FAQ

How long does it take to change company name?
How long does it take to change company name? The process normally takes a few hours. https://www.123formations.co.uk/formations_bundles/
Fri, 4 Oct, 2019 at 9:05 PM
What is SIC code?
This is a five-digit Standard Industrial Classification code that helps identify what type of business a company does.
Wed, 25 Sep, 2019 at 4:53 PM
If a type of my business activity has changed?
You must notify Companies House and change your SIC code when filing your Confirmation Statement.
Wed, 25 Sep, 2019 at 4:54 PM
What is ARD?
It is abbreviation of Accounting Reference Date - the end of financial year of a company. A company must submit its annual financial accounts up to this dat...
Fri, 4 Oct, 2019 at 9:04 PM
Multiple share classes
Limited companies use multiple share classes because it enables to retain different shareholder rights within the same company. https://www.123formations...
Fri, 4 Oct, 2019 at 9:03 PM
What means Prescribed Particulars?
Prescribed Particulars describe the rights attached to the issued shares.
Wed, 25 Sep, 2019 at 5:37 PM
What is company dissolution?
If you no longer need your limited company you can voluntarily close the company. The process is referred to as dissolution.Usually it takes approximately 2...
Wed, 25 Sep, 2019 at 5:38 PM
Company restoration
You can apply to Companies House to get your dissolved company back. This process is known as “administrative restoration”. You need to meet certain conditi...
Fri, 4 Oct, 2019 at 9:03 PM
Being a “dormant” company
A company can be classified as dormant if it is not trading and not having any financial relationships with third parties. While you are not trading you don...
Fri, 4 Oct, 2019 at 9:04 PM
Acceptable forms of proof of ID and address
All UK residents and non-UK residents will be required to provide certified ID and proof of address documents as follows: Proof of ID • Passport • Dri...
Mon, 30 Sep, 2019 at 3:14 PM