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Company formation FAQs for our new customers

How long does it take to set up a limited company in the UK?

It will take about 15 minutes to complete and submit our simple online application form, where you will insert the details of your new company. We will conduct a pre-submission review of your order, and then forward it to Companies House, who usually take between 3 to 6 working hours to register a limited company or LLP. Please note, this timescale is subject to Companies House workload on the day and it can sometimes take longer.

How will I know when my company has been formed?

As soon as Companies House incorporate your company, we will send you an order fulfilled email with PDF copies of your company documents attached, and a note of your Companies House Authentication Code. The attached documents will include the certificate of incorporation, memorandum and articles of association and share certificate(s). Unfortunately, Companies House do not provide any updates on progress during the company registration process.

What company type or structure should I choose?

The majority of companies set up in the UK are companies limited by shares – also known as private limited companies. They are used to conduct normal commercial business with the purpose of the owners (shareholders) making a profit, whilst providing limited liability protection should the company hit financial problems.

Alternatively, if you wish to start a non-profit organisation, perhaps for a sports club or workers co-operative, you will need to form a company limited by guarantee. Another structure is the Limited Liability Partnership or LLP, used by professionals who require limited liability, but are not allowed to trade as a limited company by their professional governing body.

We also provide several limited company structures with specific requirements and purposes: companies with multiple share classes, charities, right to manage companies, property management and PLCs.

How do I open a business bank account?

The best way to open a business bank account for your limited company is to let us make the application for you, with one of our 8 banking partners, including Barclays, TSB, Cashplus, CardOne, ANNA, Revolut, Mettle and Countingup.

All of our company formation packages include a business banking option. Simply choose your desired bank account when you reach the Banking Partners page during the company application process. As soon as your company has been formed, we will send you an email containing a link to apply for your chosen bank account. Once you have completed your application, your business bank account will be open within minutes or days – depending on which bank you have chosen.

We have the best choice of business bank accounts in the UK company formation industry. So whether you are looking for an account with a quick and easy online application, one that requires no credit check, or a period of free business banking – we believe we have the bank account which will suit your needs.

Why do you offer different address services, and what purpose do they serve?

We offer three address services. The registered office address and service address are legal requirements for all limited companies and LLPs. Companies House require an official correspondence address for the company (the registered office address), and an official address for company directors, shareholders and company secretaries (the service address). Both addresses are placed on the public record and so many clients prefer to use our address and protect the privacy of their home address.

The third service is the business address which is not a legal requirement, but provides a prestigious business location in Covent Garden, London.

If I change my mind, can I close down my company cheaply and easily?

The short answer is yes! If you register a company and decide not to start trading, closing (or striking off) the company is a simple and cheap process. We provide a cost-effective company dissolution service. If the company has traded, it is slightly more complicated, as you will be required to file up-to-date accounts with Companies House and HMRC, and making sure all taxes are paid, prior to closing the company.

Limited Company Packages

How long does it take to set up a limited company in the UK?

It will take about 15 minutes to complete and submit our simple online application form, where you will insert the details of your new company. We will conduct a pre-submission review of your order, and then forward it to Companies House, who usually take between 3 to 6 working hours to register a limited company or LLP. Please note, this timescale is subject to Companies House workload on the day and it can sometimes take longer.

How will I know when my company has been formed?

As soon as Companies House incorporate your company, we will send you an order fulfilled email with PDF copies of your company documents attached, and a note of your Companies House Authentication Code. The attached documents will include the certificate of incorporation, memorandum and articles of association and share certificate(s). Unfortunately, Companies House do not provide any updates on progress during the company registration process.

What company type or structure should I choose?

The majority of companies set up in the UK are companies limited by shares – also known as private limited companies. They are used to conduct normal commercial business with the purpose of the owners (shareholders) making a profit, whilst providing limited liability protection should the company hit financial problems.

Alternatively, if you wish to start a non-profit organisation, perhaps for a sports club or workers co-operative, you will need to form a company limited by guarantee. Another structure is the Limited Liability Partnership or LLP, used by professionals who require limited liability, but are not allowed to trade as a limited company by their professional governing body.

We also provide several limited company structures with specific requirements and purposes: companies with multiple share classes, charities, right to manage companies, property management and PLCs.

How do I open a business bank account?

The best way to open a business bank account for your limited company is to let us make the application for you, with one of our 8 banking partners, including Barclays, TSB, Cashplus, CardOne, ANNA, Revolut, Mettle and Countingup.

All of our company formation packages include a business banking option. Simply choose your desired bank account when you reach the Banking Partners page during the company application process. As soon as your company has been formed, we will send you an email containing a link to apply for your chosen bank account. Once you have completed your application, your business bank account will be open within minutes or days – depending on which bank you have chosen.

We have the best choice of business bank accounts in the UK company formation industry. So whether you are looking for an account with a quick and easy online application, one that requires no credit check, or a period of free business banking – we believe we have the bank account which will suit your needs.

Why do you offer different address services, and what purpose do they serve?

We offer three address services. The registered office address and service address are legal requirements for all limited companies and LLPs. Companies House require an official correspondence address for the company (the registered office address), and an official address for company directors, shareholders and company secretaries (the service address). Both addresses are placed on the public record and so many clients prefer to use our address and protect the privacy of their home address.

The third service is the business address which is not a legal requirement, but provides a prestigious business location in Covent Garden, London.

If I change my mind, can I close down my company cheaply and easily?

The short answer is yes! If you register a company and decide not to start trading, closing (or striking off) the company is a simple and cheap process. We provide a cost-effective company dissolution service. If the company has traded, it is slightly more complicated, as you will be required to file up-to-date accounts with Companies House and HMRC, and making sure all taxes are paid, prior to closing the company.

