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Which Type Of Company do I need?

Most people require a standard private company limited by share capital which is suitable for nearly all types of trading. However, if you are looking to form an association, or simply need another type of company we can still help you. We can form public limited companies limited by shares (PLC), a not for profit company limited by guarantee, a limited liability partnership (LLP) Please see below for the various options. All Companies are tailor made to your requirements.  

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Tailor Made UK  Trading Private Company Limited By Share Capital - Prices start from £34.99+ vat (plus the appropriate Companies House Filing fee)

 

  • Private Company Limited By Shares
  • Normal commercial trading purposes
  • Registered on the UK Registries
  • Can undertake any nature of business having unlimited objects
  • Members have limited liability
  • Can have a sole director and/or a sole shareholder
  • No requirement for a company secretary, choice of the company
  • Can have corporate officer(s) , though at least one officer must be a "real" person
  • Can be incorporated in most circumstances within 3-4 hours
  • Choice of own name subject to availability.
The most common type of company operating in the UK accounting for over 98% of all companies on the registry, adopts Companies Act 2006 Articles for a 'Private Company Limited by Share Capital'.
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E-Filing UK Limited Company or to reserve a name - £14.99+vat for BTC Account holders, £19.99+vat non account holders, (plus the appropriate Companies House Filing fee)

  • Our e-filing basic package
  • documents delivered in PDF format
  • Choice of own name
  • Suitable for dormant companies

This is suitable for non trading companies or for those who may want to protect a name by the incorporation of a company adopts Companies Act 2006 Articles for a 'Private Company Limited by Share Capital'.

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Tailor Made UK  Private Company Limited By Guarantee - £69.99+vat for BTC Account holders, £74.99+vat non account holders, (plus the appropriate Companies House Filing fee)

  • Non-profit corporate entity
  • Suitable for clubs, membership organisations, sports associations etc
  • Can apply for charitable status
  • Members have limited liability by guarantee
  • Can be incorporated in most circumstances within 3-4 hours
  • Some input required from client to establish the main objects
  • Pack includes a hard backed ring binder style combined company register sepcifically for guarantee companies

This is suitable for non profit making entities looking for limited liability status. Generally adopts Companies Act 2006 Articles for a 'Private Company Limited by guarantee' or a range of Charities Commission model Articles are also available.

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Tailor Made UK  Public Company Limited By Shares (PLC) - £69.99+vat for BTC Account holders, £74.99+vat non account holders, (plus the appropriate Companies House Filing fee)

  • Necessary if the company is to trade its shares to the public
  • Can undertake any nature of business having unlimited objects
  • Can operate anywhere in the world
  • Members have limited liability
  • Incorporation within 3-4 hours
  • Own choice of name subject to availability.
  • High initial capital commitment, minimum £50,000
  • Must have at least two directors and two shareholders
  • PLC's have a requirement to be audited no matter how small the turnover is.
  • A private company can be converted to a PLC, so most PLCs start life as normal private companies and convert at a later date.
  • PLC's must appoint a company secretary who is is suitably qualified as per the requirements of the Companies Act 2006

This is suitable for larger entities looking for limited liability status whilst wanting a higher public profile. Generally adopts Companies Act 2006 Articles for a 'Public Company Limited by Share Capital'.

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Limited Liability Partnership - £99.99+ vat (plus £20 Companies House filing fee)

  • Suitable for new and existing partnerships wishing to obtain limited liability status, can be used by professional partnerships such as accountancy and solicitors firms.
  • Good as 'joint venture' vehicles
  • Can gave corporate partners
  • Must have a minimum of 2 designated members
  • Maintains the current tax status of a partner
  • Members have limited liability
  • Incorporation in 7-10 days by manual submission
  • Suitable for most commercial business activities
  • Package includes standard partnership agreement
  • Includes a hard back combined company register designed for LLP's

Incorporation can only be undertaken by paper submission and the signature of the partners is required

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Right To Manage/Flat Management Companies from £54.99+vat dependant on type of entity required (plus the appropriate Companies House fling fee)

  • The Company can be formed as limited by guarantee or by share capital
  • Provides a right to leaseholders in flats to force a transfer of the landlord’s management functions to a company of their own
  • So long as the relevant criteria are met, the landlord’s consent is not required
  • The required minimum number of qualifying tenants must be equal to at least half the total number of flats in the building
  • Incorporation in 3-4 hours

This is suitable for larger group or residents looking for limited liability status whilst wanting to take advantage of their right to manage. Generally adopts Companies Act 2006 Articles which are amanded for the purpose'.

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NB: The appropriate Companies House filing fees for electronic filing are £15 for a standard service (within 24 hours) or £30 for a guaranteed same day incorporation submitted before 3pm. The dispursement of these filing fees are not subject to VAT.

For other types of company entity or to tailor a package to your firms particulr needs, please call the admin team on FREEPHONE 0800 085 4127 to discuss your requirements

We hope you found these introduction pages useful, if you are ready to start forming you company please click here to continue your formation or  you can return to any of the linked pages below.

 

 

 

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Stephen O'Neill is licensed and regulated by the Association of Accounting Technicians to provide services in accordance with license No.443 details of which are displayed at the registered office address.


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