As a limited company you will need to produce accounts on an annual basis in statutory format.
If you have a limited company with a turnover in excess of £6,500,000 per year your company will require an audit.
Many business owners forget the importance of good planning financially and don’t know how their business is doing until the annual results come out up to 10 months after the year end.
If you are thinking about starting your business as a limited company or switching your business from a sole trader or partnership to a limited company, you will need to consider all of the legal issues involved.
