The ownership of limited companies can change at any time. It happens whenever new members (shareholders or guarantors) join a company or when existing members leave. Below, we explain how to add company shareholders after incorporation and how to record and report such changes.
We offer a professional service for clients who wish to appoint or resign directors, including the filing of the Companies House forms and all other paperwork necessary to keep your company records up-to-date and compliant.
You must tell Companies House if you change your company’s:
- Directors and company secretaries, including changes to their details
- Type, for example becoming a public limited company or unlimited company
- Share, for example issuing new shares or changing your share structure
- Constitution and articles of association - how your company is run
- Mortgages and loan guarantees (sometimes called ‘charges’), for example if the company takes out a secured loan
- You may need your company’s agreement before you can make some changes.
You may also need to tell HM Revenue and Customs (HMRC) about company changes.
You must tell Companies House within 14 days if you make changes to:
- Where you keep your company records
- Your directors, or their personal details change, for example their address
- Company secretaries
You must tell Companies House within 15 days if you make changes to your constitution or articles of association.
You must tell Companies House within a month if you issue more shares in your company.
You must tell Companies House all other changes within 21 days.
Official Website: HMRC