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

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
  • PAYE Registration

Additional items available at checkout

You can add these items during the order process

Official Post Redirection Service
£ 1/yr.
Business Mail Upgrade
£48/yr.
Business Mail Upgrade-with Post Forwarding
£92/yr.
Corporate Hijack Protection
£ 2/yr.
Pre-submission Review
£ 2
Certificate of Good Standing
£30
Guaranteed Same Day Service
£23
Payroll Registration
£10

Limited By Guarantee (LBG) Company Formation

Companies Limited by Guarantee (LBG) are the most popular legal structure of not-for-profit organisations. LBGs are used by charities, clubs, sports clubs, associations, community interest companies (CICs), schools, universities and voluntary organisations.

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
  • 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 Limited or Ltd

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 Articles of Association include a charitable objects clause, this provision no longer applies. This service does not allow for the inclusion of bespoke Articles of Association. If you do wish to form your LBG with amended Articles of Association, use our formation service for charities limited by guarantee.

Including “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 commission may accept a start-up that has pledges of £5000 or more.

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