Mohammed Akram, Author at Bowling & Co Solicitors

Countdown for companies on new accounting submission rules

Businesses have been given an extended deadline to prepare for major changes to the way company accounts are filed with Companies House, but advisers are warning against leaving preparation for the transition until the last minute. The reforms, introduced under the Economic Crime and Corporate Transparency Act 2023 (ECCTA), will take effect from April 2028 and will affect companies of all sizes but will be particularly significant for smaller businesses. For the first time, small companies and micro-entities will be required to file profit and loss accounts with Companies House,…

SMEs urged to review risks as liability rules expand

Businesses face wider accountability under new criminal liability rules The government’s drive to make companies more accountable for wrongdoing is moving beyond large corporates and into the SME sector. New rules taking effect this month will make it easier to prosecute all sizes of companies and partnerships where senior managers commit criminal offences while carrying out their duties on the organisation’s behalf. It means small and medium-sized businesses could find themselves on the front line for corporate criminal liability. From 29 June 2026, Section 250 of the Crime and Policing…

Selling a Business: The Key Legal Stages

April 23, 2026
Mohammed Akram
Property Market News, General News, Property Law

Deciding to sell your business is one of the most significant decisions you will ever make. Getting the process right requires careful planning, the right professional team, and a clear understanding of what lies ahead. From the first preparations to the final handover, the journey typically takes between three and six months, and the legal process is central to every stage. The preparations may take longer especially if a pre-sale reorganisation is required to hive-out the business and assets into an SPV whose shares are then to be sold. This…

Joint Ventures: What They Are and What to Consider Before Entering One

August 19, 2025
Mohammed Akram
Dispute Resolution, General News, Property Law, Corporate

In today’s complex and competitive business landscape, joint ventures (JVs) offer a compelling way for businesses to collaborate, expand into new markets, share risks, and leverage complementary strengths. But while the benefits can be significant, entering a joint venture without careful planning can lead to complications, disputes, and unmet expectations. This article explores what a joint venture is, outlines the key factors to consider before entering one, and offers guidance to help you set the foundation for a successful business relationship. What is a Joint Venture? A joint venture (JV) is a…

Partnership Disputes: How to Resolve Conflicts in Business Partnerships

July 29, 2025
Mohammed Akram
Dispute Resolution, General News, Property Law

A business partnership can be a powerful way to combine resources, skills, and ideas to fuel growth and innovation. But like any relationship, it’s not immune to conflict.

Chancellor’s certain statement for uncertain times

Chancellor Rachel Reeves delivered a confident Spring Statement, aiming to instil certainty at home amid growing global uncertainty, highlighting opportunities for businesses — particularly in construction, defence, and tech — to benefit from the government’s growth plans.

Changes to Companies House Fees: Understanding the Impact.

It has been announced that effective 1st May 2024, Companies House, the United Kingdom's registrar of companies, has made significant changes to its fee structure.

Directors’ corporate responsibilities continue even after they resign

January 9, 2024
Mohammed Akram
Corporate

Resigning as a company director doesn't end your corporate responsibilities. Make sure finances are sound before you go to minimize personal liability risk.