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Company Formations / November 4th 2014
Can I Change my Company's Memorandum of Association?
Generally, since the Companies Act 2006 was introduced the memorandum of association cannot be altered and is a purely historical document. A memorandum of association is filed with Companies House along with the company's articles of association during the formation of a company. The purpose of the memorandum of association is to show the subscribers' intention to form a company and become a member of the company when it is formed. For companies limited by shares the memorandum of association evidences the first shareholders' intention to take and pay for the number of shares indicated within the memorandum. Previously the memorandum of association held important information relating to how the company was run, such as listing the company's objects. This meant that if for example the objects of the company needed to be changed, the memorandum of association would be amended. However since the changes brought about by the Companies Act 2006 most of the changeable provisions that were previously held within the memorandum are now contained within the company's articles of association. As such companies formed under the Companies Act 2006 will not be able to amend their memorandum of association. If you require assistance with incorporating a new company or amending your articles of association please Contact Us for more information.
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Generally, since the Companies Act 2006 was introduced the memorandum of association cannot be altered and is a purely historical document. A memorandum of association is filed with Companies House along with the company's articles of association
Company Formations / June 12th 2014
Do I Need a Trading Certificate?
Before trading, all public limited companies (PLCs) will need to apply for a trading certificate. Private limited companies (Ltds) do not need to apply for a trading certificate and are therefore able to trade as soon as a certificate of incorporatio
Company Formations / May 20th 2014
Choosing your Service Address
When incorporating a new company you will be asked to supply a service address for the company's directors. Similarly, when completing the Annual Return for an existing company, Companies House require that the service address be confirmed for all
Company Formations / January 17th 2014
Roles within a limited company
Within a limited company, there are different roles which have certain responsibilities and duties. Private limited companies must have at least one director and one shareholder. The term 'Company Officers' refers to the company secretary and/ or
Company Formations / November 26th 2013
For companies with creative assets, it is important to consider intellectual property rights after incorporation. All creative assets with recognised rights are known as intellectual property. Some examples include: music pictures techn
Company Formations / November 21st 2013
Limited company shares
When setting up a company limited by shares (Ltd) there are many elements to consider, such as the company name, directors, the company secretary, setting up a business bank account, the company's premises, tax, who the shareholders will be and sha
Business Bank Account – Do I need one?
You will most likely need to open a business bank account if you decide to set up a company as personal finances must be kept separate from business finances. Without a separate bank account for your business transactions, your personal and company m
Company Formations / September 20th 2013
Every UK Limited company requires a UK registered office address. This is the address recorded with Companies House which is publically available on their database and receives the company's correspondence. You may want to consider the implicati