accounting Archives - Inform Direct

What is an ERN (PAYE Reference Number) and why do I need it?

Published in Business finance on April 24, 2024 by Johnathan Korchak

An ERN (Employer Reference Number) is issued to every UK company that registers as an employer. It is also referred to as a PAYE reference number because it is used as a unique identifier by HMRC when processing payroll…

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Tags: accounting, company records, employment, HMRC, PAYE

Inform Direct product update – January 2023

Published in Inform Direct news on January 12, 2023 by Jayne Challinor

Responding to customer requests, we’ve just extended our micro-entity accounts feature so that it is now also available to companies limited by guarantee. Using our streamlined flow it’s simple to prepare fully compliant…

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Tags: accounting, annual accounts, Companies House, Inform Direct, micro entities, news, statutory accounts

Micro-entity accounts: your questions answered

Published in Company records on June 6, 2022 by Jayne Challinor

A micro-entity is a very small company or LLP. We will define the criteria for micro-entity status below. Micro-entities may be able to produce a much simpler set of year end accounts for their members and provide less…

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Tags: accounting, annual accounts, Companies House, company size, micro entities, statutory accounts

What is a dormant company?

Published in Business finance on May 29, 2022 by Henry Catchpole

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…

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Tags: accounting, accounts, company types, dormant companies

How to calculate company size for year end accounts preparation

Published in Company records on August 3, 2018 by Jayne Challinor

The Companies Act 2006 may allow you to prepare and file a simpler set of year end accounts, dependent upon your company’s size. But how do you determine what size your company is for the purposes of accounts preparation?…

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

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, company size, large companies, medium companies, micro entities, small companies, statutory accounts

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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

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