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What is a registered office address?

A registered office address is for Limited Companies and Limited Liability Partnerships. It is a legal requirement from Companies House that a registered office address must be given when you incorporate a company. The address will then be used by Companies House and HMRC to send your company official statutory official post.

Why do I need a registered office address service?

Many small start up businesses are usually formed from a residential address, a homeworker for example starting a business would normally have no choice but to use the residential home address as the registered office address. The address is then available on public view, which means customers and business associates will be able to find out where you live and of course this can sometimes have privacy issues which may not be suitable for someone working and living at home.

Why Your Virtual Office London Registered Office Service?

Your Virtual Office London provide a real London office address in a prestigious and prominent area of central London. Our service can be used by Limited Companies and Limited Liability Partnerships (LLP`s). The service can be used as long as the company is trading from England or Wales.

Is postage free?

We include all postage of statutory mail for free, your registered office post is sent first class same day and we also include free postage for our international clients; this post is sent out via airmail same day.

I am a director can I use this for my service address?

Our registered office is only for the company address, if you are looking to update your directors details with a London address, we do provide a directors service address. This is used by directors and secretaries of companies, it allows them to receive staturoy notices in their name to our service address in London. Again all post is included with this service, so there are no additional mail handling fees.

Can I have normal business post sent to the address?

If you are looking to have everyday trading mail, such as letters from clients and business associates, statements from banks and other marketing materials, you will need our London mail forwarding address. This is ideal for real trading businesses looking to have a prime address in the heart of London. Postage costs for this type of mail is not included and we would require a postage deposit.A London address can really help boost your companies image, increasing the prestige of your operation through a prime address in central London can help your client perceive that your business is established and secure. Image is key to winning important contacts and clients, we strongly recommend our mail handling services to help aid the progression of your business. If you would like to discuss any points raised in this informative business article, please get in touch with the team today.

Over 30% of business managers in the UK did not use their full holiday entitlement. This comes as a warning to business owners, holidays are an important part of the workforces entitlement and can lead to increased productivity and happiness.The institute of Leadership and Management said that firms should make sure all staff take their full annual leave entitlement.One in 20 UK business managers has said that they have lost a week or more due to the annual allowance not being taken.It is known holidays help creating a happy and healthy workforce. When staff return from holidays they are refreshed and re invigorated which is ideal for businesses to increase productivity.

Leading UK firms BDO has suggested that its job index for July which measures hiring plans for the coming three months was at the highest level since 1998.The report has seen a large increase in firms looking to hire new staff. An increase in the rate of new jobs that are being created is expected to last for the rest of the year.Another index report from BDO which measures businesses expectations over the next 6 months was at the highest level for more than one year. This is testament to the UK`s economic growth and increase in consumer confidence.The increased optimism will only have a positive real outcome on the UK economy and employment figures, which is great news for Britain as a whole.However increase employment can lead to a shortage of skilled workers and it is thought Europe will help fill gaps in the employment market.If you enjoyed this business and economy article you can read more on our informative business blog.

For accountants who are responsible for project formulation, financial statements are the corollary of their work and the culmination of their efforts. For entrepreneurs and managers of businesses, this allows them to take actions and decisions they deem appropriate for the proper conduct of the business.This situation can be summarised in the financial statements, whereby they record the financial results for the integrated management of business that the organisation runs. This information is of interest to various sectors, such as:- The owners and / or shareholders and those fully interested in knowing the results of the economic entity.- The directors and officers are interested in the excellent conduct of the business, to know if you are meeting the objectives established.- Administration: To guarantee the proper administration of the institution in accordance with its goals and objectives.- Supervisors and control bodies: Those that manage audited financial statements give credibility to your financial information.- Government bodies: Interested in the financial statements that are audited by aspects of formality and regulation.- Workers : As a means of feeling security in their employment.- Suppliers and creditors: Because they are interested in liquidity and fairness of the financial statements.- Investors: Because they will be able to analyse, to invest or not to invest in certain types of business.- To the general public: To know whether a particular organisation has a good picture of trade, if there are good services, products and whether they have quality.Under this perspective, the audit of the financial statements involves an examination of the financial statements of its operations holistically, including media, economic, administrative, financial / accounting, legal, environmental etc. An established, well respected company such as thecheapaccountant.co.uk can help with this aspect.Due to the above, the financial audit should not only aim at the verification of the accounting record, but also the detailed examination of the actions of the organisation, areas, processes, licenses, operations, records and support in a responsible manner to be as efficient as possible.In that way a financial audit process requires consideration of, among others, the following:- Understand the organisation, policy, regulations, structure, processes, financial reporting and accounting handbook with your chart of accounts.- Prepare guidelines, programs or questionnaires for an audit and internal control and other working papers, based on the representative account.- Know the computer applications that manage the organisation, especially accounting and finance.- Review the different accounts assigned to the financial statements, considering the accounting, financial, administrative, legal, economic, environmental or otherwise. Determine for each of them, the cause, effect and impact as well.- Translate in technical working papers, supported and objective manner, each of the findings, to be considered in drafting the final review report.With respect to internal control you should:- Evaluate the quality of information systems and media in the accounting process.- Check profiles of who will be able and responsible for handling and recording of accounting functional areas.- Verify proper handling of correspondence and memory of the organisation file.- To verify the existence of control processes that perform the accounting area of dependencies and other sources of accounting information.- Monitor an Improvement Plan,Another insightful blog post produced by Your Virtual Office London.

