Mint Formations Blog

How to Close a Limited Company in the UK

Are you looking to close a limited company? This quick and easy guide will answer all your questions about how to close a limited company in the UK — and take you through the essential steps to complete the process. GOV.UK defines a limited company as “a company limited by shares or limited by guarantee”.… Continue reading How to Close a Limited Company in the UK

How to File a Confirmation Statement

If you’re a business owner, you’ll have to file a confirmation statement! This article defines what a confirmation statement is — and how to submit one. All companies MUST complete a confirmation statement — whether they are a limited company in a remote UK village, or use a registered office address in London. What Is… Continue reading How to File a Confirmation Statement

What Is a Dormant Company?

There are several reasons why a company may be dormant. This article defines what it means to have a “dormant company” — and the various implications attached to one.   The Definition of a Dormant Company A dormant company is a company that has ceased trading and does not receive any form of income —… Continue reading What Is a Dormant Company?

10 Questions to Ask Before You Start a Business

10 Questions to Ask Before You Start a Business Before you start a business, it’s vital to know whether you have a scalable and sustainable business idea. Answer the following 10 questions to help you decide whether your current business idea is worth launching. It goes without saying, but issues such as obtaining a domain… Continue reading 10 Questions to Ask Before You Start a Business

10 Things You Should Know about Setting up a Limited Company

10 Things You Should Know about Setting up a Limited Company Once you’ve learned how to set up a business and you’ve made the decision to register your start-up as a limited company, there are 10 important things to take into account. We outline what they are. To set up your business as a limited… Continue reading 10 Things You Should Know about Setting up a Limited Company

The Top 5 Questions Your Business Plan Should Answer

Businesswoman holding onto a tall stack of office bidners

Whether you’re trying to reach a personal fitness target or want to travel across the world, a detailed plan is the main factor that determines whether you reach your business goal or not — when it comes to business, an effective business plan determines its success and future potential.  But before you write a good… Continue reading The Top 5 Questions Your Business Plan Should Answer