Changing a company's SAIL address: a Single Alternative Inspection Location (SAIL) is the location of company accounts, often used for companies who operate separately from their registered premises. For example, a home-based business may prefer to use a SAIL address to prevent a personal address from appearing on public records, or a large organisation may wish to avoid the public knowing their location. Whether for security or for privacy, SAIL addresses are popular with limited companies. Changing your SAIL address requires a specific document to be filed with Companies House, so you may prefer an experienced professional here at Coddan to take care of this. Your alternative address must meet strict conditions in order to be valid, and we can advise you on all aspects of SAIL management.
|Change of Single Alternative Inspection Location|
We are charging £25.00 for the company single alternative inspection location change if you have the web-filing code, and want to use one of our SAIL addresses in London (£150.00) as your new company single alternative inspection location address. For additional £25.00 we provide full legal support for the SAIL address change of your company, preparing the draft minutes from members' meetings, the consent to short notice for the extraordinary general meeting, the minutes, and the proxy voting form.
The acronym SAIL stands for Single Alternative Inspection Location. SAIL requires directors to notify Companies House if private company records or registers are not kept at the office address. Why is this important?
In the world of e-commerce, increasingly more businesses operate from spare rooms and domestic homes. However, many budding entrepreneurs and directors aren't happy for their family home to be publicly known to customers and clients. In order to avoid this, a director can use an alternate address - for example, their lawyer or accountant's office.
Not only this, but your SAIL address has to be included in your confirmation statement and annual accounts. It's therefore often most logical for this address to be the same place as the service provider, and here at Coddan, we can offer all the facilities that a director or entrepreneur could require to keep their private and work life separate.
It also means that you receive a rounded and complete service - for example, would you know that if you moved into an office after a SAIL, you would require a form to notify Companies House of the change? Stay safe and legal while gaining the benefit of SAIL, by involving Coddan with your business today.
If you have a limited company or are trying to establish one, you will know that you need a registered address to meet formation conditions. Many people who work from home or who are just setting up will use a personal address and store important records there, but this can come with complications.
If you prefer to remove your personal details from the public record and instead use an alternative address, you will need to make a Single Alternative Inspection Location (SAIL) change request. The SAIL address is a place where auditors and officials can view your records, and it could be any premises to which you have and can provide access.
You may also need to update your SAIL address if you change your business location or move home. It is a legal obligation to keep your company details up to date, so you must make this change as soon as you can.