Undoubtedly, one of the keys to invest successfully is to have a vision for the future. Having clear decisions to be taken with regard to long-term financial investments becomes vital, in order to achieve the desired results in investments and profits, after all, investment is the result of careful analysis.Generally, the goals are achieved by determining how far away the investment horizon is. But why is it so important to establish a horizon? Very simple. Establishing what the long-term investment is (5 years, 10 years, 15 years) has a great importance, since it directly influences the investment strategy. Generally, long-term investments allow investors to take more risk when investing.A clear example is the investment in gold , and that despite the ups and downs that occur in the market, the long-term trend is always upward, so that it always comes as a great way to invest safely long term and is profitable for your money. The key to any long-term investment is that it will ensure future financial security.

Here are just some key elements to successful investing:

1. Get control of your expenses before investing - Pay off your credit card debts and other high interest rates as fast loans or mini-credit is something unavoidable before you even think about starting to invest. If you get some extra income, I dedicate it to pay your debts and thus bring the moment you can start investing. Learn to cut your expenses and a little short in one of your unnecessary purchases to get away with your debts as soon as possible.2. If you're going to invest, do it - Once you have your financial house in order, no debt, and a good emergency fund set up , start investing.First start with simple investments in which you feel confident and let it rest there money for a while to see how you react to the ups and downs of profitability. Do not sell quickly to take short-term profits or bands to avoid big losses. Wait until you actually have a good reason to change your portfolio.3. Do not forget risk - Do not put all your money in one place. Make sure you have invested in at least a couple of different assets. Especially, do not put all your money into risky investments such as a large number of shares of small cap companies.4. Begin preparing for retirement. Your first objective should be to prepare to invest for retirement. If you have not started yet, do it now. Do not hesitate for a second, even if you do not know 100% what you are doing or exactly how you want to invest - invest your money in an index fund.5. Stop worrying about how to invest and just do it. Whether you later modify your investment for improving, then so be it, but do not get caught in the paralysis of the investment and become stagnant.6. Be sensitive to your impressions. If your gut tells you it's a bad investment, stop putting new money into the asset for a while.If after your instinct keeps saying it's bad, even long after you stop investing, move your money to another investment. Do not just keep putting money into something that does not work for you.7. Make sure you have the ego at the door. Do not ever think you're a great investor. The moment you think you are, your wallet will fall apart.8. If everyone invests in something, do not follow them. If you see that everyone is investing in the same asset, then it means that something is trending, but will not last, so you should be as far away from that kind of investment as possible.Your Virtual Office London are experts in helping businesses become more successful. We provide virtual office services including a prime mail forwarding address in London, telephone answering and registered office address. If you would also like advice about investing we have an accountant who is always on hand to help with professional advice.

Electronic billing is constantly evolving. In Europe, the European Commission requires Member countries of the EU to implement electronic invoicing. The purpose of the Commission is to get in Europe a predominance of electronic invoicing in the very near future, so it is very important to all SMEs, freelancers and entrepreneurs at the forefront in the opportunities and advantages offered by this technology. Here, we will analyse three of the most critical trends for your business and how to answer them.

1. Crucial Benefits

The benefits of online billing software align with the improvements in the speed of processes and resource efficiency. According to a global study conducted in 2012, 67% of companies believe that e-invoicing could improve operational efficiency, compared with 50% in 2011. Faster billing cycles and cost savings on billing paper are the two main benefits experienced by issuers.

Save time, money and space

Savings in administrative costs and manual labour are clear. It is easier to reduce the annual costs of messaging, mailing and faxing; printer paper and even volume of printing. No more printing costs of bills and handling of paper invoices. Speed and efficiency is the aim and now you can instantly send invoices via the Web. Up to 8 invoices can be processed every second on average.You manage all the information and only you have access to it, meaning security is tighter. No more typos, you can be sure that all your bills are generated with the appropriate data.A safe investment for any business is to have a flexible electronic invoicing system, even if there are changes in your system. Adaptable to any operating systems and platforms, there are major companies requesting electronic invoicing that are mandatory for its suppliers.

