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If you run a limited company or are thinking about starting one, 2025 was a significant year for Companies House. The changes were not just minor rule tweaks; they marked the beginning of a new approach to how the UK tracks who owns and runs companies. The aim is simple to say, even if the law...
Hello everyone, looking for input from anyone with CIC experience especially around asset lock rules and director’s loans.
I’m advising (but not acting for) a contact who’s planning to close his CIC. It holds around £40k in assets after depreciation and owes the director £50k in director’s loan...
Companies House is rolling out new identity verification requirements for directors and Persons with Significant Control (PSCs) to enhance the integrity of the UK's corporate register and tackle economic crime. These changes are part of the Economic Crime and Corporate Transparency Act 2023...
Good evening.
I’ll try and keep this brief. We had to put our limited company (2 directors) into liquidation at the beginning of 2023. Accounts were done and submitted for beginning 2021 and done but not submitted for beginning of 2022. The most recent accounts (not submitted)had a OD DLA £4k...
Hi Forum!
I’ve recently joined after registering my business as a Limited Company. I’d like to routinely add funds to my business account form my salary at my other job while I build up my available funds in the business.
I’ve seen threads regarding Directors loans and a Directors Account and...
I used a third party service to register a new ltd company in the UK.
When filling out the setup form it asked me for two addresses.
1 - Registered office address
I entered a virtual office address which I paid for.
2 - Trading / personal address
I entered my home address.
For my address my...
Hi,
I am non share holding director of an SME. I have been asked by one of the shareholders to sign as a PG on A loan. For context, there are 2 shareholders. One is retired so is not signing as a PG. I have a locked price on 20% of his shares and I have 3 years to buy them. I can do this using...
I’m particularly interested in how to introduce innovative tech solutions that enhance employee engagement and improve the visibility of their benefits. At Aetas Partners, we offer a platform specifically designed to help organisations with these challenges by providing tools that not only...
Hello, Im pretty desperate and wondered if anyone could help me. I liquidated company, (child is disabled and I'm unable to continue operating business), I am advised by liquidators that there is an outstanding directors loan account and I have been asked to complete an income/expenditure form...
Can the 3 directors use the rewards from our company credit card without a tax implication.
example - air miles gained through purchases of business needs, transferred to company directors to use for holidays etc.
When Airport_Rover was asked by the shareholders of a struggling company to become a temporary director, he came to UK Business Forums to ask in this thread for advice on whether it was something he should agree to.
Although the general sentiment was that bringing in a Turnaround Specialist was...