• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Financials publicly available

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    Financials publicly available

    Any way to avoid the situation whereby someone can Google my name, find out my limited company, and from there easily work out what I'm raking in per year?

    #2
    Yes - stop using a limited company

    I assume you're filing abbreviated accounts, giving away as little information as possible?
    ContractorUK Best Forum Adviser 2013

    Comment


      #3
      Originally posted by Clare@InTouch View Post
      Yes - stop using a limited company

      I assume you're filing abbreviated accounts, giving away as little information as possible?

      + 1: brolly.

      Of course you could just pay up your child maintenance.

      Comment


        #4
        @ Old Greg.

        Hi Zerosum, unfortunately, no is the short answer. When you work through a Ltd Co, information is available to the public.

        I don't believe it is that easy to find out how much you earn though. The only information available is the information on the Abreviated Accounts, which isn't that much. Just snap shots of the company at a point in time e.g. bank balance, debtors, liabilities etc.

        Comment


          #5
          Originally posted by Old Greg View Post
          + 1: brolly.

          Of course you could just pay up your child maintenance.
          A fake name is my favourite form of contraception

          Comment


            #6
            Originally posted by zerosum View Post
            Any way to avoid the situation whereby someone can Google my name, find out my limited company, and from there easily work out what I'm raking in per year?
            I'll take a wild guess; are you divorcing?
            "My God, it's huge!!"

            Comment


              #7
              1 - Create a new company (in case the person you want to keep in the dark knows the name of the current company)

              2 - Use the accountants as the registered address

              3 - Appoint someone other than yourself as a director and you are just an employee (therefore not named in the accounts)

              Comment


                #8
                Originally posted by BA to the Stars View Post
                1 - Create a new company (in case the person you want to keep in the dark knows the name of the current company)

                2 - Use the accountants as the registered address

                3 - Appoint someone other than yourself as a director and you are just an employee (therefore not named in the accounts)
                And with point 3, there go your dividends too. Wave hello to full PAYE/NIC.

                Comment


                  #9
                  Originally posted by captainham View Post
                  And with point 3, there go your dividends too. Wave hello to full PAYE/NIC.
                  You don't have to be a director or employee to get dividends, all you need is shares.
                  ContractorUK Best Forum Adviser 2013

                  Comment


                    #10
                    Originally posted by captainham View Post
                    And with point 3, there go your dividends too. Wave hello to full PAYE/NIC.
                    Not necessarilly. Dividends are paid to the Shareholders, not Directors.

                    Comment

                    Working...
                    X