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Re:Registered office ... (1 viewing) (1) Guests
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#89
whiffin (User)
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Registered office ... 4 Years ago  
I'm turning my Web Design partnership into a Limited company. I live (and work) in rented accomodation and part of the contract is that we don't run a business from home. Therefore I need another address as the registered office. My parents have said I can use theirs.

My question is, are the any legal repurcusions in using their address as the registered office. i.e. if we REALLY screwed something up and got sued, and our insurance didn't cover it, are we likely to endanger their house?

I'm hoping not as I believe it's just for postal and contact reasons. But I would like to be sure.

Can anyone help? (Please only reply if you know 100%)

Many thanks
 
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#90
James Kindell (User)
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Re:Registered office ... 4 Years ago  
The registered office address for the company is the offiical address for the company. Under company law, your company should keep its statutory books (eg register of members, register of directors, register of secretaries and register of charges) at its registered office, together with its minute books. However, the register of members may be kept at a different address, if the company has given notice to Companies House on a Form 353. Further, you should disclose the registered office address on your company's stationery (eg letterhead, order forms, inovices etc), website and e-mails, as well as the company's registration number and country of registration. The company should display its name outside every place in which it carries on business. Therefore you should display the company's name where you run your business and at the company's registered office. Whilst the name may be placed inside, it needs to be visible from the outside (ie inside a window).

As regards using your parent's address as the registered office this should be fine, although you do run the risk, albeit very remote, of people turning up at your parent's address, requesting to inspect the statutory registers or serve documents on the company. Further, should the company default on a court order, a baliff could turn up at the registered office and attempt to seize assets of the company, but being told that the address is purely a registered office address for the company and the company has no assets at that address, they should leave without any further questions. Likewise, your parent's house will not be put in any jeopardy of it being confused with the assets of the company and hence being seized, by the mere fact of using your parent's address as the company's registered office. An alternative could be for your accountant or solicitor to provide you with a registered office address for the company.

Should you require any assistance in incorporating your company, provision of a registered office address and/or maintaining the company's statutory books and meeting its annual compliance obligations, we would be happy to discuss this further with you. Please feel free to call Martha Bruce or James Kindell at David Venus & Company Limited on 01372 465330.
 
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#91
whiffin (User)
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Re:Registered office ... 4 Years ago  
Perfect answer - many thanks, just what I wanted!

Will keep your name on file

Cheers
 
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