Your Limited Company Formation Made Easy

Packages from £16.99

Over 210,000 companies formed to date!

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Choose the package for you

Baseline Package

£16.99

Basic Company

Register your name for trading later on

 
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Standard Package

£49.95

Ready to Trade
Our most popular

All you need to get going with the paperwork needed by your bank and other institutions

 
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Business Package

£69.95

All inclusive

Not ready to use the company straight away?

 
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Enterprise Package

£89.95

All inclusive

Not ready to use the company straight away?

 
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All our packages include

Certificate of incorporation

Your Certificate of Incorporation

Full Memorandum and articles of association are included in this package

Memorandum & Articles of Association

Share Certificates included in the package

Share Certificates

Some hints and tips

What is a Limited Company?

A company is recognised as a legal entity, separate from the person or persons who formed the company and/or the directors and shareholders i.e. it has a separate legal existence and the officers (company secretary and directors) are employed by it.

The Companies Act 1985 and subsequent legislation declares that a private limited company can be formed for any lawful reason by one or more persons with one subscriber (or shareholder) to the Memorandum of Association.

Limited company advantages

A private limited company has a separate legal existence. This means that assets will be owned by the company itself and all contracts would be signed on its behalf. The directors and secretary can only act as agents. Therefore the company is not dissolved on the resignation, bankruptcy or death of a director. The company can be dissolved only by winding up, liquidation or order of the Registrar of Companies or by the Court.

Limited liability is another advantage of a private limited company. The shareholder's liability is limited to the value of the shares held by them should things go wrong. The personal assets of a shareholder cannot be used to pay off the debts.

Incorporation as a limited company will protect the selected company name. Once incorporated, it is listed in the register of companies maintained by Companies House. Therefore no one else can incorporate using this name.

Tax benefits are also applicable. The directors of the company are required to pay income tax but the company pays corporation tax on company profits which is one rate of tax only and averages out at much less than if income tax were paid on the profits.

A private limited company has a structured procedure to resolve any disputes between the shareholders of the company. It is easy to transfer interest in business through ownership of shares. A private limited company also offers improved national insurance benefits.