What is a sole trader?
A sole trader is a self-employed person who owns and runs their own business as an individual. A sole trader business doesn’t have any legal identity separate to its owner, leading many to say that as a sole trader you are…
Business management
What is a limited partnership?
Partnerships differ from other business types like sole traders and limited companies and a limited partnership shares only some of the features of a general partnership and a Limited Liability Partnership. A limited partnership,…
How to apply for administrative restoration
Company restoration is the process by which a dissolved company can be restored to the company register. From 1 October 2009, under section 1024 of the Companies Act 2006, there is a new provision for the restoration of a…
What is a company limited by guarantee?
A private company limited by guarantee is a form of business structure often used by non-profit organisations, clubs, co-operatives, social enterprises, community projects, membership organisations and charities. Set up to serve…
How to strike off a limited company
Sometimes a company is no longer required. It may have had a glorious past or it may never have traded. Although in many cases there may be reasons to maintain the company as a dormant company, the directors may instead feel…
Disadvantages of a Sole Trader
We’ve already looked at the advantages of operating as a sole trader, but there are also important disadvantages that come with sole trader status. It’s for those reasons, and the advantages of incorporating your business,…
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
