Some companies, although profitable, can have cash flow problems at times and therefore may become insolvent. There are two types of insolvency; balance sheet insolvency and cash flow insolvency. Balance sheet insolvency is when a company’s liabilities exceed the company’s assets. …
Company Formations Tips & Articles
News and articles from our business planning and start-up experts
Author Archive
13th May 2013 by NickWis
What is a Certificate of Incorporation?
The Certificate of Incorporation is the official and legal document given by Companies House, which states that your limited company is in existence. …
10th May 2013 by NickWis
Private Limited Company V Umbrella PAYE Company:
If you are a contractor thinking of forming a Private Limited Company you may have come across umbrella companies as well. Forming Limited Companies or umbrella companies both have their advantages and disadvantages. …
9th May 2013 by NickWis
Using the word ‘group’ in your company name during incorporation
Before incorporation can take place you will have to choose a name for the company as this is the first step of the company registration process. A lot of people choose to use ‘group’ as part of their company name for reasons such as sounding more professional or to show that is part of a larger number of businesses. …
7th May 2013 by NickWis
What information needs to be displayed on limited company stationery?
When you are forming a Limited Company you may also want to know what other rules apply post company formation. An important consideration is what information needs to be displayed on the company stationery. …
2nd May 2013 by NickWis
What is a shareholder?
Whilst you are in the process of forming a Limited Company you may be interested in knowing who can be a shareholder and the importance they will have in your company. A shareholder is a member of a Limited Company by shares. Shareholders play a very important role in the sustenance of a company. …
1st May 2013 by NickWis
Keeping company account records once you form your limited company:
Once you have formed your Private Limited Company you must recognise that there are several legal requirements which need to be met. Companies are legally obliged to keep sufficient financial records whether they have started trading or not so that annual accounts can be prepared at the end of each financial year. …
29th April 2013 by NickWis
Considering pre-emption rights when forming a Private Limited Company:
When it comes to forming a Limited Company, many people are concerned about how to issue shares in the company. Pre-emption rights are definitely a factor which needs to be considered before you incorporate your company and also when the company wishes to issue new shares.
25th April 2013 by NickWis
Using an accountants registered office during company formation
Whilst you are forming your Private Limited Company, a key consideration which needs to be taken into account is what registered office and service address will be used by the Limited Company. These addresses will be available on Companies House for public viewing when the company formation is complete. …
23rd April 2013 by NickWis
What is administrative restoration?
For many reasons, some clients may want to restore a Limited Company once it has been struck off the Register of Companies. An application for administrative restoration of a company can be made by the former directors or members (shareholders) of the company. …
- Limited company
- Electronic Memorandum & Articles of Association
- Electronic certificate of incorporation
- Electronic company register
- Bank account (if you need)
- Free consultation with a tax advisor or chartered accountant

