Category Archives: Company Formation

76% of UK Businesses Don’t Employ Anyone

The latest figures from the Office for National Statistics (ONS) show that the trend towards self-employments, contracting and freelance work is continuing. The latest figures for 2015 show that there are 5.4 million businesses in the UK. 1.3 million of them employ more than one person but the remaining 4.1 million businesses don’t employ anyone […]

What is really driving the growth in new UK companies?

We recently blogged about the reports that appear on an almost weekly basis about the number of new companies being formed in the UK. Most of these reports use the same dodgy stats to announce that there are a record breaking number of new businesses starting in the UK. This is normally trumpeted as a […]

New Changes to UK Limited Companies Procedures

The next phase of The Small Business, Enterprise and Employment Act comes into force on 10th October 2015. The act is intended to reduce the red tape around running a business in the UK while also increasing transparency. There are three main changes coming into force in October, none of them are hugely dramatic. Rather they […]

What is a Holding Company?

Earlier this week Google announced that they are re-organising their business by forming a holding company called Alphabet. Holding companies are a pretty common way to organise large businesses but can also be useful for smaller organisations. Google’s main motivation for forming a holding company was to give it’s investors a better idea of what […]

Summer Budget Targets Contractors and Agency Workers

One of the biggest drivers of new limited company formations in the past couple of years has been contractors and agency workers. The use of limited companies by highly paid and skilled consultants and IT contractors has been well established for a number of years. In part these kind of high earning contractors have worked […]

Most reports on the number of UK startups are rubbish

Another week, another report on the record number of UK startups. The latest one comes from the Centre for Entrepreneurs who are behind the Startup Britain campaign. It got quite a lot of attention including coverage in The Telegraph, on various business blogs and on social media. It’s claim that 600,000 new business are set […]

Intel Still Top of the Company Names Tribunal League Table

Intel continue to be the organisation most frequently using the UK Company Names Tribunal. The recently released figures for 2014/15 show they are launching more than double the number of challenges through the tribunal than their nearest rival. The top ten companies bringing challenges to The Company Name Tribunal in 2014/15 were: Applicant Challenges Intel […]

5 Startup Scams to Be Wary Of

Startups are as vulnerable to fraudulent activity as the most established businesses, in fact they’re arguably more so. The process required to get companies registered with Companies House and properly set up to begin trading makes them a prime target for scammers who are using increasingly sophisticated methods of deception. Many scams involve criminals pretending […]

Why Your Limited Company Needs a Registered Company Name, Address and Number

The requirement of limited companies in regards to the registration of a company name and address and where this information must be displayed is quite clear. Under section 351 of the Companies Act 1985 every limited company is legally obliged to display its full company name, registration number and registered address on all business correspondence […]