Set up Limited Company

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Premier UK Limited Company Formation - £50.00 Printed Original Incorporation Certificate  Printed Memorandum and Articles Printed Completed Share Certificate(s) First Minutes of the meeting of board of directors Companies House Report showing all information filed Free Business Banking (no obligation) Government Fees Included Same day Incorporation PDF Certificate and Memorandum emailed upon Incorporation

Forming a limited company 

Any individual of any nationality may register a limited company as long as they are not an un-discharged bankrupt, they have not been restrained by court order and they are not subject to UK government restrictions.All limited company registrations must be submitted to Companies House. In order for pip It Up ltd to form your company, you will require the following information,

 A company name. It is possible to register almost any name providing it hasn't been previously registered by another company and it isn’t misleading or offensive
At least one individual who can be the  director and shareholder  .
At least one person who is willing to become a Shareholder. They can do this by buying a single £1 share in the company (this person could be the director or the company secretary).
A registered office address. This is the official address where all statutory documents from Companies House will be sent. If you do not wish to use your home address you can use our registered office service for a low fee of £50.00 per year. This address will appear on the public records and must be a full UK postal address, PO Box numbers will not be accepted.

Limited company documentation

The key documents you will receive when we set up a limited company  are:

• The Certificate of Incorporation. This is the official certificate issued by the registrar on successful incorporation of a limited company. The certificate states your company registration number, company name and date of incorporation.
• The Memorandum of Association, which defines what the company will do, the company name and registered office address, and contains statements referring to limited liability, authorised share capital and share price.
• The Articles of Association, which defines how the shareholders and officers will run the company. The majority of limited companies adopt a legal table commonly referred to as 'Table A'.
• Share Certificates : Proof that  you are the shareholder and how many shares you have in the company
• First Minutes - 

Appointments Report - showing the information such as directors details  held at companies house 
 
The purpose of shares is to:

• Provide a means of capital investment into your company.
• Determine who has overall control of its operation; over 50% fully controls the company.

You can create any number of shares in your company but you do not need to assign all of them. It is usual to create 1000 shares (known as the authorised share capital) with a nominal value of £1. You then assign a proportion of these shares to the shareholders (known as the assigned or issued shares). It is worth noting that although you authorise 1000 shares, if you only issue 1 share the owner of that share becomes 100% shareholder in the business.

Setting up and running a Ltd company

Some small businesses start off as a sole trader and many continue with that status indefinitely. However there are some circumstances under which you are better advised to set up as a limited company. A limited company is an individual legal entity in its own right, with its own assets, liabilities, profits and losses. Unlike a sole trader where everything belongs to the owner of the business, the assets, liabilities profits and losses of a limited company belong to the company and need to be fully and properly recorded, managed and accounted for. Even if you start out as a sole trader you can go limited at any time.

You can set up and register your new limited company directly with Pip It Up ltd.