Limited By Guarantee (LBG) Company Formation

This service includes

  • Ready to Trade Company limited by guarantee
  • Companies House filing fee paid by us
  • Emailed PDF of Certificate of Incorporation
  • Emailed PDF of Memorandum & Articles of Association
  • Emailed PDF of Share Certificate(s)
  • Emailed PDF of Minutes of the first meeting of Directors
  • Emailed PDF of Statutory Books
  • Free Online Company Manager to Maintain your Companies
  • Free Online & Telephone Support for the Life of your Company
  • Web authentication code to update Companies House records
  • Printed certificates of incorporation /guarantor certificates/memorandum and articles of association

Optional Free Services

  • 1 hour consultation with Accountants. Either face-to-face or by skype.
  • Optional referral to a payroll bureau
  • Optional referral to bookkeeping and accounting bureau
  • Introduction to online accounting software with introductory benefits.

Optional extra

  • Printed certificates
  • Vat Registration
  • Registered Office
  • Business Telephone

Additional items available at checkout

You can add these items during the order process

Official Post Redirection Service
£ 1/yr.
Commercial Mail Upgrade
£48/yr.
Commercial Mail Upgrade-with Post Forwarding
£92/yr.
UK Post Box Service Upgrade
£72/yr.
Corporate Hijack Protection
£2/yr.
Telephone Starter Pack
£10
Confirmation Statement With Formation
£29
Dormant Accounts
£30
Certificate of Good Standing
£30
Dormant Companies Tax Return
£30

Limited By Guarantee (LBG) Company Formation

Companies Limited by Guarantee (LBG) are the favoured legal structure of most social enterprises. LBGs are used by charities, clubs, sports clubs, associations, community interest companies (CICs), schools, universities and voluntary organisations. Our service provides you with a limited by guarantee company registered at Companies House.

Please note: We are not able to provide you with a registered charity or Charitable Incorporated Organisation (CIO).

Information for Limited By Guarantee (LBG) Company Formation

Limited by Guarantee Companies (LBGs) offer their members several benefits:

  • In the event that an organisation gets into financial difficulties, the liability of its members is limited. The limit is the amount members agree to pay when the company is set up, normally £1.The alternative structures of trusts and unincorporated Associations do not offer any protection
  • Each member has an equal vote.
  • The LBG structure does not allow for the distribution of profits by a dividend. The inability to issue a dividend makes this structure the preferred choice of grant providers.

The name of the company must end with the suffix "Limited" or "Ltd" unless you are upgrading your application to take advantage of The “LTD exemption” provisions

Section 60 of the Companies Acts 2006, states that the name of a company limited by guarantee must end with the words “Limited” or “ Ltd”. However, if the company’s objects (aims) are the promotion or regulation of commerce, art, science, education, religion, charity or any profession and anything incidental or conducive to those objects and any profits or funds will be used for the sole purpose of achieving those aims, the company can be exempted from having the LTD suffix in its name. To take advantage of the LTD exemption, you will need to use the service provided on the “LTD exemption” tab above. As you provide details of the company you will be invited to download the Articles of Association and insert the objects at clause 4.1 and u[load the edited version. The edited Articles of Association will be submitted to Companies House and the exemption granted.

Do not include the word “charity” in your company name.

Charity is a sensitive word and cannot be included in the name of a company. To be able to call yourself a charity you need to be registered with the Charity Commission. To be registered with the Charities Commission, your turnover must be £5000 per year or more. The Charity Commission may accept a start-up that has pledges of £5000 or more.

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