Limited Company UK

There are basically two ways of obtaining a limited liability company through which to trade, either by acquiring a company which has already been incorporated but is not trading (known as a "dormant company" or "ready-made company"), or alternatively, by setting-up a new limited company from scratch.  Important Note: The formation of limited companies can take 4-8 hours if applications and payment are received before 11:00 AM London-time and Companies House permitting* (Companies House then aim to respond to electronically filed documents within 4-8 working hours.  Each limited company package includes all statutory paperwork and is fully compliant with company law.  Different types of company require different combinations of officers; a private limited company must have at least one director and a company secretary (a sole-director cannot also act as the secretary); while a public limited company must have a least two directors and a company secretary.

Forming a limited company in the UK involves lodging certain documents at Companies House, which is the government agency responsible for registering companies. There is also a legal requirement to create and maintain certain registers. Generally there are four documents  required to be lodged at Companies House, the Companies House form 10, the Companies House form 12, the Memorandum of Association and the Articles of Association. In some rare cases (e.g. where special permission from some other agency is required in respect of the proposed company's chosen name) other documents may also need to be lodged.

The forms 10 and 12 can be obtained from the Companies House website. However, they are not the easiest forms to be filled in and if completed incorrectly, the Companies House will reject the documents, which will necessitate that they may be corrected and returned to Companies House.

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