Whilst having a Resident Management Company or Right to Manage Company has huge benefits in terms of being in control of your Property, it does also come with the pitfalls of Company Secretarial work.
There is a surprising amount of work in ensuring that a company’s records are up to date:
- Keeping company books
- Submitting annual returns
- Submitting annual accounts to Companies House
- Making sure all Director and Secretary Information is up to date.
These are all tasks that can be very cumbersome. With the fine levied by Companies House for missed deadlines, and the responsibility for keeping legally up to date, they can also be very costly.
At worst, your company may even be struck off, losing any assets it may have had.
BLR can take care of all of this for you for a straight forward annual fee meaning you can just sit back and relinquish the worry of getting it all right.