Running a limited company gives business owners several ways of taking money from their business.Salary and dividends are the most familiar, but they are not the only possibilities. The tax consequences can also be quite different, which means simply transferring money from the company bank account when you need it is rarely the best approach.Taking…
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Sales are up – so why is there no money?
It is one of the more frustrating situations for a business owner.Sales are increasing, everyone seems busy and there is plenty of work coming through the door. Yet the bank balance does not seem to improve, and, in some cases, cash becomes even tighter as the business grows.The problem is that increasing sales does not…
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Could your business survive three months without you?
Imagine that tomorrow morning you were suddenly unable to work.Not permanently, but for three months.Could your business continue operating normally without you?For many owner-managed businesses, the answer is less certain than the owner might like to believe. The business may employ capable people, have established customers and generate healthy profits, but important knowledge, authority and…
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Companies House identity verification – Is your deadline approaching?
Companies House identity verification is now part of the compliance responsibilities of UK companies. If you are a company director or person with significant control, it is important to understand when you need to verify and what happens afterwards.Mandatory identity verification was introduced from 18 November 2025. However, this did not mean that every existing…
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