I have a family member who is in a partnership her turnover is approx £150k per annum.
She has been appraoched by investors to whom want to offer capital to expand and buy other premises.
I have advised her to go has alimited company.
She was thinking to regiser a limited holding company with 3 other business streams below the holding company.
One would she need to consolidate the 3 business streams in th eholding company and file statutory accounts with companies house.
Or would it be adviseable to set up 3 limited companies relating to her business say turnover of £50k per company thus avoiding the VAT threshold of £77k.
Any suggestions anyone please.