2. The Electronic Invoicing

At this time, customers have high expectations of those who bill, so excellent customer service over the Internet can be a key factor to converting into real customers loyal followers of the company, which is an aspect that should not be neglected. In this respect it is necessary to adopt the concepts of Web 2.0 and social marketing, which can be done by using cloud-based Software as a Service (Saas).

3. Comprehensive Customer

Knowing the customer is vital in business. This information can be extracted by digitising billing processes and provides a strategic basis for decision-making at the level of business. SMEs, freelancers and entrepreneurs that issue electronic invoices recognise the power of intelligence they can get about their client to boost ties with them and make them more profitable and beneficial through behaviour-based experiences. This improves loyalty and sales.For SMEs, freelancers and entrepreneurs, it is important to adapt to the digital environment and adopt solutions that help the company to be in a position of advantage. Today, there is great interest in the billing software online, as they are now available to companies who could not afford to adopt a proper solution beforehand.Electronic billing software in the cloud must maintain assurances that it is issuing and filing invoices in accordance with regulations. With billing software in the cloud, organisations experience a lower percentage of discrepancies in receipt of your payments, save on printing, time, space and may have access to an automated and integrated system that helps improve the efficiency of processes. It also allows access to the control of the company from any computer without installing any application on your PC, Mac, Linux, tablet or Smartphone.Today, SMEs, freelancers, companies like Your Virtual Office London and entrepreneurs can deepen relationships with their customers, improve your cash flow, reduce costs and accelerate sales through the use of programs for billing in the cloud. If you enjoyed our business article you can read more articles in our blog.

In business you will come across many potential clients, suppliers and partners. It is very important to build a picture of that person before agreeing to work with them. Spotting someone who is trustworthy is a very important skill in the business world. The old adage of not judging a book by its cover can often be a wise and effective saying to call upon. However a new report is explaining that most people actually form a judgement of a person in a very quick time.Many people may think they are non-judgmental, however a report is now suggesting that we actually form a decision if we can trust them within a split second of first laying eyes on themResearch carried out by the New York University has suggested that human brains automatically compute the features of another person`s face upon first viewing. This then relays to us a judgment based on the appearance before we have had time to properly assess the persons face.

Need to improve the face of your business?

Your Virtual Office London has always helped smaller companies improve the face of their business. We provide professional business services to help improve the image you portray on your potential business clients and suppliers. It is a well-known fact people will form a judgment on a person and of a business, having a professional image is key to really succeeding in the market you are competing in.Your Virtual Office London provides prestigious business address and virtual office services to help sharpen up the small fledgling business. In competitive sectors having a professional image is a vital tool to help you build a thriving business. We provide key services to help with the progression of your company`s success. Services such as a London registered office address and business mail forwarding services in a prominent central London location will help to portray a professional image which will help your business increase is success and growth rate.Customers are very savvy when it comes to researching your business and doing their homework. Research has shown that a client would prefer to deal with a larger company as opposed to a home-based one man band, our services are aimed to give your small business then professional face it needs to develop itself.

The Chancellor of the Exchequer, George Osborne, is due to unveil a plan which could see the British government exploring the role that digital currencies such as Bitcoin could play in the existing financial system and whether they need to be regulated. The measures included in the plan are intended to make Britain the global centre of financial innovation.The growing popularity of Bitcoin has sounded alarm bells in the regulated financial system and as it is not controlled by a central bank it is therefore much more difficult to regulate.A Bitcoin is a new type of money, it is completely virtual and can be used to buy products and services just like an online version of cash but is currently limited by the small number of shops and retailers that will accept it.

Currently there are 3 main ways to get a Bitcoin:

- You can buy Bitcoins using real money. The current value of one Bitcoin is approximately £500.- You can sell something and receive payment in Bitcoins- Or they can be created using a computer, this is called “mining”Bitcoins have become popular due to the fact that some people like the fact that Bitcoin is not controlled by the government or banks, which in turn means there are no taxes or bank fees to pay, at least for now.People can also spend their Bitcoins anonymously and although the transactions are recorded publicly, unless someone knew your Account number it would be almost impossible to check on your transactions.Every transaction is recorded publicly so it's very difficult to copy Bitcoins or make fake ones or even spend ones you don't own.It is possible to lose your Bitcoin virtual “wallet” or delete your Bitcoins from your phone or PC and lose them forever. This is one of the main drawbacks of the current system and there have also been thefts from websites that let you store your Bitcoins remotely.At the moment the value of Bitcoins goes up and down a lot, so it's impossible to say whether it's safe to turn your 'real' money into Bitcoins.Speaking at London's Canary Wharf , the Chancellor said that it is "only by harnessing innovations in finance, alongside our existing world class knowledge and skills in financial services, that we'll ensure Britain's financial sector continues to meet the diverse needs of businesses and consumers here and around the globe".He also announced the government is to investigate the potential for virtual and digital currencies such as Bitcoin to encourage innovation in the UK's financial sector, while also examining their potential risks.More than 60,000 online retailers now accept virtual currencies worldwide and the growing popularity has seen backers of the currencies push for greater mainstream adoption. However, their use has also been linked to illegal activity online.BBC technology correspondent Rory Cellan-Jones said: "Enthusiasts say it is the future of money, detractors claim that it is extremely volatile and is used mainly by drug dealers and money launderers."Now the government says it will examine whether this and other virtual currencies should be regulated, how they could help stimulate innovation - and their potential risks."

