Shares and shareholders
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…
How to forfeit shares
Forfeiture of shares is where the shareholder loses their entitlement to them as well as all rights under them. Shares are forfeited when a shareholder fails to meet an obligation under which the shares were issued to that…
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.…
Things to consider before issuing new shares in a UK limited company
Raising money for a company by issuing shares can open up a lot of opportunities. However, not all expanding companies will want to allot further shares, and often businesses can meet their objectives in other ways or raise…
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