How do I set up a limited company?
There are many things to consider when thinking about setting up a limited company, including whether it is the right option for your business. If you do decide to go ahead then you will need to choose a company name, who the directors and shareholders are going to be and then register the company with Companies House.
Can I set up a limited company myself?
We strongly recommend using the services of an accountant to help get your company incorporated as there are many things to consider. For example, ensuring that you have the right company structure, that shares are allotted correctly and importantly that all the necessary forms and paperwork are completed correctly and submitted to Companies House, like the Articles of Association and the Memorandum of Association.
How can Downham Associates help?
We will provide you with all the guidance you need before you set up your new company, including providing advice on the best company structure regarding directors and shareholders. We will then complete all the relevant paperwork to ensure everything is properly set up and compliant and liaise with Companies House on your behalf.
In addition, we offer a wide range of other services to all business start-ups, including:
- Preparing a business plan, cash flow projections, budgets and trading forecasts
- Assessing your finance requirements, if appropriate, and advising on the best source of finance for your particular business
- Offering advice on all bookkeeping matters including which might be the best accounting system for your business
