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Recent activity by Made Simple Group-
How do I choose and register a company name?
Choosing a company name When choosing your company name, you want to make sure the company name is not too similar to another whilst also remaining professional and avoiding any offensive terms. Ch...
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Do I need a business bank account?
There is no legal obligation for a limited company to open a business bank account but it is highly recommended for some of the following reasons; Legal and Financial Clarity: A limited company is ...
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Do I have to be in the UK to form a company?
You can form a UK Limited company, even if you do not live in the UK or if you're a non-UK national. The director and shareholders can be of any nationality and live anywhere in the world. A UK lim...
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Will my address be publicly available?
UK company officers will be required to provide 2 addresses to Companies House upon forming a limited company. They must provide a residential address and a correspondence/ service address. The res...
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Can I register a company on my own?
Yes, you can register a UK limited company on your own. A UK limited company can be set up with just one person who acts as both the sole director (runs the business) and the sole shareholder (owns...
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How many shares do I need to issue?
A limited company must issue a minimum of one share. If there is more than one shareholder, at least one share must be issued to each shareholder. However, many companies choose to issue more than ...
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Do I need to appoint a director for my company?
Yes, every UK limited company is legally required to appoint at least one director. The director must be a real person (not a company) and at least 16 years old. They are responsible for managing t...
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Why should I form a limited company?
There are many benefits to forming a limited company, the main reason would be to provide protection on your personal assets and finances as they are kept separate to the company's assets and debts...
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What type of company structure is most commonly chosen by UK businesses?
The most common company structure for UK businesses are companies Limited by Shares. Most "for-profit" businesses in the UK are setup with this structure. This structure is popular because it offe...
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What is a company Limited by Shares?
A company Limited by Shares is the most popular type of limited company. They are owned by shareholders and have liability based on the value of the shares issued in the company; personal assets ar...