This post follows on from an earlier post about the difference between a company, a business, and trading name. It will compare the option of combining all businesses into one limited company, with having a separate company for each business.
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The background to closing down a limited company, and an outline of the steps needed in a straightforward case.
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Where a person is planning on running more than one business, he often wants to know whether he can run them all under one limited company, or whether it is better to have a different company for each business.
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As part of the phased implementation of the Companies Act 2006, the dates by which small limited companies must file their accounts at Companies House are changing. These changes apply to all accounting periods that start on 6 April 2008 or later.
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As investing in buy-to-let rental properties has become more popular, we are often asked whether it is better to own such properties personally or through a limited company.
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The rules that explain how a company’s accounting periods are set under the Companies Act, and how the annual accounting date for accounts can be changed.
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From 6 April 2008, private limited companies no longer need to have a company secretary appointed.
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It has come to our attention that random limited companies are being targeted by identity fraudsters. Their usual tactic is to file Companies House documents which change the company’s registered office and directors.
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Limited companies should be aware of new rules regarding the disclosure of company information, which came into force today.