Where’s your Registered Office?

For many business owners, a registered office address can be an afterthought. Deciding on a suitable registered office address is a decision worth investing some time in.  Your brand image and corporate credibility are important and understanding the value of having the right business address can have a big impact.

A registered office address is a legal requirement of all limited companies and limited liability partnerships (LLPs) incorporated in the UK. Its purpose is to provide an official address for delivering statutory mail and legal notices.   It must be a full, physical postal address in the UK.

Your registered office is simply for receiving official mail and storing statutory records for inspection purposes.   The statutory records you must keep at a registered office address are:

• Register of members
• Register of company directors
• Register of secretaries
• Directors’ service contracts
• Directors’ indemnities – security against liability claims or legal costs
• Copies of resolutions
• Minutes of meeting
• Contracts relating to purchase of own shares
• Documents relating to redemption or purchase of own shares out of capital by private company
• Register of debenture holders
• Instruments creating charges and register of charges

These records may be kept in hardcopy format in a bound or loose-leaf book or they can be kept in digital format.

Your home address could be an obvious choice for your registered office; however, it is worth thinking about the pros and cons of this option before making a decision:

Pros:

• It won’t cost a great deal of money
• All correspondence will be sent to your home
• It is easily accessible

Cons:

• Your personal home address details will be publically available on Companies House
• If you lease the property, you may not be allowed to use the address as a registered office
• If your company gets into difficulty, creditors or offended customers will know where you reside
• Your home address might not give a professional impression – more likely to be perceived as an established, credible business if you have a professional registered office

PKB offer the use of their location as specialised registered office for other companies and LLPs. Your official company mail – letters, notifications and prompts from Companies House and HMRC will be collected and processed by us and sent to your home or other business address.  Our Beechey House address will be registered at Companies House as your official company address and listed on the public register.

The benefits of using the PKB registered office service:

• Your home address stays private, thus creating a clear line between work and home life
• We store your statutory records ready for inspection purposes
• Reminders for AR01 (Annual Return) would be sent to us, so you don’t need to worry about being chased
• Junk mail is handled and securely disposed of by us
• Legal company mail is forwarded to you free of charge, within the UK
• Improves your corporate identity
• Ideal solution for company owners living outside of the UK
• No need to change registered office if you relocate
• Solution for those whose tenancy agreement prohibits the use of their home as a registered office
• Simple and affordable solution

Talk to us today about using Beechey House as your registered office