Larsen Howie Practical business advice for UK owners

Larsen Howie

Practical business advice for UK owners

Latest Articles

Before the Sort Code Moves: A Director’s Control for Supplier Bank Changes
Cash Flow & Finance

Before the Sort Code Moves: A Director’s Control for Supplier Bank Changes

A supplier’s request to change bank details is one of the quietest fraud risks a company faces, and an email reply is not verification. This article sets out a practical two-call discipline, shows how to build it into the purchase ledger and payment run, and explains what to do if money has already been sent to the wrong account.
The Policy Behind the Certificate: An Annual Insurance Review for UK Directors
Governance & Ownership

The Policy Behind the Certificate: An Annual Insurance Review for UK Directors

A certificate of insurance confirms that a policy exists, not that it will respond when a claim arrives. This article sets out a disciplined annual review for owner-managed companies — covering sums insured, indemnity periods, exclusions and the questions worth putting to a broker before renewal — so that cover is bought knowingly rather than renewed by habit.
Decisions That Stand Up: A Practical Record for Board and Shareholder Approvals
Governance & Ownership

Decisions That Stand Up: A Practical Record for Board and Shareholder Approvals

Written resolutions can remove the need for a meeting, but they do not remove the need for evidence. This guide sets out how UK private companies can record board and shareholder decisions, who must sign, what to retain and what to file, with a short template and a five-point audit.
The Absent Signatory: A Director’s Continuity Plan for the Company That Still Has to Trade
Governance & Ownership

The Absent Signatory: A Director’s Continuity Plan for the Company That Still Has to Trade

A director’s sudden absence can stall payments, approvals and board decisions long before the business itself is in difficulty. This practical review sets out the authority, banking, quorum and record-keeping decisions an owner can settle in an afternoon so that one missing signature does not become a full operational stoppage.
The Single Point of Failure: A Director’s Concentration Review
Cash Flow & Finance

The Single Point of Failure: A Director’s Concentration Review

Customer and supplier concentration is often a by-product of successful growth, not a sign of poor management. This review sets out how UK owner-managers can measure dependence across revenue, margin, credit and supply, set board-level thresholds and act before a single relationship becomes a solvency issue.
The Renewal Window: Controlling Business Energy Costs in 2026
Cash Flow & Finance

The Renewal Window: Controlling Business Energy Costs in 2026

Business energy renewals can pass from negotiated terms to default rates with little warning. This pre-signature framework helps directors verify termination windows, commission disclosure and consumption data before a recurring cost is accepted by default.
Reading the Exit Before the Entrance: A Director's Review of Commercial Lease Clauses
Cash Flow & Finance

Reading the Exit Before the Entrance: A Director's Review of Commercial Lease Clauses

Most directors read the rent, the term and the break date, then leave the rest to the solicitor. The clauses that decide whether leaving is a negotiation or a shock sit much further down the document. A pre-signature review of the obligations that govern cost, and the annual provision most growing companies never make.
The Employer Threshold: Nine Decisions to Settle Before the First Payslip
Governance & Ownership

The Employer Threshold: Nine Decisions to Settle Before the First Payslip

Hiring a first employee is usually described as a recruitment task. It is more accurately a change of legal status, and most of the cost and exposure is fixed before the contract is signed. This is a pre-hire checklist for directors who would rather settle nine questions in one sitting than discover them at the first payroll run.
Five Numbers and Three Decisions: The Monthly Board Pack for a Company of One
Cash Flow & Finance

Five Numbers and Three Decisions: The Monthly Board Pack for a Company of One

Most UK owner-managed companies prepare formal management information only when a bank, buyer or accountant asks for it. This article proposes a lean monthly board pack for a one-director company: five numbers, three decisions, one risk log and a short narrative that builds a finance-ready record over 2026 and beyond.
The Guarantee File You Did Not Know You Had: A Director’s Audit Before Lenders Call
Governance & Ownership

The Guarantee File You Did Not Know You Had: A Director’s Audit Before Lenders Call

Personal guarantees are often signed in the margins of a facility letter, lease or supplier account, then forgotten until a demand arrives. This article sets out a practical one-afternoon audit for UK directors, with the questions to ask on scope, caps and joint liability, and how to record a negotiating position with the board in 2026.
The Ledger That Follows You Home: A Monthly Routine for Director’s Loan Accounts
Tax & Compliance

The Ledger That Follows You Home: A Monthly Routine for Director’s Loan Accounts

Director’s loan accounts rarely become a problem in a single transaction. They build quietly through small personal payments, late expense claims and year-end fixes. This guide sets out a practical monthly routine that keeps the loan account visible, documented and free of avoidable tax charges.
Before the Argument: A Director’s Health Check for the Shareholders’ Agreement
Governance & Ownership

Before the Argument: A Director’s Health Check for the Shareholders’ Agreement

A shareholders’ agreement is usually read when relations are already strained. That is the wrong moment to discover that the deadlock clause is vague, the valuation method is disputed or the drag-along right does not work. This health check helps UK directors review the agreement while there is still room for a sensible conversation.
The Verification Gate: A Director’s Practical Checklist for Companies House Identity Checks in 2026
Tax & Compliance

The Verification Gate: A Director’s Practical Checklist for Companies House Identity Checks in 2026

Identity verification now sits between a UK company and its ability to file, appoint people and keep its statutory record clean. This practical checklist sets out who must verify, how to avoid the common rejections, and what to do if a director or PSC is locked out.
The Margin Conversation: Reviewing and Raising Prices Without Losing the Accounts That Matter
Cash Flow & Finance

The Margin Conversation: Reviewing and Raising Prices Without Losing the Accounts That Matter

Most UK owners set prices once and then absorb cost increases until margin quietly disappears. A margin-first review works back from the profit the business needs, identifies which customers and lines actually earn their keep, and stages increases so long-standing accounts are not lost.
Credit Control as Routine: A Ten-Point System for Getting UK Invoices Paid
Cash Flow & Finance

Credit Control as Routine: A Ten-Point System for Getting UK Invoices Paid

Late payment is often treated as bad luck or a difficult customer, but it is usually a process gap. This ten-point credit-control system gives UK SMEs a repeatable way to protect cash flow before a customer goes quiet.
Remuneration Without Guesswork: A Director’s Framework for Paying Yourself in 2026
Tax & Compliance

Remuneration Without Guesswork: A Director’s Framework for Paying Yourself in 2026

Deciding how to take money from a limited company is rarely a simple tax calculation. This framework helps owner-managers weigh salary, dividends, pension contributions and loan accounts against cash flow, timing and paperwork in 2026.
Seven Cash-Flow Leaks That Rarely Show in the Profit and Loss — and the 30-Minute Review That Plugs Them
Cash Flow & Finance

Seven Cash-Flow Leaks That Rarely Show in the Profit and Loss — and the 30-Minute Review That Plugs Them

A healthy profit and loss account can sit comfortably alongside an empty bank account. These seven drains rarely announce themselves, and a disciplined half-hour each month is usually enough to keep them in check.
Crossing the £30,000 Line: What Sole Traders Should Do Before MTD Expands in 2027
Tax & Compliance

Crossing the £30,000 Line: What Sole Traders Should Do Before MTD Expands in 2027

Making Tax Digital for Income Tax has been live since April 2026, and the first cohort of sole traders now has two quarterly deadlines behind it. As the threshold falls to £30,000 in April 2027, here is what the early experience reveals — and a practical readiness checklist for owners approaching the line.