Limited Companies are their own separate entity and the owners are Directors of it. It can be owned by one single director or multiple directors and as they are slightly removed from the company, it can give added protection, should things go wrong (assuming nothing fraudulent has taken place).
There are more deadlines and reporting that needs to be completed throughout the year and accounts need to be submitted to both Companies House and HMRC at different times of the year.
- End of Year Accounts
- Corporation Tax Return
- Self Assessment Tax Return (for two directors)
- Bi Annual/Quarterly Review
Prices start from £50 per month on the OMB Growing Business Plan or £62.50 for more established or larger limited companies on our OMB Working Business Plan