Small Business Support

Limited Company

A limited company is incorporated at Companies House and has a strict annual filing regime. Annual Accounts must be filed and a Confirmation Statement detailing the Directors and Shareholders must also be submitted every year. This means that financial information is publically available (although the abbreviated accounts you file as an SME don’t contain details of your company’s sales, expenses or directors remuneration).

The most important aspect of limited liability companies is that they exist separately to their directors. If the business fails, the directors’ liability is limited to the total value of their equity share capital.

Want more information about setting up as a limited company? Get in touch for a chat about your next step.

Interested? Compare our packages Packages

Other small business support services

Call us on 0131 220 0152 or complete the enquiry form

We are a team of award winning Chartered Management Accountants based in Edinburgh. We are cloud accounting and tax specialists helping businesses and contractors in the technology and food & drink sectors across Edinburgh and the Lothians. Your Tech-Savvy Edinburgh Accountants since 2007.