Limited By Guarantee (LBG) Company Formation
Charge for services13
Service items discount £ 0
Net cost of services 13
Warning
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
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.
Printed Certificates
Order a printed Certificate of Incorporation, Share Certificates and Memorandum and Articles of Association on formal stationery. The Certificate of Incorporation displays the Name of the Company, the Date it was formed and the Registration number; it also bears the official seal. The share certificates display the name of the shareholder, the number of shares held and the date they were acquired. Our service includes free delivery to any UK address.
VAT Registration
As HMRC agents, we can apply for your VAT registration on your behalf. VAT registration is ideal for Business to Business (B2B) trading models and for contractors wishing to take advantage of the FRS scheme. There is no minimum turnover requirement for voluntary registration
Warning: To be a director of a company or a partner in an LLP, you have to give Companies House your name, date of birth and residential address. Companies House will publish this information on their website, which is available for anyone to access. As a consequence your personal information will be available to complete strangers.
The risks are obvious:
- Identity theft: The amount of information that is available on social media and other websites about individuals makes it increasingly easy to steal their identity. Making a name, address and date of birth available on an open website makes it so much easier for fraudsters.
- Physical Risk: If your company operates a Business to Consumer (B2C) model, you can become the focus of a customer’s attention without being aware of the fact. Making your home address publicly available makes you vulnerable.
Director’s service address: Companies House will allow you to provide a service address, and that will be published instead of your personal address. If you do not have an office address that you can use as both Registered Office and Director’s Service address, you should consider using our Registered Office Service. The Director’s service address is provided free of charge.
Order Processing Time.
We cannot guarantee completion of your order in 3 hrs.
Unless you have asked for a pre-submission review, Your completed order will be submitted to Companies House as soon as you place it and they will take from 3- 24 working hours to process your it. The time taken by Companies House to process an order is completely outside our control.Companies House is open between 8.30am to 6 pm (Monday to Friday).
Same Day Service.
If you need your company formed on the day you place your order, we offer a same day service. We charge £23+vat to cover additional fees charged by Companies House. The guarantee is only effective if you place your order before 2.30 p.m. on a working day.
PAYE Registration
If you intend to remunerate your employees and directors, you will need to operate a PAYE scheme. Save time by using our PAYE registration service. We are HMRC authorised.
Registered Office Service
The discounted reg office price is £22+vat
Your Registered Office and director's service address will be 27 Old Gloucester Street,
London WC1N 3AX. Your personal address will not be on display at Companies House.
Package includes:
- Registered Office for 1 year.
- Free Directors service address for all directors for 1 year.
- Free delivery of official post (letters from HMRC, Companies House and the Courts) via our unique scanning service.
- Free maintenance of Statutory Records.
- Fixed annual renewal fee of £36+vat per year.
Please Note:
Please note that we provide a correspondence address and not a freight forwarding address. We will not accept parcels weighing more than 10 kilos or exceeding the following dimensions: 46cm x 33 cm x 27 cm.
End with "ltd"/"limited"
Using this option your limited by guarantee company name will end with the suffix "LTD" or "Limited".
"ltd" / "limited" exemption
Using this option, you will be exempted from the requirement to end your company name with the "Ltd"/"Limited." suffix. Our Articles of Association have been adapted to meet the legal requirements for exemption.
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