In business, professional image is the key to your success. Many more people are now taking the plunge and starting a new business venture within the comforts of their own home. The internet has made starting a company a simple process and operating a business from home even easier.What many of the start-ups in our own experience frequently overlook is the information required during the formation of a new Limited Company. Key details such a registered office address, director`s details and even shareholders details can often be confirmed without properly thinking about the ramifications of the details provided to Companies House.Most new business start-ups have not been through the company formation process before and such terminologies as a registered office address can be overlooked. It is important to understand that any details provided on formation will be permanently on public records.

Security and peace of mind

Using our London mail forwarding service with a registered office address has many benefits for your company. Firstly we have to imagine what would happen if you were to use your own residential address for your business. Many of our business clients always intend to provide the best possible service to their own customers, however as the business grows so will the potential for possibility of a disgruntled customer. We have had many scare stories where customers have turned up at a person`s house to discuss something very trivial, they managed to obtain the residential address via a company search online. You can imagine how awkward this could be if it`s unexpected and you were at home with your family.Our London mail forwarding address and registered office provides you with a safe and secure service that keeps your residential address of public record. This means there is no chance of customers turning up as and when it suits them. It gives you peace of mind and helps you to concentrate on providing the best possible service to your clients.

A professional image is the key for your fledglings` business success

Clients are becoming very aware that more and more businesses are operating from home. Many potential customers will do their homework first, and looking at where your business is operating from is part of their process. If you have a residential street address on your website then most customers will have a look at where you are trading from. Again a customer is more likely to go with an established larger company as this provides security over a small one man band operating from home. Our London mail forwarding address service is designed to give the smaller business an equal footing, it makes your company appear well established.Our London address is located in a prestigious location in central London. Using an established address in the heart of London can help persuade those clients who may have been reluctant to purchase from you due to knowing you were operating out of a residential address.

Why use Your Virtual Office London?

Your Virtual Office London have been providing leading expert advice to small businesses since 1971. Having started out as a company formation agent in City Road where Companies House were once based, our services have since grown to provide a more complete package for our clients.We understand starting a company is an important step, often a milestone in one`s personal life, and that we are here to ensure you do things correctly. Using our experience we can help guide you through the formation process and help provide guidance on the supplementary services that we provide to our clients.Our mail forwarding and registered office can be combined with a director`s service address to provide complete anonymity for peace of mind. Further into your businesses life span you may require professional advice for accounting, we have trained qualified accountants who can help talk plain English to you about the requirement`s HMRC set out for Ltd companies.Whatever your need, get in touch today, we are always happy to help.

The latest Markit UK Construction PMI report has stated that in July 2014, the new UK house building grew at its fastest rate for nearly 11 years, not since November 2003 has home building seen more activity, driven by the demand for new new projects and the growing demand of the first time buyers.Although the house building market is one part of the PMI index and the overall index was down slightly from 62.4 to 62.6 in June, growth in the market is indicated by anything over 50.Tim Moore, the senior economist at Markit, stated that "July's figures suggest the UK construction sector is enjoying its strongest cyclical upswing since the global financial crisis, while a new record rise in employment highlights that construction firms are increasingly confident about the sustainability of the upturn,"The growth in the construction industry has been positive for the past 15 months and has given rise to a reported fastest rate of labour hiring since April 1997 when the survey first began.It is expected that this period of growth will have the usual knock-on effect in the home and DIY markets but this will not be reflected until later in the year.With the markets anticipating an interest rate rise sooner rather than later Ray Boulger, of the mortgage brokers John Charcol, is expecting and average 2014 house price rise of around 8%. Which is based on the Halifax and Nationwide indexes.This rise reflects a similar increase seen towards the end of 2013, and which caused a surprise due to the slow growth experienced at the start of 2013.This view is rejected by the housing market commentator Henry Pryor who predicts that although house prices will rise, the scale of the rise will be only 5% nationally in 2014, but 8% within the M25 motorway. The London market is expected remain buoyant with demand still outstripping supply.If you enjoyed this blog you can read more on our business and economy blog section.