Hi Keith thanks for coming back to me so quickly.
I was just looking in to it and should I file a SH01 with companies house top show that we have increased the issued share capital from £2 to £100? I was a little confused as I thought it would ask for the new shareholders name on the form but it seems to just concentrate on the number of shares (or is this SH01 form for something else?)
The new guy we are issuing the shares to requires some evidence that he is a beneficial part owner of this business (as we are going through some sub-letting/lease problem issues in our current location) so I guess issuing share certificates for the 10 ordinary £1 shares he holds would be the way to go on this?
I believe we don't actually have to issue certificates any more and as you say would normally put his name down for the first time on the annual return and in the accounts (but the share certificates will help in this case)
Thinking just as a bit of date evidence file the SH01 (if this is for upping the issued shares) and issue the share certificates - sound okay?
Also will HMRC be interested in this transaction as he will be getting 10% shares that in reality are worth much more than the £10