When viewed from the company’s perspective the consequences of the death of a director can range from inconsequential to catastrophic. In most cases, though, the amount of disruption to the business will lie somewhere between…
How to change a company’s articles of association
The articles of association form a vital part of a company’s constitution because they dictate how it governs itself. It is required under the Companies Act 2006 that every company have a written set of articles. In fact a…
What the Model Articles of Association don’t include
The articles of association are the written rules that govern how a company is run, governed and owned. Every company must have them. In another article we explain in detail some of the key provisions you would expect to see in…
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. This article explains what to do and what to avoid doing in…
10 advantages of setting up a limited company
There are currently over 5 million limited companies incorporated in the UK. Incorporation is often preferred to a sole trader or general partnership structure for one or more of the following reasons:…
How to record the furlough of a director
Following the coronavirus outbreak and with many businesses no longer able to trade, the Government launched the coronavirus job retention scheme (CJRS) which introduced provisions for companies to furlough employees. This…
2025 Review
of UK Company Formations
Read our comprehensive review of UK company formations in 2024, 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