concise
Customer Login | Search This Site:   Go  

What we do Register a company Company accounts Abbreviated accounts Types of business taxes Person with Significant Control for Limited Company Paying staff and PAYE Apply VAT numbers Check VAT numbers Fixed fee accounts About us Careers
 
Latest UK Business News : What the BHS settlement means for former employees      RMT calls simultaneous strikes as strife spreads      Bank of England?s Charlotte Hogg warns on Brexit ?challenge?      Brexit and Trump push world trade deals up EU list      Britain?s chancellor faces the limits of austerity      

Sub division and consolidation of shares

 

UK company may pass a resolution to sub divide its shares or any of them into shares of smaller amounts for example it may divide a £1 share into 10 shares of 10 pence each.

Consolidate and divide its share capital into shares of larger amounts than its existing shares, for example it may consolidate and divide 200 shares of £1 into 100 shares of £2.

Reconvert any stock into paid up shares of any nominal value.

The total share capital remains unchanged. Company director is required to deliver company form called SH02 within one month of alteration to Companies House.

A statement of capital must also be completed as part of the form.

If you require help in filing your company form with Companies House, our accountants at Concise will be more than happy to help you. Feel free to contact us.

Concise Accountancy – Making company legal administration simple for businesses
 
Email This Page  Print This Page