LLP Designated Members

LLPs must have at least two “designated members”. These are the people responsible for: Appointing an auditor (if one is needed) Signing the accounts on behalf of the members Delivering the accounts to Companies House Notifying Companies House of any changes to the membership, registered office or name of the LLP Preparing, signing and delivering… Read more »

LTD or LLP

When you are starting out in business, you have two options: to register as a private limited company (LTD) or as a limited liability partnership (LLP). Whichever you choose, the point is that you are limiting your liability should the company get into financial trouble. Historically, “the professions” (lawyers, accountants, etc.) could not register private… Read more »