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Community Interest Companies can be either limited by shares or by guarantee (usually – meaning they can never pay out dividends, as they have no shareholders/members), and can even be a PLC. They are usually formed to handle a particular community project.
Assets owed by the company are held in what is termed ‘asset lock’, which secures those assets for the good uses of the particular community.
To be frank that it is as far as their ‘specialness’ is concerned. They can be wound up like any other company, using exactly the same sections and Rules as a ‘normal’ company.
[See ‘Limited’, ‘PLC’ and ‘Guarantee Company’.]
Companies House is the United Kingdom’s Registrar of Companies and is an executive agency of Her Majesty’s Government, falling under the remit of the Department for Business, Energy and Industrial Strategy.
When you see reference to the ‘Registrar of Companies’ it is overlapping with the phrase ‘Companies House’.
There is a WebCHeck service at Companies House; it offers a searchable ‘Company Names and Address Index’ free of charge which enables people to search for information on more than two million companies.
[See ‘Register of Companies’.]
If you want to find the forms used in the insolvency and restructuring sector you can easily get them from the Companies House website, or by entering a form number into your search engine.
For example, forms beginning ‘AM0’ are for Administration. If you type in ‘AM01’ you will get the form used to notify Companies House of an appointment of an Administrator.
