I'm completiing an annual return for the Companies House and am confused about what to put in for "Issued share capital details". I own a ltd company and, looking through my details of when the company was formed with "100 x Ordinary shares of 1 British Pounds".
However, another email states that when I transfered the director and secretary from the formation company to myself and my secretary that limited companies have 1 share!

Anyway, the company is fully owned by me (the director) and as far as I'm aware I have one share. But from the first email I received, there should be 100 shares.

The form asks for "class of share" so I know I put "ordinary" then it asks for number of shares issued, which I presume is 1. It then asks for Aggregate nominal value of issued shares - I dunno!

Not to worry, luckily the formation company stores all of my information on their website so I logged in and checked.

So... I have 1 share and understand I have 99 floating around somewhere? If this is the case, shouldn't I have all the other 99 assigned to me or should I leave them. By only having one share, do I own 100% of the company? How do I sell the other shares (if I ever need to know)? And finally, will the "aggregate nominal value of issued share" be £1 or £100?

I could bore you to tears on this but the basics are as follows-

Your company was formed with a 100 authorised share capital. From these it sounds like only one single share was issued. As only one share has been issued you own 100% of the company if that share is in your name. The other shares only become relevant if you issue them using form 88(2). Until that time do not worry about them, they are there if you need them.

Why is only one issued? It is all you need and keeps your liability limited to £1.

The aggregate nominal value will be £1.

If you need any advice on completing your Annual Return just give me a call on our Free Phone number on our website. The same applies to all regular forum members. Some people struggle with the jargon on their first attempt. Obviously I have no intention of charging for this, just know that some people prefer to talk through the form.

In terms of selling the other shares, first of all they need issuing. Any sale is a private agreement between you and another individual. This may be for investment, to attract a business partner or similar. However please be aware that if you were to sell someone two shares (for example) then you would effectively lose control of your company. Again if you need any further free advice give me a call.