Non s30 companies - Company Formation - UK Registration Services


Generally companies which are non Section 30 businesses can pay their profit with less restrictions than those who are bound by S 30.

Figure  2 shows an analysis of the different fields non section 30 companies which are limited by guarantee fall into.

 

Figure 2

Leaseholders and related

7028

Sociological and related not with housing

2928

Leisure 

2103

Learning

1800

Artistic

1162

Professional bodies and sector associations

1161

Healthcare

535

Sociological and related with housing

542

Green and earth related

351

Total so far

17620

Non declared and those not falling into any of the above

11473

Total

29093

Flat management and related make up a large portion of non section 30 companies. Their primary purpose will often not be profit related but they are when sufficient profit arise, able to return some funds to their members. This effectively could in many cases be a refund for over estimated costs related to running the property.

 



Further News and Articles

1. Forming A Company Just Became Easier


2. Statutory Requirements For New Companies



3. Non Profit Organisations



4. Company Directors and Secretaries



5. Annual Returns



6. Accounts and Accounting Reference Dates



7. Company Auditors



8. Share Capital and Prospectuses



9. Late Filing Penalties



10. The Costs and Benefits of Company Registration




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