Most UK companies must keep a Register of People with Significant Control. In this article, we look at the type of process a company should follow to put together its PSC register and share a number of useful templates that can be…
Admitting a new member of a company limited by guarantee
Many companies limited by guarantee, particularly clubs and similar associations, will regularly receive applications and accept new members. In other companies, like property management companies for small blocks of flats,…
Should a company limited by guarantee issue a membership certificate?
There is no legal obligation for a company limited by guarantee – whether a club, flat management company or other membership organisation – to issue a membership certificate when admitting new members. But, akin to share…
What is a company subscriber?
A subscriber is one of the initial shareholders in a private limited company. They are called subscribers because, as part of the company formation process, they subscribe to the company’s memorandum of association.…
What is a company’s UTR (unique taxpayer reference)?
A company’s unique taxpayer reference is a 10 digit number issued to all new limited companies. This code is often abbreviated to UTR and is otherwise known as a corporation tax reference or just tax reference. It is used by…
London is now home to over 1 million companies
The total number of companies registered in London rose above 1 million for the first time during September, up over 50,000 from the end of 2014. It means that well over a quarter of UK companies have their registered office…
2024 Review
of UK Company Formations
Read our comprehensive review of UK company formations in 2023, year-on-year growth rates and breakdown by county. This detailed insight is provided in the form of easy to understand infographics available for sharing through social media and on your own website