CIC Association

Serving Community Enterprise

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Latest Activity

Jacqueline McKie posted a status
"I have just registered as a CIC in Glasgow. Can anyone recommend a bank to set up my business account?"
17 hours ago
Michael Grimsdale updated their profile
Friday
Profile IconKerry Mountain-Hewett, Penelope Ann Connorton, Janice Dobson and 2 more joined CIC Association
Oct 10
John Mulkerrin replied to Bridget Appleby's discussion CIC with Shares
"Hi Bridget Main difference between limited by guarantee and shares in this regard is the potential to distribute a share of the profits through a dividend with the share CIC. Yes you can sell the company, the shares of a CIC are outside the asset…"
Oct 10
Jonathan Drury updated their profile
Oct 8
Bridget Appleby posted a discussion

CIC with Shares

Can anyone summarise the main financial differences for an investor between a limited company and a CIC limited by shares?I know there is an asset lock- so any assets have to be sold for community use at the end- and there is a limit to the dividends that shareholders can take out of the company. Can you sell the company? What happens to IP from the company? Just getting my head around the issues that might deter potential investors.See More
Oct 7
Tilly Brock posted a status
"Peggy's World is no a new member."
Oct 1

Forum

£240m health contract awarded to CIC 3 Replies

Started by John Mulkerrin in CICs in the News. Last reply by Eoin Heffernan Feb 20.

Barlinnie inmates to build Glasgow social housing through £2 million CIC Bond 1 Reply

Started by John Mulkerrin in CICs in the News. Last reply by Catriona Nason Nov 15, 2015.

CIC offers new 50% SEIS tax relief to investors 2 Replies

Started by John Mulkerrin in CICs in the News. Last reply by John Mulkerrin Sep 21, 2017.

Association Logos for CIC members 4 Replies

Started by John Mulkerrin in Introduce yourself. Last reply by Lucy Nov 4, 2017.

Blog Posts

Peoples Millions finalist!

Fantastic news! - Horses Helping People CIC in Buckinghamshire have won through to the final round of ITV's The People's Millions, where worthy projects compete for public votes to win a cash donation of £50,000 from the National Lottery Big…

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Posted by Debbie La-Haye on October 31, 2013 at 23:18 — 5 Comments

 
 
 

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