Limited by Shares vs Limited by Guarantee

Written by Co-sec Senior Associate, Charlotte Leslie Private limited companies in the UK are limited either by shares or by guarantee. Both types result in an entity that is legally separate from its members, separating the company and its owners. Similarly, both types of company are capable of entering into contracts as a legal entity […]

What is the difference between Dissolution and Liquidation?

Written by Co-sec Senior Associate, Charlotte Leslie If you decide that you’d like to close your company, you will need to make a choice between dissolving or liquidating. Both options will result in the eventual closure of your company, but via very different processes.   The key distinction lies in your company’s financial health and […]

AIM shares for Inheritance Tax planning

Written by Tax Partner, Michaela Lamb As has been widely publicised, we are expecting the Government to significantly restrict Business Property Relief (BPR) from 6th April 2026.  At present, the final legislation is not available, but the likely impact will be that 100% BPR will be restricted to the first £1 million qualifying assets, with […]

Case study: How we transformed a global recruitment firm’s finance function

At a glance Challenges What improved with Gravita’s involvement Misaligned charts of accounts across three entities Management accounts taking too long to prepare Unreconciled intercompany transactions Manual processes consuming management accountant time No real-time visibility of business performance Inability to scale processes for international expansion Consolidated chart of accounts with consistent reporting structure Automated management […]