Barbara Kahan???
Discussion
paddltop said:
Sort of like this
1. Website designer builds websites using unique domain names and sells them on godaddy
2. A company formation agent creates a company in her name then places it on a registry for selling to a new director
How would 1 work as you wouldn't know what the company was going to do. In 2 one of the first actions is to change the name of the company1. Website designer builds websites using unique domain names and sells them on godaddy
2. A company formation agent creates a company in her name then places it on a registry for selling to a new director
desolate said:
How would 1 work as you wouldn't know what the company was going to do. In 2 one of the first actions is to change the name of the company
Jesus christ this is difficult.Kahan is a company formation agent, does a customer go to her to form a company through companies house, and why has she so many companies in her name as director? Is this because she had thousand of customers over the years use her to form the company at CH
Sleepezy stated.... I didn't deal with her directly - the solicitor I used to set up my first company bought it from the formation agent that she's affiliated to...
So how did the agent buy sleepezy' company? Was it a company formed and placed on the shelf and then sleepezy wanted that company name?
So how did the agent buy sleepezy' company? Was it a company formed and placed on the shelf and then sleepezy wanted that company name?
paddltop said:
So how did the agent buy sleepezy' company? Was it a company formed and placed on the shelf and then sleepezy wanted that company name?
I'd guess at no, unless they wanted a company called Pacific Shelf 34211, or Sevco 1234, or some similar nothing company name. They would have more likely bought the company, as CoName123 Ltd and then changed the name to one of their choosing.
The company is already 'established' maybe for a year or two, which to some people can lend credence to the new supplier they are using, if they don't look any deeper. Rather than us a newly formed company.
Or it's just to save the relatively little work in setting your own company up directly with companies house.
Some off the shelf companies also come pre-registered for VAT and I've seen some advertised with business bank accounts included as well.
There are lots of people who need to set up a ltd company but don't care what its called. Either they use a 'trading as' name or they're in a business where its irrelevant - maybe a contract programmer, quits the day job to go contracting, nobody cares what his company is called but he wants one today because hes got his first contract and needs to sign it as a director of a ltd co and get on with sorting bank account etc. Ring up a formation agent and buy an off the shelf.
I'd guess that using agents used to be more common - these days it seems pretty easy to do the paperwork online yourself, that wasnt always the case.
I'd guess that using agents used to be more common - these days it seems pretty easy to do the paperwork online yourself, that wasnt always the case.
paddltop said:
Jesus christ this is difficult.
Kahan is a company formation agent, does a customer go to her to form a company through companies house, and why has she so many companies in her name as director? Is this because she had thousand of customers over the years use her to form the company at CH
Both.Kahan is a company formation agent, does a customer go to her to form a company through companies house, and why has she so many companies in her name as director? Is this because she had thousand of customers over the years use her to form the company at CH
you're making hard work of this - what is your actual question?
k all about is why you want others to see me as a stalker, paddltop said:
Jesus christ this is difficult.
Think of the days before the internet.I fancy starting a company. So I go and find the paperwork, fill it in, post it to companies house, wait for them to post the company certificate back to me. Until I have that I can't go to the bank and open an account and until I have an account I can't trade. So I might easily be a couple of weeks from starting a company until I can actually do anything.
Or I can call a company formation agent, they can take a company they've already created, sell it to me and tell me the legal details over the phone.
Theres money to be made in offering that kind of improvement in efficiency.
JM said:
They would have more likely bought the company, as CoName123 Ltd and then changed the name to one of their choosing.
In my case this is what happened - and I bought the company 3 days after it was first incorporated so they must have a pretty high turnover of companiesWith the online service so easy to use the demand for formation agents must be dwindling now.
sleepezy said:
In my case this is what happened - and I bought the company 3 days after it was first incorporated so they must have a pretty high turnover of companies
With the online service so easy to use the demand for formation agents must be dwindling now.
The demand still seems to be there; I, and most of my competitors, used to buy an average of five or six companies a month to create special purpose vehicles and other joint venture vehicles when I worked in project finance. With the online service so easy to use the demand for formation agents must be dwindling now.
Doing all the formation stuff yourself (even online) was a bore and not very cost-effective (opportunity cost of my people's billable time), paying expensive London lawyers to do it for our clients massively not cost-effective, but picking up the phone and ordering a couple at a time was very cost-effective and very fast.
psi310398 said:
The demand still seems to be there; I, and most of my competitors, used to buy an average of five or six companies a month to create special purpose vehicles and other joint venture vehicles when I worked in project finance.
Doing all the formation stuff yourself (even online) was a bore and not very cost-effective (opportunity cost of my people's billable time), paying expensive London lawyers to do it for our clients massively not cost-effective, but picking up the phone and ordering a couple at a time was very cost-effective and very fast.
Fair enough - I guess I didn't qualify my post sufficiently - I would always use an agent for 'professional services' work, as you say it's cost effective. I more meant that it was so easy to do online that a small organisation doing it for themselves may be more inclined to do so outside an agent given now it is easy when compared to a decade ago when it was more of a PITA.Doing all the formation stuff yourself (even online) was a bore and not very cost-effective (opportunity cost of my people's billable time), paying expensive London lawyers to do it for our clients massively not cost-effective, but picking up the phone and ordering a couple at a time was very cost-effective and very fast.
Countering this, wouldn't surprise me if new registrations are up (partly as it's easier and cheaper) so the net effect may be minimal. I guess I posted before I considered...
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