Partnership | AccountingWEB


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.

Thank you

There is 1 comment. Login or register to view it.

Speak to

Kent accountant |
Kent accountant's picture