Does anyone know where I can get hold of some sample letter templates that are relevant to a Ltd company, ie. Informing suppliers etc of our name change? Cheers

I read somewhere that it is not nessessary to have a "Business" bank account, is that true, as we have used a "personal" bank account for the last 10 years with no problems? Cheers

Hi Thanks for your reply. We pay the monthly self employed NIC, and do a yearly tax return. Thats not my concern, its, will we be able to transfer the Business Rates & Utility liability over to the new Ltd Company along with all other day to day running costs except the lease or are they a problem? Cheers

I would like to know whether it is beneficial to form a Ltd Company or not. Here's the situation: Myself and my wife already own a business, we rent a premises and the lease, which has just over 3 years left to run, is in our joint names. We don't have any creditors at the moment, all stock and equipment is paid for and belongs to us jointly. Would we be safer to go Ltd? Would we be able to change the name on the Non Domestic Rates and all other day to day expenses like Utility bills and suppliers to the new company (incidently we pay our suppliers in cash when we have a delivery, we DO NOT buy on account)? We know that it would be virtually impossible for us to change the lease into the Ltd Companies name, without our Landlord approving, which could be messy, so we won't even try that one. Just need some general advice really. Would we be better off keeping all the present equipment in our personal names, so that if the worst happened, we would be able to keep it? All advice in this matter would be appreciate. Cheers