The Economic Crime and Corporate Transparency Act 2023 (ECCTA) is now law and will have significant impact on how companies interact with Companies House. Here we give a summary of how it will most directly affect the running of…
What is PROOF at Companies House?
Protected online filing (PROOF) is a free service provided by Companies House designed to prevent fraudulent paper filings and corporate identity theft. It stops the filing of certain paper forms that fraudsters could use to…
B Corp certification: how to change your articles of association
An increasing number of companies are looking to achieve B Corp Certification. One component of this requires the addition of a ‘legal requirement’ to the company’s articles of association. This consists of some fixed…
Shareholder vs. member: what’s the difference?
The words ‘shareholders’ and ‘members’ of a limited company are often used interchangeably, and in many cases that’s fine. Both terms refer to individuals or entities with a financial and/or legal interest in the…
How to reclassify shares
We have written previously about why a company might want to add new share classes, e.g. changing some or all of a company’s ordinary shares to A and B shares (alphabet shares). That post can be found here: Why might a company…
What is a balance sheet?
A balance sheet is a key financial statement that provides a snapshot of a company’s financial position at a specific point in time. An alternative name for it is a ‘statement of financial position’. In…
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