This afternoon I have an appointment with a prospective client, who is a director of a limited company and he wants me to do the bookkeeping & management accounts for it. Up until now all of my clients have been self employed sole traders so MLR has been relatively straightforward. For this client I was thinking of obtaining business name, address & company registration number (which I would then prove through companies house), copy of the bank statement for ltd company. names, addresses and proof of ID's (passport and/or driving licence) for all directors.
I think so long as you verify the identities of the Directors and shareholders, the company details and banking arrangements, you should be fine.
One area that could be questioned is that of funding for the company. Any funds put into the company need to be ascertained, so if a loan was taken out from a bank, thats easy, but if a Director put in money as a loan, where did the money come from?
Can you do a credit check on the co? pm me if you want me to check on a co.
