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Showing posts from September, 2020

Who is a Company Subscriber?

  Are you interested in knowing more about who is a company subscriber is? Subscribers are the people who were shareholders when the company was formed. As such no additional responsibilities come with the appointment, the only reason they were named as subscribers is to depict that they were shareholders in the company at the outset. It means that the shareholders of the company can change, but subscribers can never. A company director sits on the board of directors and has certain responsibilities as such, the company secretary is the person responsible for handling the company administration and filings. A company shareholder is someone with a stake in the company and a person with significant control is the one person who has ultimate control within the business. It is important to understand each one of these roles and the distinctions. Source:  https://datagardener.com/blogs/who-is-a-company-subscriber/

What Are Treasury Shares?

  Treasury shares are basically the previously outstanding shares repurchased from shareholders. The issuing company buys the stock back from the stockholders and holds it. Treasury shares are  usually recorded on the company’s balance sheet in the shareholder equity section.   In the Companies Act 2006, the chapter 6 part 18 states the updated and detailed provisions associated with holding treasury shares. Treasury stock actually came into being in the year 2003. The main purpose of this stock is to enable companies to hold shares by repurchasing the shares from existing stockholders. However, even though it was introduced in 2003, the  private limited companies  in the UK have been able to hold treasury shares since 2013. Source:  https://datagardener.com/blogs/what-are-treasury-shares/

What is Companies House Authentication Code?

  After a limited company is formed at Companies House in the UK, Companies House then issues the newly formed company a  Company Authentication Code . Hence, every limited corporation has got this number, irrespective of whether it is dormant or trading. Company Authentication Code is like a password or a unique identifier. It is issued to all  limited companies  in the UK. A Company Authentication Code usually contains six characters and is alphanumeric.  A Company Authentication Code is mandatory in case of a change of company ownership or a change of company directors. These changes are usually done by online filing at  Companies House . The  Company Authentication Code  is used as a replacement for the physical signature of a director. Therefore, you could say that a Authentication Code is equivalent to a director’s signature. In other words, it is an electronic signature of a company’s director.  Source:  https://datagardener.com/blogs/what-is-companies-house-authentication-code/

What Is A Cap Table?

  A cap table, also known as a capitalization table and, well to be honest, is nothing but a fancy spreadsheet. A Cap table contains information about who owns those shares or what prices the investors have paid for them. Therefore, in other words, it can be said that a cap table contains the list of a company’s potential sources of funding, acquisitions and mergers, initial public offerings and other financial transactions. The Cap table tracks the individual shareholder’s equity ownership. Source:  https://datagardener.com/blogs/what-is-a-cap-table/

Make Smart Business Decisions Through Data Provider Services

It’s a digital world where businesses don’t like to take risk rather want to play safe. Companies with the aim of growth often invest in other smaller companies or opt for tie-ups. This is the time when business owners look for comprehensive data and details about the company they are planning to invest in. This research can revolve around information on directors UK, profit, assets, annual turnover, employees etc. Though the internet is a gigantic pool of information still there are times when we fail to find minute details about a company. What can be a possible solution in this case? You certainly can’t make decisions based on your intuitions but need supporting facts about the company. This is where data provider services come into the picture. Companies offering these services use an array of techniques and provide you intricate details about a company like finances, information on directors in the UK , assets, business history, transactions and so on. Such details certainly