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Post Info TOPIC: Starting up a Limited Co


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Starting up a Limited Co
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Hi,

I am helping a friend start up a company, they are unsure whether to have 'LTD' or 'Limited' on their business cards/headed Paper or not to have it at all?

Is is a requirement to have either or not ltd on the headed paperwork/cards etc?

I have noticed that some companies have the fact that they are Ltd on their business cards whilst some don't.

What are peoples oppinions on this?  I am not Ltd so hence its not cropped up in conversation before.

 

thanks



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Amanda



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Hi Amanda,

Unfortunately there are different requirements for headed paper for limited companies, partnerships and sole traders, this is a good link: http://www.startups.co.uk/letterhead-legal-requirements.html

I can't find anything about business cards, but I've never heard of anyone being prosecuted for having the wrong information on a business card (excluding blatant fraud). Perhaps a phone call to a local printer would help, they generally know what they're talking about.

Kris

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Yes, generally you need to put ltd or limited on the headed paper (although, if you are "t/a", the limited company details are sometimes hidden in small print at the bottom.)

-full company name
-company number and place of registration (eg "England & Wales")
-registered address
-if listing the directors' names, then you need to list all of them or none at all.


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Expert

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Thanks Kris and Louise I'll let them know.

cheers

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Amanda

gbm


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If you are limited, you also need to state this on your website and emails.

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Regards,
Nick

Website: www.gbmaccounts.co.uk
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Factsheet | Starting a Business

 



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And as so much detail is available online don't forget to get your client to protect their corporate identity by signing up for the companies house PROOF scheme.

kind regards,

Shaun.

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.



Expert

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Thanks for that Shaun. I'd never heard of that particular service. Seems a good one to know.

Kris

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BKN Most Innovative Accountancy Firm 2012

Director and Co-Founder of The Bookkeepers Alliance

 



Expert

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I didn't know about that one either Shaun, what is it exactly???

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Amanda



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Hi Amanda, Kris,

PROtected Online Filing

here's a link to the CH introduction :

http://www.companieshouse.gov.uk/infoAndGuide/proof.shtml

Its basically to stop criminals coming along and changing directors details and company addresses in order to take out loans in the name of companies that in reality they have nothing to do with.

And the really good thing is that it's completely free so everyone should be signed up for it.

kind regards,

Shaun.

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Shaun

Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.

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