What is a dormant company?
Your company may be considered dormant if it is not currently carrying out any business and it does not have any other sources of income, including investment income.…
What types of share can a company have?
Most companies only ever have one type of share (or class of share). The shares are commonly called ordinary shares and will be the ones the company was incorporated with. The typical rights that go with ordinary shares (and…
When should you file form SH01?
When shares are allotted the directors must remember to file form SH01 (otherwise known as a return of allotment of shares) at Companies House.…
What should be included in a shareholders’ agreement?
We’ve written separately to explain what a shareholders’ agreement is and when it’s appropriate to have one in place. This article sets out some of the practicalities of putting a shareholders’ agreement in…
When might you want enhanced articles of association?
The Articles of Association are the written rules that govern how a company is run, governed and owned. Every company must have them. In an earlier article we explained in detail some of the key provisions you would expect to…
How to create a new share class
It is quite straightforward to create a new share class so that a company has multiple share classes in existence. A company can either create a new share class in addition to an existing class or split an existing share class…
2019 Review
of UK Company Formations
Read our comprehensive review of UK company formations in 2018, 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
