incorporation Archives - Page 2 of 5

What is a limited company?

Published in Company formation on April 14, 2023 by Johnathan Korchak

A limited company is a form of business which is legally separate from its owners (typically shareholders) and those appointed to run it (directors). Its defining characteristic is limited liability, which we explain below.…

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Tags: business types, incorporation, limited company

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What is a company registration number (CRN)?

Published in Company records on August 16, 2022 by Johnathan Korchak

A CRN (company registration number) is a unique code that Companies House uses to help it quickly and correctly identify a company. A CRN is assigned upon incorporation, which means that limited companies and LLPs (limited…

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Tags: Companies House, company records, incorporation

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Standard Industrial Classification (SIC) codes explained

Published in Company records on July 28, 2022 by Johnathan Korchak

When incorporating a company in the UK, you have to choose at least one SIC code, and sometimes as many as four. SIC codes form a classification system that tells Companies House what the company does. It is a structured system…

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Tags: annual return, company records, confirmation statement, incorporation, sic codes

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10 advantages of setting up a limited company

Published in Company formation on March 2, 2022 by Henry Catchpole

There are currently over 5 million limited companies incorporated in the UK. Incorporation is often preferred to a sole trader or general partnership structure for one or more of the following reasons:…

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Tags: business types, incorporation

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Your company incorporation documents

Published in Company formation on May 25, 2021 by Jayne Challinor

Once Companies House has accepted your application to register a limited company you’ll have in your possession several important incorporation documents: the certificate of incorporation, memorandum of association and articles…

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Tags: accounting reference date, company records, incorporation

What to include in a company’s first board minutes

Published in Company formation on March 5, 2020 by Johnathan Korchak

Once your company has been incorporated, you should hold a board meeting with the directors of the new limited company. It’s best to do this within a month of the formation of the company. As with all board meetings, you’ll…

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Tags: incorporation, meetings, minutes

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2025 Review
of UK Company Formations

Read our comprehensive review of UK company formations in 2024, 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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