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The Blog

Late filing penalties for limited companies

Posted by 1st Formations on Feb 8, 2017 in Company Documents | 0 comments

Late filing penalties for limited company

If you work as a contractor, freelancer or small business owner in the UK, it’s incredibly important to keep track of your filing and payment deadlines, as well as changing tax rates and thresholds. Sole traders only have to report to HMRC, which makes life relatively straightforward. Limited companies, however, have much more to contend

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Impact of Brexit on UK limited companies

Posted by 1st Formations on Sep 21, 2016 in General Interest | 0 comments

Impact of Brexit on UK limited companies

Since the results of Brexit were announced, we have received a number of enquiries from concerned clients and prospective company owners who are worried about their future options and success. We’re all a bit in the dark here, and no one knows for certain what’s going to happen during and after the negations. However, we

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An introduction to the register of People with Significant Control

Posted by 1st Formations on Jul 5, 2016 in Companies House | 0 comments

Register of Person with Significant Control

The requirement to keep a register of people with significant control, or ‘PSC register’, was introduced on 6th April 2016. Since that date, all UK private limited companies, limited liability partnerships (LLPs) and Societas Europaea (SEs) are legally required to maintain a statutory register with information about the people who have significant control or influence

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The Confirmation Statement explained

Posted by 1st Formations on Jul 5, 2016 in Confirmation statement | 0 comments


The annual confirmation statement is a new filing requirement that was introduced on 30th June 2016. It has replaced the annual return (Companies House form AR01) but serves exactly the same purpose in a simplified format. All private limited companies and limited liability partnerships (LLPs) registered in the United Kingdom must deliver at a confirmation

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