Investment Platform for small close company

funkey_monkey

Hi,

I've got a small ltd company and have approx £100k sitting in the account.  I would like to invest the money on behalf of the company.

I've spoken with accountant who has okayed this on the proviso that it is set up as a close company and all is clear that it is a company investment - and not me investing personally.

I've got a LISA with HL - I asked them but they are not accepting company funds.

Does anyone have recommendations for a platform with low charges that will accept a company?

Thanks.

masonic

Interactive investor offers company investment accounts: https://www.ii.co.uk/ii-accounts/company-account

wmb194

funkey_monkey said:

Hi,

I've got a small ltd company and have approx £100k sitting in the account.  I would like to invest the money on behalf of the company.

I've spoken with accountant who has okayed this on the proviso that it is set up as a close company and all is clear that it is a company investment - and not me investing personally.

I've got a LISA with HL - I asked them but they are not accepting company funds.

Does anyone have recommendations for a platform with low charges that will accept a company?

Thanks.

AJ Bell as well.

https://www.ajbell.co.uk/faq/it-possible-open-dealing-account-name-trust

dunstonh

If you use the historic cost accountancy basis, then typically, you would use the offshore bond tax wrapper for limited company investing.   You get to pick when you realise the gains or losses in the investments that way, as the value doesn't need to be changed in the books until you force it with a related transaction.

waveneygnome

Fidelity operate 'corprate accounts' too...........but their functionality is not great - all paper based/phone calls.......no web/account access, but good service everytime I've had to deal with them. 

mika_dm

https://investengine.com/business/

And it's free, but you can invest only in some ETFs.

Richard1212

I recommend Etoro. Although I have not used their corporate facilities (which they offer and I have had good reports of them from friends), I use them for a sudden impulse purchase from time to time and recommend their value for money, efficiency and service.