How We Built Dividendly: A Tool Born from Our Own Ltd Company Frustrations

We built Dividendly out of a real need — generating compliant dividend vouchers and board minutes as a UK limited company. Now used by directors across the UK, it's one of our own-itch products that solves a genuine pain point.
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How We Built Dividendly: A Tool Born from Our Own Ltd Company Frustrations

At Think Commerce, we build digital products for clients every day — but occasionally, a problem hits close enough to home that we build something for ourselves. Dividendly is exactly that.

The Problem Every UK Ltd Company Director Knows

If you run a limited company in the UK and pay yourself through dividends — which most directors do, for perfectly sensible tax efficiency reasons — you'll know the paperwork that comes with it.

Every time you take a dividend, you're legally required to:

  • Hold a directors' meeting (even if you're the sole director)
  • Produce dividend vouchers for each shareholder
  • Keep a record of the board minutes authorising the dividend
  • Ensure the company has sufficient distributable profits

In practice, most directors either forget half of this, cobble together a Word document, or pay their accountant to do it each time. None of those options are great.

That was exactly our situation at Think Commerce. As a UK limited company, we were taking dividends regularly — and the admin around generating the correct documentation was tedious, error-prone, and frankly beneath the time it was consuming.

So we built a solution.

Introducing Dividendly

Dividendly is a purpose-built tool for UK limited company directors to generate legally compliant dividend vouchers and associated documentation — quickly, correctly, and without needing to involve your accountant for every single payment.

It handles:

  • Dividend vouchers — the formal record each shareholder must receive
  • Board meeting minutes — documenting the directors' resolution to declare the dividend
  • Multi-shareholder support — for companies with more than one shareholder class or multiple directors

The whole process takes minutes rather than the better part of an afternoon.

Why We Made It Available to Others

Once we'd built Dividendly for our own use, it became obvious that every other UK ltd company director was dealing with the same friction. The tool was already solid — so we opened it up.

It's now used by a growing number of UK company directors across a range of industries: consultants, freelancers, agency owners, and small business operators who pay themselves through dividends and want the paperwork done properly without the overhead.

Who It's For

Dividendly is particularly useful if you:

  • Are a sole director / sole shareholder of a UK limited company
  • Have a small board with a handful of shareholders
  • Pay yourself primarily through dividends rather than salary
  • Want to stay HMRC-compliant without paying your accountant for routine documentation
  • Are tired of hunting down a dividend voucher template every quarter

Built by Think Commerce

Dividendly is one of a small number of tools we've built to scratch our own itch — products that emerged from real operational needs rather than a brief. It sits alongside our client work as a demonstration of what we do: identify a genuine problem, build a clean solution, and ship it.

If you're a UK limited company director, give Dividendly a try. It's the kind of tool that pays for itself the first time you use it.

Think Commerce is a UK-based digital commerce consultancy. We build Shopify stores, digital products, and tools for ambitious businesses.

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