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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 entity, 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.  Charitable Companies as well as Community Interest Companies are available upon request.

 

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UK Limited Company by share capital, prices start from as little as £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

This is suitable for most trading companies, the incorporation of a company adopts amended Companies Act 2006 Articles for a 'Private Company Limited by Share Capital'.

The package can be enhanced with a number of additional elements, such as;

  • Printed Articles with your firms details on the front covers
  • Combined Company Registers
  • Completed share certificates
  • Company Seal
  • Registered Office Brass Plates
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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 - from just £34.99+ vat (plus £14 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 have corporate partners
  • Must have a minimum of 2 designated members
  • Maintains the current tax status of each partner
  • Members have limited liability
  • Incorporation in 3-4 hours by electronic submission
  • Suitable for most commercial business activities

Additional extras include

  • Standard partnership agreement
  • Gard back combined company register designed for LLP's

Incorporation can also be undertaken by paper submission but the signature of the partners is required

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Right To Manage Company from £69.99+vat (plus the appropriate Companies House fling fee)

  • The Company must be formed as limited by guarantee
  • A RTM company is run by leaseholders who have taken on the landlord's management functions, eg repairs and maintenance of the premises.
  • For a company to be a RTM company in relation to those premises:
    its articles of association must state that its object, or one of its objects, is gaining the right to manage those premises
  • 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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Community Interest Company - From £125.00+vat plus the appropriate Companies House Filing fee and CIC Regulators fees

you can register one of these types of company via a paper application form only - ie you cannot register electronically.


A CIC is a type of limited company designed for people who want to run a business for the benefit of the community - ie not purely for the benefit of the company's members and shareholders.
A CIC may be a public or private company limited by:

  • share capital
  • guarantee with or without share capital

A company cannot become a CIC if it is:

  • a charity
  • intends to be a political party, a political campaigning organisation, or a subsidiary of either

If you intend to set up a CIC, you must register it with Companies House. We can register either via a paper application form. However, it's the CIC Regulator that decides whether or not your company is eligible to become a CIC.

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NB: The appropriate Companies House filing fees for electronic filing are £14 for a standard service (within 24 hours) or £30 for a guaranteed same day incorporation submitted before 3pm. The disbursement 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.

 

 

 

 

 

 

Professional company formations online

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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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