Is there a problem having the home address displayed on your company circulars? You may use a virtual office address or have the company's registered office elsewhere.
Other than the public's perceptions and misconceptions about the size of the company or quality of service if a company is run from home, I dont think it makes any difference to most people's eyes as long as the service you provide is of high quality.
Taxwise, make sure that the business is not carried on exclusively in a specific room as that might jeopardise your home's total exemption from CGT if and when you sell it.
Also, you may be able to claim a percentage of home running expenses against the company's income although you will have to declare that as income in your personal return.
Hope this helps.
James Constantine FCCA
http://www.taxadviceuk.com
FREE Weekly Tax Tips for the small business owner written in understandable language.