does not make sense to keep working while getting things up and running, but working on it during my spare time could mean it will take some time to develop (there is a LOT to do...as always :) ), but I will keep it in mind. I am also looking into doing...
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    Being unemployed and working for a dormant company

    Hi George, If I was to self-employed, but working on the product using my savings for day-to-day living, would I be right in thinking I would not have to pay any NI because I am essentially making no money? Regards
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    Being unemployed and working for a dormant company

    I was referring to grants, business support, etc, and after looking at the directgov website I have read that there is a very good chance of not receiving any benefits after leaving employment for no valid reason. As I stated I will be using my own savings, but I plan on using that to live on...
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    Being unemployed and working for a dormant company

    Hi, I'm not sure if this is the right place to ask this question, but people have been helpful so far, so I'll ask anyway. :) I have setup a dormant company and I am currently in full-time employment. I am thinking of quitting my job and working on my business idea rather than working evenings...
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    Business Occupation when registering a company

    Hi I am about to register a company and when entering the director details it is asking for a "Business Occupation". What should I put here? The company will be dormant, so I won't really be doing anything with it. Should I put "Director" or "None"? I tried leaving it blank, but it's a...
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    Personal software for business use

    Hi, I am currently in the process of setting up a dormant company and while the company is dormant I am developing software during my spare time that will ultimately form the basis of the company. I need to buy some development tools, but these would be bought by myself using my own money...
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    Registered office services

    I am still looking at the moment. Trying to find a service that provides a registered office and mail forwarding for a decent price.
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    Registered office services

    The web address is "smallfirmsservices.com" and the £40 is for using their address as the registered address. I have emailed them asking about using it also as the service address and what charges they use for forwarding on mail not from Companies House and HMRC.
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