A ‘SIC code’ is used by Companies House to classify the type of business activity (or activities) in which a company or other type of business is engaged. Please note, SIC codes are used simply for statistical purposes and your business’ activities are not strictly limited to the SIC codes selected. Please let us know if you have any further questions?
Not necessarily, many companies use the activity they know the company will be performing until the company starts trading. There is no prohibition from doing this. What will your company be doing once it is trading?
Good job Nicholas. Well structured and easy to understand video. By the way, who creates and writes your whiteboard content? I have watched a lot of videos of this type over the years - and your whiteboards are among the best I have seen.
We're glad you found our video useful, Graeme. All whiteboard content goes through a rigorous process of drafting and approval using multiple members of our Company Secretarial Team prior to filming, to ensure we always deliver the clearest, most accurate, and most insightful whiteboard information possible for our viewers. The key to getting whiteboards right is investing time, care and attention, and matching these with technical expertise on the topic in question.
To find your company's SIC code: 1. Go to the Companies House public register here: find-and-update.company-information.service.gov.uk/ 2. Type in your company's name 3. Click your company name when it appears 4. On the Overview section, scroll down to 'Nature of Business (SIC) - your company's SIC codes are listed here. If you need help, can you tell us what your company name is and we can tell you what your company's SIC codes are?
@@1stformations SIR IF MY COMPANY SIC CODE DIFFERANT THEN OUR VAT REGISTERED SIC CODE THEN ANY PROBLEM? OR COMPANY SIC CODE SHOULD BE MATCH WITH VAT SIC ACTIVITY ?
BECAUSE I CREAT A NEW UK LIMITED COMPANY LAST WEEK AND ONTHE TIME OF COMPANY REGISTERED WE GET DIFFERANT SIC CODE BUT NOW I START WORK ON DIFFERANT ACTIVITY SO NOW I CAN GET CHANGE MY SIC CODE ON THE TIME OF VAT REGISTRATION? BECAUSE AS A NEW COMPANY WE NAVAR GET CHANGE SIC CODE ON THE COMPANY DETALS NEXT ONE YEAR
Thanks for your question, Muhammad. You can add a second SIC code to your limited company by filing a confirmation statement for that company. If you need assistance filing your confirmation statement, we provide a Confirmation Statement Service for £34.99 +VAT which can be found here: www.1stformations.co.uk/confirmation-statement-service/ Do you need assistance with filing your company's confirmation statement?
Thanks Rakhee. Glad you are finding our videos helpful. We're releasing another video tomorrow, so stay tuned! If there are any other topics you would like us to explain on a video, just leave us a comment.
I used 4 code in educational subjects can it approve?
#msrp
How does sic code relate to gnp
A ‘SIC code’ is used by Companies House to classify the type of business activity (or activities) in which a company or other type of business is engaged. Please note, SIC codes are used simply for statistical purposes and your business’ activities are not strictly limited to the SIC codes selected. Please let us know if you have any further questions?
Is it standard to use the dormant code at the onset until you start trading?
Not necessarily, many companies use the activity they know the company will be performing until the company starts trading. There is no prohibition from doing this.
What will your company be doing once it is trading?
#predatorylending
#Countrywide
Housing have a sic
🎉❤
Thank you for your support!
What about deer #huntseason 🦌#paywho ❤ #siccodepls
Good job Nicholas. Well structured and easy to understand video. By the way, who creates and writes your whiteboard content? I have watched a lot of videos of this type over the years - and your whiteboards are among the best I have seen.
We're glad you found our video useful, Graeme. All whiteboard content goes through a rigorous process of drafting and approval using multiple members of our Company Secretarial Team prior to filming, to ensure we always deliver the clearest, most accurate, and most insightful whiteboard information possible for our viewers. The key to getting whiteboards right is investing time, care and attention, and matching these with technical expertise on the topic in question.
This is WELL ‘SIC’, Nick! ☺️
Thanks for your kind praise, Sara!
Sir how we get find our sic code ?
To find your company's SIC code:
1. Go to the Companies House public register here: find-and-update.company-information.service.gov.uk/
2. Type in your company's name
3. Click your company name when it appears
4. On the Overview section, scroll down to 'Nature of Business (SIC) - your company's SIC codes are listed here.
If you need help, can you tell us what your company name is and we can tell you what your company's SIC codes are?
@@1stformations SIR IF MY COMPANY SIC CODE DIFFERANT THEN OUR VAT REGISTERED SIC CODE THEN ANY PROBLEM? OR COMPANY SIC CODE SHOULD BE MATCH WITH VAT SIC ACTIVITY ?
BECAUSE I CREAT A NEW UK LIMITED COMPANY LAST WEEK AND ONTHE TIME OF COMPANY REGISTERED WE GET DIFFERANT SIC CODE BUT NOW I START WORK ON DIFFERANT ACTIVITY SO NOW I CAN GET CHANGE MY SIC CODE ON THE TIME OF VAT REGISTRATION? BECAUSE AS A NEW COMPANY WE NAVAR GET CHANGE SIC CODE ON THE COMPANY DETALS NEXT ONE YEAR
Hi dear,
Just want to know how to add a second SIC category into your existing UK LLC?
Please let me know
Thanks for your question, Muhammad. You can add a second SIC code to your limited company by filing a confirmation statement for that company. If you need assistance filing your confirmation statement, we provide a Confirmation Statement Service for £34.99 +VAT which can be found here: www.1stformations.co.uk/confirmation-statement-service/
Do you need assistance with filing your company's confirmation statement?
Vey easy to understand, well explained
Thank you for your kind feedback, Taylor. What did you learn today?
I am new to the world of company formation agencies and your videos have been so helpful to me. Thank you for sharing your knowledge :)
Thanks Rakhee. Glad you are finding our videos helpful. We're releasing another video tomorrow, so stay tuned! If there are any other topics you would like us to explain on a video, just leave us a comment.
Great information, simplified! Thank you :)
You're most welcome, Saba! Is there anything else you would like us to cover?
Loving the tie, Nicholas!
We'll pass on your high praise for Nicholas' sartorial elegance to him, Peter!
nice vid
Thanks Harry. Have you checked out any of our other videos?
SIC codes seem quite a tricky subject, thanks for the info.
We agree John - SIC codes are quite tricky; hopefully this video is useful in explaining how to select SIC codes correctly.
Very well explained! Top marks
Thanks for your kind comment, Polina
This video was SIC ;)
Thanks James - glad you liked it!