companies house made easy

record shattering April for new business in Newcastle

Newcastle upon Tyne experiences its best ever April for company formations according to the Register of Companies from Companies House.

record first quarter for Leamington Spa start ups

Leamington Spa has set a new record for first quarter business start ups with 164 new companies formed in Leamington in the first quarter of 2012.

Bath record company numbers "quite amazing" says MP Don Foster

In response to Duport's announcement of record numbers of new company formations in Bath, local MP, Don Foster praises the city's burgeoning reputation for business and creativity".

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Britain’s 5 biggest banks have missed Project Merlin’s 2011 lending targets for small firms by over £1billion.

Project Merlin was created to push banks to lend, with particular attention to providing finance to small and medium sized businesses across the UK.

Under Project Merlin, £76bn should have been available for SMEs, but only £74.9bn was actually lent to small companies during 2011.

In a survey of 11,000 of its members, The Federation of Small Businesses has found that fewer companies are accessing finance either in the form of an overdraft or a loan.

John Walker, National Chairman of the FSB stated, "Our research in the last two years shows that around a third of businesses are refused credit and this could be reflected in the fact that newer businesses are using more of their own money to fund their business rather than turn to the banks for help."

In their research the FSB found that more people were using their own funds, or borrowing from family and friends than attempting to access finance through their bank.