July 2018 - Inform Direct

Types of limited company accounts and the details they should include

Published in Company records on July 26, 2018 by Jayne Challinor

Every year, companies must prepare statutory accounts for their members and must also file a version of these with Companies House. However, dependent upon the type and size of the company, different limited company accounts…

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Tags: accounting, small companies, statutory accounts, company size, micro entities, medium companies, large companies

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Redemption of shares explained

Published in Shares and shareholders on July 25, 2018 by Philip Newman

A company can have different types of shares depending on its capital requirements. All companies will have a type of ordinary share, which are non-redeemable (sometimes referred to as irredeemable) shares with full voting…

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Tags: shares, shareholders, redemption of shares, share redemption

Using capital for a redemption or purchase of own shares

Published in Shares and shareholders on July 25, 2018 by Philip Newman

When a private company wants to complete a share redemption or purchase of own shares it is initially required to use its existing distributable profits or the proceeds of a new issue. In some cases there might not be…

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Tags: shares, shareholders, redemption of shares, share redemption

Share split and subdivision explained

Published in Shares and shareholders on July 12, 2018 by Philip Newman

Companies will do a share split, whereby each share is subdivided into two or more shares. This means that each shareholder will have more shares but each share will have a lower nominal value.…

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Tags: shares, shareholders, share split

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Inform Direct product update – July 2018

Published in Inform Direct news on July 4, 2018 by Johnathan Korchak

Following swiftly on from the update for shares and shareholders last week, we’ve just released some further enhancements to help users manage PSCs for their own company or their clients.…

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Tags: Inform Direct, company documents, PSCs

Monthly Archives: July 2018