Corporate Archives - Bowling & Co Solicitors

Directors should make a diary date for filing deadlines

May 19, 2024
Sanem Kinalp Atik
General News, Corporate, Commercial, General

A £165m reminder to directors on the importance of getting accounts filed on time has been flagged in the latest report from Companies House, the body responsible for the UK's register of limited companies. The statistics from Companies House show that 98.5% of accounts were filed on time, but the 1.5% that missed their deadline resulted in 323,643 penalties being levied with a total value of £164.7m. The average penalty was £509 but almost £80m was raised by 80,000 ‘double penalties’, charged when companies file their accounts late for two…

New transparency rules to keep companies squeaky clean

Company directors, people with significant control of a company, or anyone who files on behalf of a company, must ensure they comply with new transparency rules from March 2024. Greater scrutiny of information lies at the heart of the new legislation, which is designed to plug potential loopholes that may have been exploited for the purposes of economic crime. It strengthens the powers of law enforcement agencies, makes it easier to prosecute corporates for certain financial crimes, and introduces a new offence of ‘failure to prevent fraud’ for larger organisations.…

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.

Review and update your legal documents for your business

January 5, 2024
Dinesh Raja
Corporate

Review your legal documents and get your legal affairs in order. Here is our guidance on reviewing contracts and updating policies for your business.

Hashmi v Lorimer-Wing High Court ruling

Hashmi vs Lorimer-Wing High Court judgment has implications for sole directors of any private company. Watch our video to find out more.

Tek direktorler kararlari risk altinda!

November 27, 2022
Özgecan Sözeri
Turkish, Corporate

Birleşik Krallık'ta tek direktorler icin Yüksek Mahkeme kararı Hashmi v Lorimer Wing neler getirdi?

Divorcing your business partner

Divorcing your partner is never easy, but what happens when you run a business together? You will need specialist legal advice. Read more here.

Covid-safe workplace as businesses return to the office

The annual report from the Health and Safety Executive is a reminder to employers to ensure health and safety continues to take account of the risk of Covid-19 transmission and the impact on mental health.

Companies must be on track for Covid-safe workplace

Companies anticipating a return to the workplace in July, if the Government’s route map stays on track, should be planning how to protect workers and customers once the country is released from the current Covid-related restrictions. Although the Government may decide that it is safe to relax regulations and recommendations around social distancing and large groups, the virus will still be circulating, and individuals could become infected or pass the virus on to others in the workplace. Planning ahead and involving staff in the planning process is the best approach. …

Understanding force majeure and Covid-19

Understanding force majeure in relation to Covid-19 and how lockdown has impacted businesses is likely to become a hot topic over the coming months. And in particular, it may be the case for those companies looking to claim that the coronavirus pandemic has given rise to circumstances beyond their control in delivering on contracts, it is a ‘force’ of a different sort that is concentrating minds. In one of the few cases to consider the impact of the pandemic on company contracts to date, the High Court has ruled that…

Corporate