Specialist Company Packages

How long does it take to set up a limited company in the UK?

It will take about 15 minutes to complete and submit our simple online application form, where you will insert the details of your new company. We will conduct a pre-submission review of your order, and then forward it to Companies House, who usually take between 3 to 6 working hours to register a limited company or LLP. Please note, this timescale is subject to Companies House workload on the day and it can sometimes take longer.

How will I know when my company has been formed?

As soon as Companies House incorporate your company, we will send you an order fulfilled email with PDF copies of your company documents attached, and a note of your Companies House Authentication Code. The attached documents will include the certificate of incorporation, memorandum and articles of association and share certificate(s). Unfortunately, Companies House do not provide any updates on progress during the company registration process.

What company type or structure should I choose?

The majority of companies set up in the UK are companies limited by shares – also known as private limited companies. They are used to conduct normal commercial business with the purpose of the owners (shareholders) making a profit, whilst providing limited liability protection should the company hit financial problems.

Alternatively, if you wish to start a non-profit organisation, perhaps for a sports club or workers co-operative, you will need to form a company limited by guarantee. Another structure is the Limited Liability Partnership or LLP, used by professionals who require limited liability, but are not allowed to trade as a limited company by their professional governing body.

We also provide several limited company structures with specific requirements and purposes: companies with multiple share classes, charities, right to manage companies, property management and PLCs.

How do I open a business bank account?

The best way to open a business bank account for your limited company is to let us make the application for you, with one of our 8 banking partners, including Barclays, TSB, Cashplus, CardOne, ANNA, Revolut, Mettle and Countingup.

All of our company formation packages include a business banking option. Simply choose your desired bank account when you reach the Banking Partners page during the company application process. As soon as your company has been formed, we will send you an email containing a link to apply for your chosen bank account. Once you have completed your application, your business bank account will be open within minutes or days – depending on which bank you have chosen.

We have the best choice of business bank accounts in the UK company formation industry. So whether you are looking for an account with a quick and easy online application, one that requires no credit check, or a period of free business banking – we believe we have the bank account which will suit your needs.

Why do you offer different address services, and what purpose do they serve?

We offer three address services. The registered office address and service address are legal requirements for all limited companies and LLPs. Companies House require an official correspondence address for the company (the registered office address), and an official address for company directors, shareholders and company secretaries (the service address). Both addresses are placed on the public record and so many clients prefer to use our address and protect the privacy of their home address.

The third service is the business address which is not a legal requirement, but provides a prestigious business location in Covent Garden, London.

If I change my mind, can I close down my company cheaply and easily?

The short answer is yes! If you register a company and decide not to start trading, closing (or striking off) the company is a simple and cheap process. We provide a cost-effective company dissolution service. If the company has traded, it is slightly more complicated, as you will be required to file up-to-date accounts with Companies House and HMRC, and making sure all taxes are paid, prior to closing the company.

Company Services

How long does it take to set up a limited company in the UK?

It will take about 15 minutes to complete and submit our simple online application form, where you will insert the details of your new company. We will conduct a pre-submission review of your order, and then forward it to Companies House, who usually take between 3 to 6 working hours to register a limited company or LLP. Please note, this timescale is subject to Companies House workload on the day and it can sometimes take longer.

How will I know when my company has been formed?

As soon as Companies House incorporate your company, we will send you an order fulfilled email with PDF copies of your company documents attached, and a note of your Companies House Authentication Code. The attached documents will include the certificate of incorporation, memorandum and articles of association and share certificate(s). Unfortunately, Companies House do not provide any updates on progress during the company registration process.

What company type or structure should I choose?

The majority of companies set up in the UK are companies limited by shares – also known as private limited companies. They are used to conduct normal commercial business with the purpose of the owners (shareholders) making a profit, whilst providing limited liability protection should the company hit financial problems.

Alternatively, if you wish to start a non-profit organisation, perhaps for a sports club or workers co-operative, you will need to form a company limited by guarantee. Another structure is the Limited Liability Partnership or LLP, used by professionals who require limited liability, but are not allowed to trade as a limited company by their professional governing body.

We also provide several limited company structures with specific requirements and purposes: companies with multiple share classes, charities, right to manage companies, property management and PLCs.

How do I open a business bank account?

The best way to open a business bank account for your limited company is to let us make the application for you, with one of our 8 banking partners, including Barclays, TSB, Cashplus, CardOne, ANNA, Revolut, Mettle and Countingup.

All of our company formation packages include a business banking option. Simply choose your desired bank account when you reach the Banking Partners page during the company application process. As soon as your company has been formed, we will send you an email containing a link to apply for your chosen bank account. Once you have completed your application, your business bank account will be open within minutes or days – depending on which bank you have chosen.

We have the best choice of business bank accounts in the UK company formation industry. So whether you are looking for an account with a quick and easy online application, one that requires no credit check, or a period of free business banking – we believe we have the bank account which will suit your needs.

Why do you offer different address services, and what purpose do they serve?

We offer three address services. The registered office address and service address are legal requirements for all limited companies and LLPs. Companies House require an official correspondence address for the company (the registered office address), and an official address for company directors, shareholders and company secretaries (the service address). Both addresses are placed on the public record and so many clients prefer to use our address and protect the privacy of their home address.

The third service is the business address which is not a legal requirement, but provides a prestigious business location in Covent Garden, London.

If I change my mind, can I close down my company cheaply and easily?

The short answer is yes! If you register a company and decide not to start trading, closing (or striking off) the company is a simple and cheap process. We provide a cost-effective company dissolution service. If the company has traded, it is slightly more complicated, as you will be required to file up-to-date accounts with Companies House and HMRC, and making sure all taxes are paid, prior to closing the company.