Company Definitions

Clifford McDowell

Registered Societies Prefixes and Suffixes

Registered Societies Prefixes and Suffixes as regulated and maintained by the Financial Conduct Authority (FCA).

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Clifford McDowell

Definition of a Mutual Society

So, what is the Definition of a Mutual Society? Mutual societies can be defined as being owned and democratically controlled by their members,

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Clifford McDowell

Companies House Prefix RC (Royal Charter)

The Companies House Prefix RC refers to Royal Charters as granted by the sovereign based on the advice of the Privy Council.

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Clifford McDowell

Companies Excluded from Companies House Register Filings

Due to the nature of their structure, some Companies are Excluded from filing their accounts with Companies House, this includes Royal Charters.

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Clifford McDowell

Definition of a Subsidiary

A company is defined as a “subsidiary” of another company, if it is controlled by a 'holding', or parent company as defined in the Companies Act 2006

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Clifford McDowell

Definition of a Community Interest Company (CIC)

What is the definition of a Community Interest Company (CIC) and how do they differ to Registered Charities or Social Enterprises?

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Clifford McDowell

Definition of a Sole Trader for Accounting Purposes

A simple definition of a sole trader is someone who runs their own business as an individual earning in excess of £1,000 a year.

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Clifford McDowell

Definition of a Small Group of Companies

To qualify as small, a group of companies must meet at least two out of three conditions based on turnover, balance sheet and number of employees.

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Clifford McDowell

Definition of a partnership for accounting purposes

Definition of a partnership for accounting purposes. A qualifying partnership for accounting purposes comes down to several important criteria.

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Clifford McDowell

Definition of a Micro-Entity for UK Accounting Purposes

Definition of a Micro-Entity for accounting purposes. Micro entiities disclose less information than Small, Medium and Large companies when filing.

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Clifford McDowell

Definition of a medium sized company for accounting purposes

The definition of a medium sized company is based on two of three conditions being met. These are set by the Companies House Act of 2006.

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Clifford McDowell

Definition of a Small Company for UK Accounting Purposes

Definition of a small company for accounting purposes. Small companies disclose less information than medium and large companies for accounting purposes.

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