Private Limited Company

Keeping and filing necessary records.

Trading as a limited company helps protect your liability and providing you take care and avoid personally guarantying; protects your personal assets from any potential company debt.

Limited companies can be regarded as more reliable and secure than other non-limited companies as records have to be kept at Companies House. Processes have to be followed and company trading documentation and accounts are required to be kept in order.

Credit and loans can be applied for in the Limited Companies name; and as a requirement keeping correct and accurate available records can significantly assist.

When a Private Limited Company is incorporated; as director you should ensure certain documentation and records are provided, for example:

• » Certificate of incorporation
• » First and second meeting minutes
• » Certificate of non-trading
• » Memorandum & articles of association
• » Share certificates

As your company trades, records are required to be filed with for example Companies House, on an annual basis. Other records require filing as requested or for change of company circumstances etc.

Remembering such, and ensuring these requirements are met can be become easily over sited whilst conducting your companies business, and as such penalty fines can be incurred.

Free your mind and time to pursue your company business ventures and we will assist with these formalities.

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