Setting up a LTD company

[Phil Hopkins]

Hi Chaps,

I may soon have cause to set up a limited company as part of a possible business venture I might be involved with.

Anyone have any idea as to rough costs involved and the best way to do it?

Thanks in advance.


Phil

Edited by Phil Hopkins on Saturday 16th September 18:25

[Plotloss]

£30, over the internet, jobs a goodun.

[Boosted LS1]

Plotloss said:

£30, over the internet, jobs a goodun.

Is that all, got a good link I can study? Thanks.

Boosted.

[Eric Mc]

Do a Google under "UK limited company formation" and you will be spoiled for choice.

[RichUK]

Very easy to do, as suggested, have a Google and take your pick!

[Plotloss]

Boosted LS1 said:

Plotloss said:

£30, over the internet, jobs a goodun.

Is that all, got a good link I can study? Thanks.

Boosted.

I used a crowd called EAC, took 24 hours.

[Phil Hopkins]

Cheers chaps.

[Eric Mc]

The easy part is setting it up.

The difficult part is running it.

[Size Nine Elm]

Eric Mc said:

The easy part is setting it up.

The difficult part is running it.

Difficult part is finding a good accountant.

[JagLover]

Eric Mc said:

The easy part is setting it up.

The difficult part is running it.

Indeed

And in regards to setting one up, cheapest may not be best. You will need Memorandum & articles of association, forms appointing Director & Secretary etc.

We set up companies for a number of our clients and charge a fair amount more than £30, but that is because we complete all the forms they need, and all they need to do is sign what we send them.

[UpTheIron]

Size Nine Elm said:

Eric Mc said:

The easy part is setting it up.

The difficult part is running it.

Difficult part is finding a good accountant.

And the chances are a good accountant will set your Ltd up FoC in return for 12 months business...

[Phil Hopkins]

It's just a possibility at the moment but i'll certainly be requiring the services of a recommended accountant. (Eric).

I suspect i'll be able to sort out all the LTD company bits and bobs myself to keep initial costs down (without having to remortgage the property!!).

[Eric Mc]

I'm based in Farnborough Hants so probably outside your area but feel free to contact me through my profile if you want a chat.

[Phil Hopkins]

Will do. Cheers Eric

[Plotloss]

JagLover said:

Eric Mc said:

The easy part is setting it up.

The difficult part is running it.

Indeed

And in regards to setting one up, cheapest may not be best. You will need Memorandum & articles of association, forms appointing Director & Secretary etc.

We set up companies for a number of our clients and charge a fair amount more than £30, but that is because we complete all the forms they need, and all they need to do is sign what we send them.

That £30 is including M&A and all the forms appointing Director and Secretary.

[Phil Hopkins]

Plotloss said:

JagLover said:

Eric Mc said:

The easy part is setting it up.

The difficult part is running it.

Indeed

And in regards to setting one up, cheapest may not be best. You will need Memorandum & articles of association, forms appointing Director & Secretary etc.

We set up companies for a number of our clients and charge a fair amount more than £30, but that is because we complete all the forms they need, and all they need to do is sign what we send them.

That £30 is including M&A and all the forms appointing Director and Secretary.

Looks good actually.

www.eacbs.com is the link.

[BliarOut]

Bloody hell... Took under two hours to set my Ltd. company up

Once I learned how to type my date of birth correctly

[mattyboy101]

If say a Ltd company was set up, to protect the name etc while it was being set up, but no trading occurred in the first year besides a director loan and couple of purchases, how much paperwork would be involved in filing the yearly statement?

[JagLover]

mattyboy101 said:

If say a Ltd company was set up, to protect the name etc while it was being set up, but no trading occurred in the first year besides a director loan and couple of purchases, how much paperwork would be involved in filing the yearly statement?

You are still required to sumbit accounts to Companies House that are in compliance with the Companies Act.

[mattyboy101]

I assume it would be easy to do yourself with only a few transactions?