Our Company
Services is one of the country's largest formation agents.
We have a dedicated team of professionally qualified formation
specialists. The need to deliver fast solutions for demanding
business people is paramount to our industry. With this
in mind we can even provide formations which can be formed
electronically and forwarded direct to your computer if
required.
Limited Company Services offer two types of company registration
services: ready-made and own named limited companies:
Ready-Made
We hold an extensive stock of ready-made formations with
suitable drafted business objects for immediate transfer.
We generally hold in excess of 300 ready-made Ltd companies
the names of which change daily. View
our up to date list of ready made limited company formations
or find
out more about ready-made limited companies.
Own Named
Own Named limited can take anything from 3 hours to 3 days
to register. All proposed names are checked at Companies
House to ensure availability, suitability of the name, and
the acceptance of the use of sensitive words such as "International",
"Holding" , "Group" and others. Own
named Limited companies can be incorporated in England &
Wales, Scotland or Northern Ireland. Check
the availability of your chosen name.
Advantages of Ltd Company Formations
Limited Liability
There are a number of advantages to Company registration
the most obvious being "Limited Liability". Unlike
a partnership or Sole Trader if a Ltd Company should be
unsuccessful the Ltd Company would be wound up and only
Ltd Company property/assets can be claimed by Creditors.
Directors and Shareholders have no personal liability whatever
(unless they have acted improperly) and there are no restrictions
on the Directors pursuing further company formations.
Taxation
A Limited Company enjoys more favourable tax concessions
than either Sole Traders or Partnerships. It is subject
to tax but profits are not normally subject to higher rates
of personal tax. Directors pay tax but they are entitled
to claim all the normal personal allowances against income.
This compares favourably with Partnerships for example as
their profits are divided for tax purposes amongst the partners
and they are assessed personally on these amounts at once
even if they have not actually drawn any cash out of the
business.
Protection of Business Name
No two limited companies are allowed to have the same name.
Before proceeding with a company formation the proposed
names are checked for availability and suitability. This
protection is not afforded to individuals / sole traders
or partnerships. To check your chosen name click here.
Ownership
The ownership of a Company is known precisely, so it is
easier to value and buy and sell. The owners are listed
along with the proportion of the company they own. The relationships
between joint owners are consequently far less complex than
most Partnership agreements. A share in a company can be
sold or given away, for example in a Will but when a Sole
Trader dies so does his business. Once the company formation
/ company registration is completed the new limited company
may appoint other limited companies to act as director and
/ or secretary.
Continuity
The death of a Partner ends a Partnership and the ensuing
division of the assets could ruin the business. With a Ltd
Company the death or resignation of a Director does not
affect the structure of the Company which continues as before.
The Shares of the deceased Director pass to the others in
accordance with the Articles of Association.
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